A CEO is concerned that IT costs have significantly exceeded budget without resulting benefits. The root causes are an overlap of IT projects and a lack of alignment with business demands. Which of…

Requiring IT business cases to be approved by the board of directors, while increasing oversight, is a more centralized and potentially bureaucratic solution that may not provide the continuous, structured management needed to prevent overlap and ensure alignment.

Assigning KRIs to each new IT project helps monitor specific risks but does not inherently prevent project overlap or ensure overall strategic alignment across the entire IT landscape.

Conducting a performance assessment of IT projects is a reactive measurement activity that identifies issues after they occur, rather than providing a proactive framework to prevent them.

Implementing an IT portfolio management policy directly addresses the issues of overlapping projects and misalignment by providing a structured framework for evaluating, prioritizing, and managing all IT investments, ensuring they contribute to strategic business goals and optimize resource allocation.