BEC 6 M2: IT Governance Flashcards Preview

BEC 6: Process Management and Info Technology > BEC 6 M2: IT Governance > Flashcards

Flashcards in BEC 6 M2: IT Governance Deck (7)
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1
Q

Steering Committee

A

formed to guide and oversee systems development and acquisition

2
Q

monetary value of a risk

A

risk probability*cost to fix problems caused by risk

3
Q

Five focus areas for IT governance

A
  1. Value delivery
  2. strategic alignment
  3. resource management
  4. risk management
  5. performance measurement
4
Q

Electronic Data Interchange (EDI)

A

exchange of business transaction documents from one computer to another. Not used for collaboration between humans, just computers.

5
Q

Another name for collaborative systems

A

Groupware systems

6
Q

Control Objectives for Information and related Technology (COBIT)

A

best practices framework for implementing IT, it’s not a requirement

7
Q

a primary goal of IT governance is to

A

balance risk vs return over IT and its processes