Supporting IT Investment Planning

The Importance of IT Investment Planning

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Question

Which of the following BEST supports an organization's planning efforts for investments in IT initiatives?

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A. B. C. D.

B.

Out of the given options, Enterprise Architecture (EA) is the best support for an organization's planning efforts for investments in IT initiatives.

Enterprise architecture is a discipline that involves the analysis, design, planning, and implementation of the IT assets and capabilities of an organization. It helps organizations align their IT strategies with their business objectives and goals, and it provides a framework for making IT investment decisions.

Here are some of the reasons why EA is the best option to support an organization's planning efforts for IT initiatives:

  1. EA provides a holistic view of an organization's IT landscape. By examining the entire IT ecosystem, including hardware, software, networks, and data, EA helps organizations identify redundancies, inefficiencies, and areas where technology investments can be optimized.

  2. EA helps organizations prioritize IT investments based on their strategic importance. By aligning IT initiatives with business objectives, EA helps organizations ensure that they are investing in the right areas and that they are getting the maximum return on their investments.

  3. EA helps organizations manage risk. By identifying potential risks and vulnerabilities in the IT environment, EA helps organizations take steps to mitigate those risks and protect their IT investments.

  4. EA provides a framework for collaboration and communication. By providing a common language and a shared understanding of the organization's IT landscape, EA helps stakeholders across the organization work together to make informed decisions about IT investments.

In contrast, Capability Maturity Model (CMM), Agile Project Management, and Continuous Gap Assessment are more focused on specific areas of IT investment planning and may not provide the holistic view that EA does.

CMM is a framework for assessing and improving an organization's software development processes. While it can help organizations improve their IT processes, it does not provide the same level of strategic guidance as EA.

Agile Project Management is an approach to project management that emphasizes flexibility and responsiveness to changing requirements. While it can help organizations manage individual IT projects more effectively, it does not provide the same level of strategic guidance as EA.

Continuous Gap Assessment is a process of continuously evaluating an organization's IT capabilities and identifying areas where improvements can be made. While it can help organizations identify opportunities for IT investment, it does not provide the same level of strategic guidance as EA.

In summary, Enterprise Architecture is the best option to support an organization's planning efforts for IT initiatives because it provides a holistic view of the IT landscape, aligns IT initiatives with business objectives, helps manage risk, and provides a framework for collaboration and communication across the organization.