What are the principles upon which Val IT is based?
The seven Val IT principles are: • IT-enabled investments will be managed as a portfolio of investments. • IT-enabled investments will include the full scope of activities that are required to achieve business value. • IT-enabled investments will be managed through their full economic life cycle. • Value delivery practices will recognize that there are different categories of investments that will be evaluated and managed differently. • Value delivery practices will define and monitor key metrics and will respond quickly to any changes or deviations. • Value delivery practices will engage all stakeholders and assign appropriate accountability for the delivery of capabilities and the realization of business benefits. • Value delivery practices will be continually monitored, evaluated and improved.
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