Information Technology Governance Framework-Samples for Students

Question: Does your host company have in place a formal IT Governance framework? Some clues as to its existence might be that there is a Corporate Governance or IT Governance policy document; the corporate intranet might contain references to governance. Structures may exist, at higher levels that are the decision making bodies and which control activities in the company for all levels through delegated authority. Describe your findings and compare them with those of at least 2 other classmates. Answer: 1.The answer to this question number 1 is yes as Information Technology governance framework exists within the host company. For meeting company goals it was found out that IT strategy is perfectly aligned with business strategy. The primary responsibility of an IT governance framework is making sure that the IT department of the company is working properly. When a formal framework is followed, organizations such as BMP technologies are able to produce quantifiable results for achieving goals and strategies. Every organization nowadays is focusing on data security. They are subject to regulations governing financial accountability, disaster recovery, data retention and protection of confidential information. Pressure from stakeholders, shareholders and customers also results in creating pressure. Implementation IT government structure forms an integral part of an organization. Commonly used frameworks are ITIL, COBIT, COSO, CMMI and FAIR (Lindros, 2018). CMMI or (Capability Maturity Model Integration) which is by Software Engineering Institute is used by the organization. This approach is followed to improve performance. Performance of an organization, profitability maturity level and quality is measured on a scale of one to five by the CMMI framework. CMMI involves processes in service delivery, hardware development and purchasing. Initially, it was intended for software engineering only but now it serves the purpose mentioned in the previous line. Corporate culture needs to be considered while reviewing frameworks. BMP has an efficient risk management committee with business representation and top-level sponsors. This risk management committee is tasked with ensuring smooth implementation of the framework (BMP TECH ONE PTY. LTD., 2018). This has lead to the success of BMP. References: Lindros, K. (2018).What is IT governance? A formal way to align IT business strategy. [online] CIO. Available at: https://www.cio.com/article/2438931/governance/governanceit-governance-definition-and-solutions.html [Accessed 10 Apr. 2018]. BMP TECH ONE PTY. LTD. (2018).Information Security - BMP TECH ONE PTY. LTD.. [online] Available at: https://bmptechnologies.com.au/our-services/information-security/ [Accessed 11 Apr. 2018]