Enhanced framework to maximize IT-related investments now available as free download
Increase business value and enable innovation ITGI also released today a companion guide that helps business and IT executives kickstart a value management initiative. Titled “Getting Started With Value Management”, the guide helps enterprises identify and implement the most relevant and critical Val IT processes. Val IT helps enterprises focus on outcomes and address the costs, risks and assumptions related to a balanced portfolio of IT-enabled business investments. Version 2.0 of Val IT has been enhanced with a range of additional features, including: 1) Value governance processes have been restructured and extended to include a broader range of portfolios, such as IT services, assets, and other resources. According to a report by Forrester, calculating value for today’s change initiatives is more difficult, yet more critical, than ever before. The report recommends that “organizations struggling to execute IT strategies that deliver business value and to communicate this value to stakeholders should evaluate Val IT as a tool for improved value delivery.” Val IT extends and complements COBIT, which provides a comprehensive tool set for the management and delivery of high-quality information technology-based services. Val IT focuses on the investment decision—whether executives are doing the right things—and the realization of benefits—whether they are getting the benefits. COBIT focuses on execution—whether executives are doing things the right way and getting them done well. |