Which of the following is a responsibility of an IT strategy committee?

The primary function of an IT strategy committee is to provide strategic-level guidance and ensure that IT strategy is aligned with the overall enterprise strategy. This committee typically consists of board members and senior executives. Its key responsibility is to advise the board of directors on IT-related strategic matters, including the development of IT goals, principles, and policies that will enable the achievement of business objectives. This advisory role ensures that IT is considered a strategic enabler from the highest level of the organization.

A. Providing oversight on enterprise strategy implementation is the responsibility of the board of directors and executive management, not a subcommittee focused specifically on IT.
B. The board of directors is responsible for approving the overall business strategy. The IT strategy committee focuses on the IT components that support that approved strategy.
D. Tracking projects in the IT investment portfolio is a more tactical, management-level function, typically handled by an IT steering committee or a program/project management office (PMO).

1. ISACA, CGEIT Review Manual, 8th Edition (2020): Domain 1: Governance of Enterprise IT, Section 1.5.2, Organizational Structures, Roles and Responsibilities. This section describes the IT strategy committee's role as providing advice and direction to the board on IT strategy, ensuring alignment with enterprise goals. It distinguishes this strategic function from the more tactical oversight of an IT steering committee.

2. ISACA, COBIT 2019 Framework: Governance and Management Objectives (2018): Governance Objective EDM01 (Ensured Governance Framework Setting and Maintenance) and Management Objective APO02 (Managed Strategy). These objectives detail the organizational structures required for effective governance. The framework outlines the need for a structure, such as an IT strategy committee, to advise the governing body (the board) on IT-related strategy to ensure value creation. (See EDM01.02, "Direct the establishment of organizational structures," and related RACI charts).

3. De Haes, S., & Van Grembergen, W. (2015). Enterprise Governance of Information Technology: Achieving Alignment and Value, Featuring COBIT 5. Springer International Publishing. Chapter 3, "Implementing IT Governance Structures, Processes, and Relational Mechanisms," discusses the roles of different committees. It specifies that the IT Strategy Committee operates at the board level to assist the board in its IT-related responsibilities, primarily by providing strategic advice. (DOI: 10.1007/978-3-319-14547-1).