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Exam CGEIT All Questions

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Exam CGEIT topic 1 question 407 discussion

Actual exam question from Isaca's CGEIT
Question #: 407
Topic #: 1
[All CGEIT Questions]

When evaluating the process for acquiring third-party IT resources, management identified several suppliers with repeated downtime issues impacting the enterprise. Which of the following is the BEST approach to help ensure future service delivery in accordance with business objectives?

  • A. Establish key risk indicators (KRIs)
  • B. Implement contract monitoring
  • C. Establish key performance indicators (KPIs)
  • D. Appoint a procurement oversight committee
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Suggested Answer: B 🗳️

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ARaghunanan
2 months, 2 weeks ago
Selected Answer: C
KPIs are essential metrics that help organizations measure the effectiveness and efficiency of their suppliers' services against predefined business objectives.
upvoted 1 times
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SuperMax
8 months, 1 week ago
Selected Answer: B
B. Implement contract monitoring Implementing contract monitoring is the best approach to help ensure future service delivery in accordance with business objectives when dealing with suppliers who have repeated downtime issues. Contract monitoring involves actively tracking and evaluating the performance of suppliers against predefined service level agreements (SLAs) and other contractual obligations. By implementing contract monitoring, the enterprise can closely monitor the supplier's performance, including uptime, downtime, response times, and overall service quality. It allows the enterprise to hold the supplier accountable for meeting agreed-upon performance standards and taking corrective action if necessary.
upvoted 1 times
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yihwen
1 year, 5 months ago
Selected Answer: B
The BEST approach to help ensure future service delivery in accordance with business objectives when there are repeated downtime issues impacting the enterprise from third-party IT resources is to B. Implement contract monitoring. This is because contract monitoring will help to ensure that the suppliers are meeting their contractual obligations. This includes meeting service level agreements (SLAs) and ensuring that the services are delivered in accordance with the agreed-upon specifications.
upvoted 2 times
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Frank1480
1 year, 9 months ago
The BEST approach to help ensure future service delivery in accordance with business objectives when dealing with third-party IT resources that have repeated downtime issues is to implement contract monitoring.
upvoted 2 times
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WongY
3 years, 1 month ago
Why not C?
upvoted 1 times
SuperMax
8 months, 1 week ago
Establishing key performance indicators (KPIs) is also important, but these KPIs should be part of the contract and monitored through the contract monitoring process. Key risk indicators (KRIs) are more focused on identifying potential risks rather than managing the performance of existing suppliers. Appointing a procurement oversight committee could be helpful for strategic decisions but might not directly address the issue of supplier downtime. Therefore, implementing contract monitoring is the most effective approach in this scenario.
upvoted 1 times
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