Governance of Enterprise IT (CGEIT) Certification Practice Exam

What is the first domain for benefit realization according to COBIT GEIT?

1. Value governance

2. Investment management

3. Risk management

4. Portfolio management

The correct answer is: Value governance

The first domain for benefit realization according to COBIT for Governance of Enterprise IT (GEIT) is value governance. This domain focuses on ensuring that IT investments provide value to the organization. It encompasses defining and aligning the organization's strategy with IT processes, ensuring that IT delivers tangible benefits, and measuring those benefits effectively. Value governance establishes the framework for decision-making and prioritization regarding IT investments and initiatives. It helps organizations identify and balance the delivery of value against the risks and costs associated with IT projects, ensuring that all stakeholders have a clear understanding of how IT supports organizational objectives. In this context, value governance serves as the foundational element for the other domains. Investment management, risk management, and portfolio management are all integral components of achieving overall business objectives but are built upon the principles and practices established by value governance. By focusing first on how value is governed, organizations can make better-informed decisions about how to allocate resources and manage investments effectively.