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The Val It Framework 2.0 has been enhanced and restructured, bringing it in alignment with COBiT 4.1. The changes are as follows:
Framework
VG processes restructured and extended to include a broader range of IT operational portfolios, including IT services, assets, and other resources that might be added to as a result of investments managed by Val IT, but which would be managed by COBiT, with performance being reported back to Val IT.
PM processes include key management practices specifically related to the investment portfolio.
IM processes include more explicit links to COBiT related to populating and monitoring the performance of IT operational portfolios.
Maturity models—both high-level models and detailed, attribute-level models—have been provided for each of the three Val IT domains.
Key Management Practices
A number of new key management practices, related to:
- Enterprises better defining value
- More emphasis on the opportunity for IT to influence business strategy
- Defining, populating and monitoring a broader range of portfolios
- More explicit alignment with enterprise financial planning practices
- More explicit linkage to business targets, forecasts and budgets
- More focus on business human resources
- Distinguishing between solution delivery, service delivery and benefits realisation performance
Management Guidelines
Similar to the COBiT management guidelines, including:
- Inputs and outputs
- Activities and associated roles and responsibilities
- Goals and metrics
Accountabilities and Responsibilities by Role
Consolidation of RACI designations in the management guidelines by roles, identifying for each role tasks for which they are accountable (A), accountable and responsible (A/R), or responsible (R).
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