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Index > Consulting Services > IT Governance & Risk Assessment   

Technology Governance

In today’s world of renewed financial accountability no serious business management team would ignore financial governance. Yet IT initiatives can pose the risk of catastrophic outcomes. Good management practice demands diligent IT Governance.

A well implemented IT governance process
will achieve the following objectives:

  • Create management processes that accurately measure risk and potential return from IT activities
  • Ensure that all IT activities align completely with business objectives
  • Hold business managers responsible for IT outcomes
  • Enable new business opportunities through judicious use of IT investments
  • Ensure that all current IT resources are used responsibly

Technology governance arises from the long standing issue of aligning IT efforts with business objectives, and providing the proper reporting and management oversight to ensure that such an alignment remains front and center. The IT governance movement shifts the focus of responsibility for maintaining that proper alignment from mid level IT management, where it has historically resided, to executive business management, specifically the CxO and board of directors (BOD).

IT governance is just as integral a part of overall corporate governance as audit or public financial reporting. As with other forms of governance, the BOD has a responsibility to shareholders and other stakeholders to ensure that IT investment dollars are being spent wisely, and that the financial returns from those investments is commensurate not only with the risk involved in the investment, but also with other alternative uses for those investment funds.

IT governance works best in an environment that provides an effective business intelligence system for timely, meaningful reporting to all levels of the organization, a solid portfolio management system for understanding the full range of IT programs underway in an enterprise as well as a complete inventory of current IT assets (including hardware, software, and information), and a powerful Project Management Office (PMO) for managing these efforts.

Major Scale Governance Services

Major Scale is perfectly positioned to help your organization realize all three components of an effective IT governance structure:

  • Business Intelligence
  • Portfolio Management
  • PMO set up and tuning

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