IST 301 Exam 2 ITPM/EA Questions with 100% Correct Answers

IST 301 Exam 2 ITPM/EA Questions with 100% Correct Answers What are the three pervasive problems with IT projects? - answer✔✔Late delivery, overbudget, does not meet business requirements What is IT portfolio management - answer✔✔Managing IT as a portfolio of assets like a financial portfolio What are the risks associated with an IT project? - answer✔✔delays, cost overruns, strategic misalignment, end-user acceptance What are the dimensions of the IT portfolio? - answer✔✔Value to the the business (vertical) Risk (Horizontal) What are the top 10 benefits of the ITPM process? - answer✔✔1) improved business -strategy alignment 2) centralized control 3) cost reduction 4) communication with business executives 5) improved ROI 6) improved customer service 7) professional respect 8) competitive advantage 9) IT integration during mergers and acquisition 10) improved decision making What are the implementation hurdles of ITPM? - answer✔✔Metrics and Measurement Process, Skills and Resources, Business Alignment