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ISACA Certified in the Governance of Enterprise IT · Isaca
Select one answer.
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Selected Answer: А Monitoring of budger may be as a part of portfolio management
Monitoring of budger may be as a part of portfolio management
A. Implement portfolio management.
B. Require monitoring of budget utilization. The best way to address the concern that all recently completed IT projects have exceeded their budgets is to require monitoring of budget utilization. By implementing a system for monitoring budget utilization throughout the project lifecycle, the IT director can track expenses, identify potential budget overruns early, and take corrective actions as needed to keep projects on track financially. This proactive approach enables better budget management and helps prevent projects from exceeding their allocated budgets.