IT Governance

Fundamentally, IT governance provides the framework for organizations to make decisions regarding IT priorities, expenditures and resource allocations.

Governance is the essential first step for effectively managing IT processes and assets across functions within an organization, combining strong business processes with clearly defined chains of authority, responsibility and communication, as well as monitoring and control systems to support these chains.

Good governance practices produce two distinct benefits:  
1. Ensures all resources are strategically aligned with overall business strategy;
2. Enables effective risk management for the organization's operations and investments.

Good governance is value focused. It helps an enterprise realize its goals and reap business benefits. It also helps to mitigate risk and improve team effectiveness by enabling effective measurement and control and promoting good communication.