Aligning IT Investments with Strategic Objectives | CGEIT Exam Preparation

Aligning IT Investments with Strategic Objectives

Question

Which of the following would BEST align an enterprise's IT investments with its strategic objectives?

Answers

Explanations

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A. B. C. D.

A.

Among the given options, the best approach for aligning an enterprise's IT investments with its strategic objectives is through portfolio management (option D).

Portfolio management involves identifying, prioritizing, and managing a set of IT investments that align with an organization's strategic objectives. This approach ensures that the IT investments are consistent with the business goals and objectives and are contributing towards achieving them.

By using portfolio management, an organization can evaluate its IT investments based on their value, risks, and alignment with business objectives. It helps organizations to optimize their IT investments by investing in projects and initiatives that are critical to achieving their strategic goals.

On the other hand, options A, B, and C are not as effective as portfolio management in aligning IT investments with strategic objectives. High process maturity score (option A) may indicate that the organization has established a good level of IT processes, but it does not necessarily ensure that the IT investments are aligned with the strategic objectives. Similarly, IT budget and financial statements (option B) and control self-assessment (option C) can provide information about the financial performance and internal controls, but they do not offer a comprehensive approach for aligning IT investments with strategic objectives.

In summary, portfolio management is the best approach for aligning IT investments with strategic objectives as it enables organizations to identify, prioritize, and manage a set of IT investments that are consistent with their business goals and objectives.