Governance of Enterprise IT (CGEIT) Certification Practice Exam

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Which of the following choices best helps optimize an enterprise's IT-enabled investment?

An IT balanced scorecard (BSC).
Enterprise architecture (EA).
Economic life cycle management.
IT portfolio management.

The correct answer is: IT portfolio management.

The best choice for optimizing an enterprise's IT-enabled investment is IT portfolio management. This approach involves the systematic management of IT investments as a portfolio, allowing organizations to evaluate, prioritize, and optimize their technology spending in alignment with their strategic goals. By assessing the performance and value of different IT initiatives and projects together, IT portfolio management helps organizations ensure that their resources are allocated effectively to maximize return on investment. This practice contributes to enhanced decision-making regarding which projects to pursue, which to defer, and which to terminate, ultimately driving better results from the collective IT investments. While the other options provide significant value within their respective frameworks—such as how an IT balanced scorecard assesses performance, enterprise architecture aligns IT strategy with business goals, and economic life cycle management focuses on the economic aspects of IT assets—they do not specifically centralize the comprehensive and strategic evaluation of all IT investments like IT portfolio management does. Thus, IT portfolio management stands out as the primary means to optimize an organization's IT-enabled investments.