An enterprise has a large backlog of IT projects.
The current strategy is to execute projects as they are submitted, but executive management does not believe this method is optimal.
Which of the following is the MOST important action to address this concern?
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A. B. C. D.D.
The most important action to address the concern of executing IT projects as they are submitted and not having an optimal method, would be to create a combined business/IT committee to determine project prioritization.
Explanation: Option A, establishing a performance dashboard that determines business value, is a good approach to monitor project performance and evaluate the value of each project. However, it does not address the concern of project prioritization. Even if the dashboard helps to identify valuable projects, it does not provide guidance on which projects should be executed first.
Option C, implementing a methodology to prioritize projects based on resource availability, is also a good approach. However, it assumes that resource availability is the most critical factor for project prioritization. This may not be the case, as other factors such as business value, strategic alignment, and risk may be more important in determining project prioritization.
Option D, implementing stage-gating to determine the value of each project, is a project management approach that involves evaluating projects at different stages to determine their value and feasibility. However, it does not provide guidance on project prioritization and may add unnecessary complexity to the project selection process.
On the other hand, option B, creating a combined business/IT committee to determine project prioritization, is the most appropriate approach to address the concern of project prioritization. This approach involves bringing together business and IT stakeholders to evaluate and prioritize projects based on factors such as business value, strategic alignment, risk, and resource availability. The committee can also help to ensure that projects are aligned with the organization's overall strategy and goals.
In summary, creating a combined business/IT committee to determine project prioritization is the most important action to address the concern of executing IT projects as they are submitted and not having an optimal method.