Val It

Val IT

By:

TABLE OF CONTENTS:

1.0 | Introduction ……………………………………………………………............. | 1 |

2.0 | What is Val IT?.………………………………………………………………… | 2 |

3.0 | The Val IT framework structure…………………………………………………... | 2 |

| 3.1 How is Val IT relevant to IT governance? …………………………… | 3 |

4.0 | Val IT publications…………………………………………………………….. | 3 |

| 4.1 The components of the business case as in Val IT……………..…... | 4 |

5.0 | The principles which Val IT is based on……………………………………. | 4 |

6.0 | What is the real-life information that Val IT based on?.............................. | 5 |

7.0 | Where does a company begin to assess its Val IT position?..................... | 5 |

8.0 | The future developments of Val IT……………………………………. | 5 |

9.0 | References…………………………………………………………………….. | 6 |

1.0 Introduction:

In this essay I will explain and discuss about Val IT framework which is a new governance framework that help the organization to create value, In addition to Val IT structure and how is this framework relevant to IT governance is and what is the components of it?, also I will mention the principles which Val IT is based on and what is the real-life information that Val IT based on? And finally the future developments of Val IT.

2.0 What is Val IT?

Val IT is a new governance framework that can be used to help the organization to create a business value from IT investments. It consists of a set of guiding principles, a number of processes compliant to the principles that are defined as the most important management practices to help executive management at an enterprise level [1].

3.0 The Val IT framework structure [3]:

According to ISACA, the Val IT framework is structured according to three domains:

1- Value Governance

2- Portfolio Management

3- Investment Management

The Val IT framework is supported by publications and operational tools and provides guidance to [2]:

* Define the relationship between IT and the business...