Strategic IT Governance and Planning

Introduction:

In today's world, the relationship between technology and business is pivotal. Organizations must enhance internal efficiency and effectiveness by equipping themselves with appropriate tools and implementing a robust IT governance strategy. This IT Governance Strategy and Planning course equips professionals with the knowledge and skills to optimize IT resources, implement governance strategies, and manage corporate IT risks in alignment with business objectives.

Objectives:

By the end of this IT Governance Strategy and Planning course, participants will be able to:

• Understand the various constructs that define the Governance Framework.
• Acquire in-depth knowledge of Technology Governance.
• Cultivate capabilities in Information Governance.
• Develop skills in IT Resource Planning.
• Gain knowledge of IT Resource Optimization.
• Oversee IT Performance and its Oversight.
• Devise a framework for the Management of IT-Enabled Investments.
• Gain strategic insight into Risk Management.
• Apply effective risk management techniques.

Training Methodology:

• Facilitated lectures
• Case studies
• Workshops
• Group discussions
• Simulations
• Scenario analysis
• Interactive exercises
• Self-directed learning
• Role-playing

Course Outline:

Unit 1: Governance of Enterprise IT:

• Examination of Components of the Governance Framework
• Governance in Organizational Structures, Roles, and Relationships
• Contribution of Strategy Development in IT Governance
• Cross-border Legal Requirements
• Encouraging Governance within Organizational Culture
• Aligning Governance Strategy with Enterprise Goals
• Techniques for Successful Strategic Planning
• Strategies for Stakeholder Analysis and Engagement
• Communication and Awareness Strategy Rationale
• Impact of Enterprise Architecture
• Management of Policies and Standards
• Defining Information Governance and Information Architecture
• Life Cycles of Information Assets
• Information Asset Ownership and Stewardship Responsibilities
• Control and Principles of Information Classification and Handling

Unit 2: IT Resources:

• Developing Sourcing Strategies for IT Governance
• Planning Resource Capacity in Relation to Organizational Needs
• Strategizing on Resource Procurement
• Managing the Lifecycle of IT Resources and Assets
• Appraisal and Development of IT Competency Human Resources
• Managing Contracted Services and Relationship Management

Unit 3: Benefits Realization:

• Tools for Effective Performance Management
• Integration of Change Management in IT Governance
• Continuous Monitoring of Governance
• Reporting Tactics on Governance Effectiveness
• Statutory Provisions on Quality Assurance
• Process Development and Improvement
• Building and Realizing the IT Business Case
• Reporting and Managing IT Investments
• Knowledge of Performance Metrics in IT Governance
• Evaluation of Project Economics and Governance

Unit 4: Risk Optimization:

• Study of Risk Frameworks and Standards
• Enterprise Risk Management from an IT Governance Perspective
• Risk Appetite and Risk Tolerance
• IT-Based Provisions and Services
• Clinical and Business Risks, Exposures, and Threats
• Phased Risk Management
• Risk Assessment Methods for Technology and Business

Unit 5: Performance Measurement and Improvement:

• Impact of IT Operations Management on Performance Measurement
• Key Performance Indicators (KPIs) in IT Governance
• Important Components of IT Governance Evaluation
• Techniques for Continuous Improvement in IT Governance
• Qualitative Assessment of IT Governance
• Benchmarking IT Governance Performance
• Use of Feedback in IT Governance Processes
• Data Evaluation for Trends and Weaknesses
• Building an Organization for Continuous Improvement and Innovation
• Linking Strategic Performance Management to Organizational Performance
• Measurement and Reporting Mechanisms for IT Governance
• Aligning Governance Metrics with Business Goals
• Linking Data with Task Management
• Highlighting the Use of IT in Performance Management