An enterprise has a large backlog of IT projects. The current strategy is to execute projects as they are submitted, but executive management does not believe this method is optimal. Which of the following is the MOST important action to address this concern?

A. Establish a performance dashboard that determines business value.
B. Create a combined business/IT committee to determine project prioritization.
C. Implement a methodology to prioritize projects based on resource availability.
D. Implement stage-gating to determine the value of each project.