We will cover a few different IT Governance frameworks on this blog. All of them deliver on the benefits mentioned below in some capacity, but it is your decision to choose the right framework for your organization, keeping in mind that a framework is only a tool and not a panacea for flawless execution. Flawless execution always boils down to strategy, people, process and technology.
Saves Time (and Money): All organizations have to deal with internal or external cost rates for projects. These rates multiplied by the people and the hours they spend show up on the organization’s financial statements. IT Governance projects are no exception. IT Governance Frameworks help alleviate some of the pressure around identifying where to start, where to go and what the journey should look like.
Reliability (and Robustness): The elements of well-known frameworks have been tested for their stand-alone value as well as their ability to work with other components of the framework. This helps mitigate risk of implementation in your organization.
Consistency (and Modularization): Resources that have implemented elements of these frameworks at other organizations can leverage that knowledge and customize the implementation of relevant process modules for the unique circumstances of your organization.