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IT Governance

IT best practices need to be aligned to business requirements and integrated with one another and with internal procedures. IT best practices have become significant due to a number of factors:

  • Business managers and boards demanding better returns on investments, i.e. IT delivers what the business needs to enhance stakeholder value.

  • Increasing level of IT expenditure.

  • Meet regulatory requirements for IT controls in areas such as privacy and financial reporting, e.g. the US Sarbanes-Oxley Act.

  • Increasingly complex IT-related risks, such as network security.

  • Need for organizations to assess how they are performing against generally accepted standards and relate to their peers.