IT Investment Activities for Aligning to Business Goals

IT Investment Activities

Question

Which of the following BEST defines the IT investment activities an enterprise will undertake when aligning to business goals?

Answers

Explanations

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A. B. C. D.

D.

The answer that BEST defines the IT investment activities an enterprise will undertake when aligning to business goals is A. Portfolio management.

Portfolio management is a process that involves selecting, prioritizing, and managing a group of IT investments in order to achieve specific business objectives. It involves evaluating and monitoring investments based on their risk, return, and alignment with business goals.

IT investments can include projects, programs, services, and assets that support the delivery of IT services to the organization. By aligning IT investments with business goals, portfolio management ensures that IT resources are utilized in the most effective way possible to support the organization's overall strategy.

Procurement management involves the acquisition of goods and services, including IT resources, to support the organization's needs. While this is an important aspect of IT investment activities, it does not fully encompass the process of aligning IT investments with business goals.

Project management involves the planning, execution, and control of individual projects within the organization. While project management is an important aspect of IT investment activities, it does not address the larger scope of managing a portfolio of IT investments.

Risk management involves identifying, assessing, and managing risks that may impact the success of IT investments. While this is an important aspect of IT investment activities, it does not fully address the process of aligning IT investments with business goals.

In summary, portfolio management is the best answer as it involves selecting, prioritizing, and managing a group of IT investments in order to achieve specific business objectives, which is crucial for aligning IT investments with business goals.