Deploying Enterprise Governance bilaterally connected to IT Governance enables management to focus on value creation drivers that move an entity forward and sustain proper as well as adequate controls. IT risk management is important to delivering an entity’s strategic plan. In totality, the adopted IT risk management framework can provide structures, methodologies, procedures, and definitions that an entity has chosen to utilize for deploying risk management processes. At the detail level, process models can be adopted by IT to support risk management, thus providing a powerful tool for appropriate IT service management consistent with the entity’s strategic plan. Process and service management are certainly closely related to IT governance. Yet, without adequate risk management, IT governance is in jeopardy of not meeting expected value delivery benefits.
“View Part I of the Not-for-profit Risk Management series here“