Certified Internal Auditor (CIA) Part 3: Business Knowledge for Internal Auditing — Question 144

A chief audit executive wants to implement an enterprisewide resource planning software.

Which of the following internal audit assessments could provide overall assurance on the likelihood of the software implementation's success?

Answer options

• A. Readiness assessment.
• B. Project risk assessment.
• C. Post-implementation review.
• D. Key phase review.

Correct answer: B

Explanation

The correct answer is B, as a Project risk assessment evaluates the potential risks associated with the project, helping determine the likelihood of successful implementation. The other options, while relevant to different phases of a project, do not specifically address the overall risk factors that could impact the success of the software implementation.