Which of the following should be the FIRST step in planning an IT governance implementation?

Assigning decision-making responsibilities is an implementation step that comes after the objectives and scope of governance have been defined based on business drivers.

Obtaining necessary business funding is an administrative and resource allocation step that follows the initial planning and justification based on identified business drivers.

Defining key business performance indicators (KPIs) is a step in measuring the success of IT governance, which comes after the governance framework and its objectives have been established based on business drivers.

The first crucial step in planning IT governance implementation is to identify the business drivers, as these drivers (e.g., strategic goals, regulatory compliance, risk mitigation, cost reduction) define the specific needs and objectives that the IT governance framework must address and support. Understanding these drivers ensures that governance is aligned with the enterprise's overarching mission.