IT Steering Committee

C.

An IT steering committee is a group of executives, stakeholders, and IT professionals who are responsible for ensuring that the organization's IT investments are aligned with the overall business objectives and strategies. The committee assists the board of directors to fulfill IT governance duties by providing recommendations on how IT resources can be best utilized to achieve the organization's goals.

The correct answer to the given question is option C: overseeing major projects and IT resource allocation.

Option A, developing IT policies and procedures for project tracking, is a responsibility of the IT department and is not a duty of the IT steering committee. The steering committee's role is to provide strategic guidance and oversight, not to develop tactical procedures.

Option B, focusing on the supply of IT services and products, is a function of the IT department and procurement. The steering committee's role is to ensure that the IT services and products align with the organization's business objectives, but it is not their primary responsibility to focus on the supply of these services and products.

Option D, implementing the IT strategy, is also a responsibility of the IT department. The steering committee's role is to provide guidance and oversight to the implementation of the IT strategy, but they are not responsible for its actual implementation.

Therefore, option C, overseeing major projects and IT resource allocation, is the correct answer. The IT steering committee oversees major IT projects to ensure they are aligned with the organization's objectives and monitors the allocation of IT resources to ensure that they are being used effectively and efficiently. By providing oversight and guidance, the IT steering committee assists the board of directors to fulfill their IT governance duties.