Strategic Planning for IT-Enabled Investments

The Best Approach for Planning IT-Enabled Investments

Question

Which of the following is the BEST approach to assist an enterprise in planning for IT-enabled investments?

Answers

Explanations

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A. B. C. D.

D.

The BEST approach to assist an enterprise in planning for IT-enabled investments is through Enterprise architecture.

Enterprise architecture is a framework that provides a comprehensive view of an organization's business processes, information systems, technology infrastructure, and people. It helps organizations align their IT investments with their overall business strategy, goals, and objectives. It enables enterprises to make informed decisions about technology investments, helps to optimize their IT portfolio, and improves the agility of the organization to respond to changing business needs.

Through enterprise architecture, an organization can:

  1. Develop a comprehensive understanding of the current IT landscape: Enterprise architecture enables an organization to create a comprehensive view of its current IT landscape, including hardware, software, applications, and data.

  2. Identify gaps and opportunities: With a comprehensive view of the IT landscape, enterprise architecture can help identify gaps and opportunities for improvement. This includes identifying redundant systems, outdated technology, and areas where new technology can be leveraged to enhance business operations.

  3. Align IT with business strategy: Enterprise architecture enables an organization to align its IT investments with its overall business strategy, goals, and objectives. This ensures that IT investments are focused on delivering business value and are not just technology-driven.

  4. Optimize IT portfolio: Enterprise architecture helps an organization to optimize its IT portfolio by identifying redundant systems, reducing costs, and improving efficiency.

  5. Improve agility: Enterprise architecture helps an organization to improve its agility by providing a framework for decision-making and enabling IT investments to be made quickly in response to changing business needs.

In summary, Enterprise architecture provides a comprehensive framework for an organization to plan and manage its IT-enabled investments. It enables organizations to align their IT investments with their business strategy, optimize their IT portfolio, and improve their agility to respond to changing business needs.