Last modified: 2010-07-15
Abstract
A common dilemma facing enterprises today regardless of size, revenue, region, industry is how to get the business value of their ICT investments. This dilemma includes both selecting which investments to make and managing investment. The Val IT framework is a comprehensive and pragmatic framework that enables the creation of business value from IT-enabled investments. The purpose of the paper is to analyze VAL IT framework and its principles. It can be used as help to enterprises in the achieving of ICT benefits using set of VAL IT principles through its three domains (Value Governance, Portfolio management and Investments management). As a result of applying these principles, IT investments will be managed as a portfolio of investments including the full scope of activities for the business value achieving, and be managed through their full economic life cycle.