The First Step in the IT Investment Process

B.

The correct answer is C. Select IT projects that will best support the enterprise's mission.

The IT investment process involves selecting and funding IT projects that will help achieve an enterprise's objectives. It is a complex process that requires careful consideration and analysis to ensure that the investments are aligned with the organization's mission and goals.

Before analyzing risks and benefits, assessing impact on the investment plan, or analyzing past data, it is essential to determine which IT projects align with the enterprise's mission. This step ensures that IT investments support the organization's overall strategy and contribute to its success.

Once the IT projects that align with the enterprise's mission have been identified, the next step is to analyze the risks and benefits associated with each investment. This step helps evaluate the potential return on investment and identify any potential risks that may affect the project's success.

Assessing each project's impact on the enterprise's investment plan comes next. This step helps ensure that the investments are in line with the organization's overall investment strategy and budget. It also helps prioritize investments based on their importance to the organization's success.

Finally, analyzing IT investments based on past data comes into play. This step helps evaluate the success of previous investments and identify opportunities for improvement. It also helps inform future investment decisions by identifying trends and patterns in the organization's investment history.

In summary, selecting IT projects that support the enterprise's mission should occur first in the IT investment process. It provides a foundation for the rest of the process and ensures that IT investments are aligned with the organization's overall strategy and goals.