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Abstract
The meaning of Information Technology (IT) has changed from just being available to accelerating and facilitating processes to an integral part of the enterprise mission and strategy. Therefore, IT governance is one of these concepts that suddenly emerged and became an important issue in the information technology area. Benchmarking the standard frameworks in market place is one of important approaches for selecting appropriate standard frameworks used in IT governance in order to achieve the organization goal. This study proposes a benchmarking of the different standard frameworks used for IT governance in order to detect complementarities and intersection in order to facilitate the implementation.
Keywords: IT Governance, IT Strategy, COBIT, ITIL, CMMI, PMBOK, TOGAF, Framework, Process.
1. Introduction
IT utilization and a business goal of an organization is a foundation of efficient and effective IT governance. A company board and executives need to pay intention to IT as an important tool for business performance. Most enterprises attempt to organize high quality of information and IT readiness in order to support decision makings in business areas. IT investment is a track for generating business value. Setting up IT investment as a strategic goal of enterprises lead to gain more business benefits and achieve operational excellence. It is reasonable to point out that maintaining IT related risk at an acceptable level, optimizing cost of IT services and technology, complying with laws, regulations, contractual agreements and policy are good performances for handling IT governance.
Most enterprises need standard tools to assist their executives to perform good IT governance including the IT best practice management. A number of IT governance frameworks, such as ITIL, COBIT, CMMI, PMBOK, TOGAF, ISO/IEC involved IT, etc, are developed to provide guidance and tools for better IT governance. The enterprises intricately choose the appropriate frameworks because they have to spend long time for studying all standards in market places. A benchmark of each standard is an important key approach for making decision on selecting the standard tools for IT governance.
2. Definition
Governance is the framework, principles, structure, processes and practices to set direction and monitor compliance and performance aligned with the overall purpose and objectives of an enterprise [1].
IT Governance is an approach that enterprises arrange IT strategies within their business...