Val IT

Val IT is a framework and supporting publications addressing the governance of IT-enabled business investments that consists of a set of guiding principles, and a number of processes conforming to those principles that are further defined as a set of key management practices.

  • Define the relationship between IT and the business and those functions in the organization with governance responsibilities;
  • Manage an organization's portfolio of IT-enabled business investments; and
  • Maximize the quality of business cases for IT-enabled business investments with particular emphasis on the definition of key financial indicators, the quantification of "soft" benefits and the comprehensive appraisal of the downside risk
  • Val IT addresses assumptions, costs, risks and outcomes related to a balanced portfolio of IT-enabled business investments. It also provides benchmarking capability and allows enterprises to exchange experiences on best practices for value management.

Source: ISACA web site

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