How does the Governance perspective help organizations in terms of IT investment?

The Governance perspective aids organizations in aligning their IT investment strategies with their overall business objectives. This approach emphasizes maximizing business value while minimizing risks associated with technology use. Effective governance identifies the IT infrastructure, applications, and resources that will deliver the highest return on investment, ensuring that technology serves the strategic goals of the organization.

By focusing on governance, organizations can establish clear policies, processes, and controls that govern IT decisions. This leads to more informed investment choices that consider factors such as compliance, security, and operational efficiency. Moreover, effective governance frameworks help mitigate risks by implementing necessary oversight and accountability, ultimately leading to more reliable and sustainable IT environments that contribute positively to the organization’s success.

In contrast, while other choices might seem relevant, they do not capture the comprehensive value provided by governance. Cheaper cloud solutions may not align with the organization's core objectives, forecasting future technology needs lacks the immediate strategic focus on risk and value, and simplifying software development procedures does not inherently relate to efficient governance in IT investment.