The IT function received only 50% of the requested funding to support the IT strategy for new business initiatives. Which of the following is the CIO`s MOST important course of action before considering alternative resource options? 

Answer options:

A. Prioritize the portfolio.
B. Terminate less visible maintenance projects.
C. Develop a new balanced scorecard.
D. Conduct a cost-benefit analysis.

A

Reference: https://hbr.org/1980/07/strategic-management-for-competitive-advantage