What is the role of the IT steering committee in the context of business goals?

The role of the IT steering committee primarily revolves around aligning technology initiatives with the broader business objectives of the organization. While determining business goals is indeed a critical function of senior management and strategic planning, the IT steering committee's role is more about ensuring that the IT strategy supports those goals effectively.

In this context, the correct choice underscores the committee's responsibility to evaluate and guide how IT projects and resources align with and facilitate the achievement of business goals. This alignment ensures that IT investments are relevant and strategically sound, thereby maximizing organizational effectiveness and efficiency.

In addition, the committee also participates in project approval and prioritization, contributes to long-term IT planning, and reports project status to higher management. However, these activities are supportive roles that help implement and manage technology to achieve the predetermined business goals rather than defining those goals themselves. Thus, their focus is on governance and ensuring IT serves the needs and objectives set by leadership, rather than being the body that sets those business goals.