If you are thinking of maximizing the business value of your IT capital allocations, attention has to be given on IT processes and their automation to avoid risks due to weak IT controls.

Organization must look at their IT Governance initiative in line with following business drivers:
i) Business planning,
ii) Application Lifecycle Management,
iii) IT operations and
iv) Outsourcing Governance


For (i) & (ii), integration of project portfolio management and application lifecycle development processes should be coordinated by template processes to encourage enterprise wide adoption.
PPM would not only help in business planning (i) but would also bring out the
value of application development (ii). With such closed loop mechanism,
organizations can demonstrate the value of project investments and learn from successful and failed capital allocations.

Keeping in mind the globally distributed nature of the business environment and outsourcing governance, global delivery model framework should be worked upon where Application LifeCycle processes can be managed via CMMI while ITIL can be implemented for (iii), specifically IT service management.


Overall this approach will help in prioritization of organization’s IT projects and programs and will give competitive advantage and efficiencies of scale.