Continuous ImprovementProject Management Office

IT Governance: Be Aware of It Components and Failures

We all know how IT governance enables organizations to align their IT strategies to business goals. There also should be a framework based on which they would work. IT managers, chief information officers, and project leaders should monitor progress, discover anomalies, report status, and resolve issues. However, despite the senior management involvement, projects derail. So, is visibility enough for effective IT governance? In this article at Architecture & Governance magazine, Lasitha Gunawardena and Latha Ramesh discuss IT governance’s essential components and failure reasons.

The Importance of IT Governance

While you know that IT Governance is essential for your organizations, have you considered the reason? It helps us attain our expected goals and aids in value optimization of IT initiatives. You and customers can then make decisions together to increase cost efficiency. Since portfolio managers set up processes, IT managers must follow them rigorously. Let’s find out what essential IT governance components organizations adhere to:

  • By adhering to the rules established by IT portfolio teams, it is easier for IT leaders to respond to issues and shortcomings that come their way.
  • Since the expectations are set beforehand, managers can make unbiased decisions.
  • You assign and schedule resources within the allotted time without worrying about support withdrawal.
  • Every project has inherent issues, and it is the job of your IT governance team to prepare well ahead of time.
  • Since the rules and roadmap are already laid, the IT teams can adhere to those.
  • With roles and responsibilities mapped to all stakeholders, you can expect them to take ownership and be available to fulfill the duties.

Why Does It Not Work Sometimes?

IT governance is an ongoing work, and you have to upgrade it to include new changes and market assumptions continually. So, to increase visibility for effective IT governance, what are the things you must avoid first? Federal agencies have always reduced IT budgets, which is a constant concern for the government’s IT teams. Here are the reasons why IT governance fails besides fund cuts:

  • Undefined roles and responsibilities
  • No team to monitor budget scope
  • No specific meeting timeline
  • Clashes between compliance and IT roadmap
  • No committee for oversight
  • Procedures with no review or compensatory roles
  • Data inadequacy
  • Poor distribution of responsibilities
  • Delay in taking decisions
  • Lack of stakeholder support

To view the original article in full, visit the following link: https://www.architectureandgovernance.com/it-governance/understanding-governance-often-fails/

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