Question

Telecommunication Governance 1:

Give at least 4 real life examples in detail of implementing IT Governance in a modern enterprise.

Answer 1

IT governance is a structural framework to provide organizational structure for obtaining business objectives by Information Technology support.It varies between different organizations with various factors like industry related structures, internal politics of organizations and other business related activities. Information Technology consists of various hardware components, software , data storage and telecommunications.

  

Many real life examples are using this concept to provides various kind of business practices. For example Audit, Compliance, Capability management, Financial governance, Information governance, IT practices, Knowledge management etc.
Some of the areas are explained in detail:

Knowledge Management

The representation of any subject matter leads to knowledge representation in any form of visual building blocks like diagrams, flow charts etc. Its about building meaningful information structures for storing any information about facts like how the design the structure of information or what kind of information needed to be stored.In business practices establishment of knowledge management practices leads to applications and project managers to make documentation related to architecture of flowing information.

Supplier Management

It mainly deals with vendor related practices. Mainly, this section works on the concept of "On-need" services. "On-need" services means at the time of requirement.Very suitable to handle significant project delivery issues.IT governance solves the problem related to ownership and responsibilities means the measuring of group performance and skill management means to verify the contracts between the organizations and the suppliers.

Information Technology Risk Management

The major work of this area is to handle the various risks in business using technology capabilities.In business what kind of files are needed to be stored, what documents and software are needed to be shared can be solved by this strategic process. Five components of this process are:

1. Identify the risk

2.Measuring risk

3.Ranking risk

4.Mitigate risk

5.Monitor risk

The above five components are suitably handle the area.

IT Performance Management

It has been required by many IT companies to set strategies and plan to turn up into a discrete results. It related to various operations like data collection, analysis and building a model .Performance management focuses on right decisions with accuracy and proved by the results of activities.The major principles of this area is to provide services related to customer orientation and business process management.

Besides these four there are various other enterprises are there where IT governance can be implemented.