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Overview

According to analysts, almost 20% of IT projects fail outright and over 45% of IT projects are either over time, over budget, or lacking key features and requirements. As an industry there is clear concensus that IT projects are better scoped, better managed, and more aligned with the enterprise than ever before. But with well over half of all IT projects not meeting their original goals, the opportunity for improvement is still very real -- and critical to the success of your business.

But, how do you get started? Questions to ask yourself include:

  • How do you know that IT is aligned with and supports enterprise objectives?
  • Does the enterprise know and understand the services delivered and supported by IT?
  • How are new proposals from the enterprise approved and prioritized -- demand versus supply?
  • Do you really know the full depth and breadth of your application portfolio?

Boards and executive management need to extend governance, already exercised over the enterprise, to IT by way of an effective IT governance framework that addresses strategic alignment, performance measurement, risk management, value delivery and resource management.

ISM has over 17 years experience helping organizations improve the business value of their IT organizations. The ISM Framework for IT SuccessSM (a.k.a. "Fritz") represents a best practice combination of numerous industry-recognized frameworks, processes, and architectures, including ITIL, COBIT, CMMI, and PMBOK. Our extensive real world experience has allowed us to simplify, combine, and streamline these various tool sets into a single, practical framework focused on creating a successful IT business within the business.

The overall objectives of IT Governance activities are to understand the issues and the strategic importance of IT, to ensure that the enterprise can sustain its operations and to ascertain that it can implement the strategies required to extend its activities into the future. ISM's IT Governance services and solutions are designed to ensure that expectations for IT are met, performance is measured, resources are managed, and risks are mitigated.

 

Click here to go to the Governance services and solutions page.

 

“Effective governance
is a source of sustainable competitive advantage”

Peter Weill & Richard Woodham, Sloan School of Management, MIT

ISM

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