Certified in the Governance of Enterprise IT (CGEIT) — Question 134
The IT function received only 50% of the requested funding to support the IT strategy for new business initiatives. Which of the following is the CIO's MOST important course of action before considering alternative resource options?
Answer options
- A. Prioritize the portfolio.
- B. Terminate less visible maintenance projects.
- C. Develop a new balanced scorecard.
- D. Conduct a cost-benefit analysis.
Correct answer: A
Explanation
The most critical step for the CIO is to prioritize the portfolio, as this allows for the alignment of resources with the most important initiatives. Terminating less visible projects or developing a new balanced scorecard may not address the immediate funding shortfall. Conducting a cost-benefit analysis is useful, but understanding priorities is essential before making any decisions on resource allocation.