Which of the following functions is typically performed by an IT steering committee?

An IT steering committee plays a crucial role in the strategic direction of an organization's IT initiatives. Its primary function often includes approving and monitoring the status of IT plans and budgets. This involvement ensures that IT resources are aligned with the organization's overall strategy and objectives. By taking on this responsibility, the committee can assess the effectiveness of IT investments, prioritize projects that provide the greatest value, and oversee the allocation of resources to support these initiatives.

The emphasis on monitoring and approving IT plans and budgets means that the committee is also responsible for ensuring that IT operations adhere to the established financial parameters and strategic objectives. This oversight allows for timely adjustments and ensures that the IT department is on track with its goals, making it a critical function within the organization.