Executive Summary (This is a document excerpt)

An IT governance framework articulates decision rights with respect to IT investments to ensure that they deliver the maximum business value at an acceptable level of risk. To do this, you must be able to measure business value and also manage and communicate value delivery. IT value delivery is part of IT governance — it answers the following questions: 1) Are we doing the right things? and 2) are we getting the benefits? Building on COBIT, the IT Governance Institute has published Val IT as a framework for the governance of IT investments. Organizations struggling to execute IT strategies that deliver business value and to communicate this value to stakeholders should evaluate Val IT as a tool for improved value delivery.

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