Day 11: IT Governance

Question 1

goals of IT governance (2)

Answer 1

• that IT Strategy and corporate strategy are integrated and aligned
  
  • IT is controlled in a way that maximizes the value for the organization and minimizes costs and risks

Question 2

5 major decision domains

Answer 2

1. IT principles
2. IT prioritization and investment
3. IT Architecture
4. IT Infrastructure
5. Business Application Decisions

Question 3

5 Main Focus areas

Answer 3

• Risk Management
• Strategic alignment
• Resource Management
• Performance Management
• Value delivery

Question 4

vendor management

Answer 4

• IT governance related to vendor management are centered around:
  
  • identifying and selecting a vendor
  • contracting the services
  • monitoring vendor performance
  • contract termination or renegotiation

Question 5

challenges for organizations

Answer 5

• increasing competition on the market
• increasing customer requirements
• permanent cost pressure

Question 6

The four key elements to an integrated organization and governance model

Answer 6

• Defining the task split for IT functions
• Deriving the organizational structure
• Integrating governance structures
• Allocating Roles and Responsibilities

Question 7

4 step approach

Answer 7

1. understand and evaluate the As-Is
2. Derive organizational design principles
3. Evaluate options and develop basic organizational structure
4. Complete the governance model

Question 8

IT Governance

Answer 8

• defines decision bodies
• describes communication and cooperation principles
• specifies the decision rights and the accountability framework