While monitoring an enterprise's IT projects portfolio, it is discovered that a project is 75% complete, but all budgeted resources have been expended. Which of the following is the MOST important…

Reviewing IT investments is too broad and doesn't directly address the immediate financial and strategic viability issue of a specific project.

Re-evaluating the business case is crucial because it assesses whether the project's original justification, anticipated benefits, and strategic alignment are still valid given the significant budget overrun. This helps inform critical decisions on whether to continue, reprioritize, or terminate the project to prevent further wasted resources on a potentially non-viable initiative.