True/False

1. Within a company, internal IT demand normally exceeds supply. T or F.
2. Business benefits are not expected during the deployment of new technology. T or F.
3. Intelligent use of data makes organizations slightly more likely to be top performers. T or F.
4. Realizing IT value is the IT value proposition component that is most often ignored. T or F.
5. Using IT for customer service will improve customer experience. T or F.
6. Traditional budget cycles are a barrier to effective IT strategy development. T or F.
7. Compelling business opportunity is a justifiable reason to deviate from standard governance. T or F.
8. It is more crucial that the Business team learns IT than the IT team learns the business. T or F.
9. A greater number of competitors in an industry increases the amount spent on IT/org. T or F.
10. The business model explains how the different pieces of the business fit together. T or F.
11. Legacy maintenance normally accounts for 50% of the IT budget. T or F.
12. Decentralizing IT management is a common mechanism for lowering IT costs. T or F.
13. Estimates show that a majority of data are structured. T or F.
14. Artificial intelligence is best focused on a narrow problem with a lot of relevant data. T or F.
15. Collaborative software represents one-fifth of most organizations' technology budgets, because business leaders can maturely quantify its business value. T or F.
16. Strong partnership across Business-IT includes having either utility and technology partners or technology and business partners to ensure successful IT demand. T or F.
17. Agile development is the SDLC recommended approach for large scale projects. T or F.
18. Industry standard estimation for testing level of effort is 10% of development resources. T or F.
19. Governance is a mechanism largely grounded in the discipline of economics. T or F.
20. Flexibility often comes as a tradeoff for process rigor. T or F.