18 Questions
What is the main reason why business and IT strategies often fail to align?
The current IT portfolio creates implementation barriers
What is the primary challenge in measuring and demonstrating the value of IT?
Difficulty in quantifying intangible benefits of IT
What is the main goal of applying the balanced scorecard technique to IT-enabled investments?
To measure and manage the value creation of IT-enabled investments
Why is it important to involve both business and IT in the implementation of IT projects?
To ensure that IT projects align with business strategies and generate value
What is a common challenge in integrating legacy systems with new IT projects?
All of the above
What is the primary objective of IT Cost Optimization?
To reduce IT costs
What is the phenomenon referred to as the 'IT black hole'?
The increasing cost of IT without visible returns
What is the primary goal of measuring and managing IT-related value?
To provide answers to specific business questions
What is the IT BSC used for?
To measure and manage the value of IT
What is essential for measuring and managing IT-related value?
Considering both tangible and intangible costs, benefits, and risks
What should be a shared responsibility between business and IT?
Getting business value from IT
Who introduced the BSC at the enterprise level?
Kaplan and Norton
What is the primary goal of IT according to the IT VALUE Principles?
To develop and maintain competencies aligned to the organization's expertise
What is the approach to outsourcing in IT VALUE Principles?
Outsourcing is always organized in joint partnership between business and IT
What is the primary concern of business managers regarding IT investments?
The benefits of IT investments might not be as high as expected
What is the approach to developing new business projects in IT VALUE Principles?
Starting from the initial development of a new business project, the potential impact on IT needs to be analyzed
What is the focus of IT in relation to business processes?
IT is pro-actively engaged in reviewing and designing efficient business processes
What is the requirement for IT applications in IT VALUE Principles?
All IT applications comply with rules and policies as mutually agreed upon by business and IT
Learn about the 'IT black hole' phenomenon and the importance of measuring the value derived from IT investments. Understand the shared responsibility between business and IT in governance and the factors to consider in evaluating costs, benefits, and risks.
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