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The CISM exam tests whether you know how ISACA frames it.
The single most important thing to internalize: CISM always picks the business-aligned answer over the purely technical one. When you see a question where one answer protects the business and another protects the systems, ISACA picks the business.
The second most important rule: Senior management sponsorship is required for everything. Any security initiative needs executive buy-in. Full stop.
The third rule: Risk-based decisions over compliance checkboxes. CISM wants you thinking about risk, not ticking boxes.
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