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The project steering group or board plays a crucial role in ensuring that a project aligns with the strategic objectives of the organization. One of their key responsibilities is to provide strategic direction and guidance to the project sponsor. This involves overseeing the project’s alignment with broader business goals, ensuring that resources are allocated effectively, and making high-level decisions that support the project’s success.

By providing strategic direction, the steering group helps set the vision and priorities for the project, facilitating informed decision-making and fostering connections between the project objectives and the organization's goals. This support is essential for steering the project through challenges and ensuring that it delivers value upon completion.

In contrast, the other options focus on more tactical or operational aspects, which do not align with the primary strategic responsibilities of the board. Identifying problems or managing daily activities are typically the roles of project managers or team members, while daily reporting is a function of project communication that doesn't fall under the committee's broader strategic oversight.