Implementing First Mobile Sales Channel: Final Approval for Accepting IT Risk | CGEIT Exam Prep

Final Approval for Accepting IT Risk

Question

An enterprise is implementing its FIRST mobile sales channel.

Final approval for accepting the associated IT risk should be obtained from which of the following?

Answers

Explanations

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A. B. C. D.

B.

When an enterprise implements a new IT system or technology, it involves a certain amount of risk. To mitigate these risks, organizations typically implement risk management strategies and seek approval from various stakeholders before going live with the system.

In this scenario, the enterprise is implementing its first mobile sales channel, which means that the risks associated with this new technology are unknown, and therefore, it's crucial to obtain approval from the right authority before going live.

Out of the given options, the final approval for accepting the associated IT risk should be obtained from the IT steering committee. This is because the IT steering committee is responsible for overseeing the IT strategy and implementation in an organization.

The IT steering committee typically consists of senior executives from the IT department, business units, and other key stakeholders. This committee has the authority to approve or reject new IT initiatives and assess the associated risks before implementation. Therefore, it's the most appropriate authority to give final approval for accepting the associated IT risks in this scenario.

While the business sponsor may have a vested interest in the new mobile sales channel, they may not have the technical expertise to assess the associated IT risks. Similarly, the Chief Information Officer (CIO) may be responsible for overseeing the IT operations, but they may not have the authority to make the final decision on accepting the associated IT risk. Finally, the Risk Manager may provide valuable insights into the risks involved, but they may not have the authority to approve or reject the new initiative.

To summarize, in this scenario, the final approval for accepting the associated IT risk should be obtained from the IT steering committee.