Many organizations do a poor job of measuring the business value of their IT investments. Simple financial metrics are not good enough. But there are a number of consistent, repeatable, and credible measurement methodologies that hold both business users and IT departments accountable. Compare four methodologies, and learn how adding one of them to your overall governance framework can improve your IT investment returns.
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active IT steering committee. Business and IT executives interface through a steering committee comprised of senior managers from all constituent organizations.These executives meet regularly, do not send delegates in their place, discuss the important issues around IT investments, and make tough decisions. Implement portfolio management. The steering committee uses an established portfolio management process to evaluate, approve, fund, prioritize, and monitor IT investments. Use a standard IT value