Best Methods to Align IT Strategy with Business Strategy - CISA Exam | ISACA

B.

Out of the given options, the method that would BEST ensure that IT strategy is in line with business strategy is Value analysis (Option B).

Value analysis is a methodical approach to identifying and eliminating waste in processes and products while improving their quality and performance. It involves assessing the value of a product or service by comparing its benefits to its costs. The primary objective of value analysis is to improve the value of a product or service to the customer while reducing its overall cost. This approach can be used to align IT strategy with business strategy by ensuring that IT investments are aligned with the organization's objectives and goals.

Value analysis can help organizations to:

1. Identify the critical success factors of the business, which can help in prioritizing IT investments that are most aligned with the business goals.

2. Assess the value of IT investments in terms of the benefits they provide to the organization and their costs.

3. Determine the potential impact of IT investments on the organization's processes and operations.

4. Identify opportunities to improve the value of IT investments by reducing their costs or improving their benefits.

Break-even analysis (Option A) is a financial analysis tool that helps organizations to determine the minimum amount of revenue needed to cover their costs. This tool is useful in assessing the financial viability of IT investments, but it may not provide a comprehensive view of the strategic alignment of IT investments with the business strategy.

Critical path analysis (Option C) is a project management tool that helps in identifying the most critical tasks in a project and determining the sequence and duration of each task. This tool is useful in managing IT projects, but it may not provide a comprehensive view of the strategic alignment of IT investments with the business strategy.

Business impact analysis (Option D) is a risk management tool that helps organizations to assess the potential impact of a disruptive event on their operations. This tool is useful in identifying the critical systems and processes that are necessary for the organization's continued operation, but it may not provide a comprehensive view of the strategic alignment of IT investments with the business strategy.

In conclusion, value analysis is the BEST method for ensuring that IT strategy is in line with business strategy. It provides a comprehensive view of the value of IT investments to the organization and their alignment with the business goals.