What is the PRIMARY benefit of establishing a steering committee for IT investment oversight?

Prepare for the CISA Domain 2 Exam. Use flashcards and multiple-choice questions with hints and explanations to get exam ready!

Establishing a steering committee for IT investment oversight primarily ensures that investments align with the business requirements. This alignment is crucial because it helps prioritize IT initiatives based on the strategic goals of the organization. When investments are made according to business needs, it leads to better resource allocation, enhances the likelihood of project success, and ensures that IT projects deliver value to the organization.

The steering committee typically includes senior management and stakeholders who can provide input on the organization’s strategic direction. They are responsible for evaluating potential IT investments and assessing their alignment with the overall objectives of the business. This governance structure facilitates informed decision-making, enables effective communication among stakeholders, and supports the organization's vision by directing IT resources toward initiatives that will drive the most value.

While the other options may reflect important aspects of IT management, they do not capture the primary purpose of a steering committee as effectively as ensuring investment alignment with business requirements. Conducting feasibility studies, enforcing security controls, and implementing standard methodologies are all significant aspects of IT governance and management, but they represent secondary goals that can be supported by having the right strategic oversight in place.

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