When Attempting to Prioritize IT Projects, the IT Governance Committee

question 54

Multiple Choice

When attempting to prioritize IT projects, the IT governance committee needs to consider:

• A)The assessment of IT systems and their match to strategic organizational objectives.
• B)The feasibility of each of the requested modifications or upgrades.
• C)Both of the above.
• D)None of the above.

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Definitions:

Gross Investment

The total amount spent on purchases of new capital and on replacing depreciated capital within an economy during a specific period.

Depreciation

The process by which the value of an asset decreases over time, often due to wear and tear or obsolescence.

Disposable Income

Income available to an individual or household after accounting for taxes and other mandatory charges, available to spend or save.

Capital Stock

Total assets held by a firm, including buildings, machinery, equipment, and patents, used to produce goods and services.