What is the basis for Val IT?
Val IT is based on Control Objectives for Information and related Technology (COBIT), from ITGI. COBIT provides a comprehensive framework for the management and delivery of high-quality information technology-based (IT-based) services. It sets best practices for the means of contributing to the process of value creation. Val IT adds best practices for the ends of contributing to the process of value creation, thereby unambiguously measuring, monitoring and maximizing the realization of business value from investment in IT. Val IT complements COBIT from a business and financial perspective and will help all those with an interest in value delivery from IT. Specifically, Val IT focuses on IT-related investment decision processes (are we doing the right things?) and the realization of benefits from them (are we getting the benefits?). COBIT focuses more on the IT execution processes (are we doing them the right way? and are we getting them done well?). Based on the “Four Ares”as described
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