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A Framework Using ITIM to Guide IT Investments by State Governments

A Framework Using ITIM to Guide IT Investments by State Governments

David Van Over
Copyright: © 2010 |Volume: 1 |Issue: 3 |Pages: 23
ISSN: 1947-3095|EISSN: 1947-3109|EISBN13: 9781609608941|DOI: 10.4018/jsita.2010070105
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MLA

Van Over, David. "A Framework Using ITIM to Guide IT Investments by State Governments." IJSITA vol.1, no.3 2010: pp.57-79. http://doi.org/10.4018/jsita.2010070105

APA

Van Over, D. (2010). A Framework Using ITIM to Guide IT Investments by State Governments. International Journal of Strategic Information Technology and Applications (IJSITA), 1(3), 57-79. http://doi.org/10.4018/jsita.2010070105

Chicago

Van Over, David. "A Framework Using ITIM to Guide IT Investments by State Governments," International Journal of Strategic Information Technology and Applications (IJSITA) 1, no.3: 57-79. http://doi.org/10.4018/jsita.2010070105

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Abstract

The expenditures of funds on IT has continued to expand and a significant proportion of the expenditures are hidden, unaccounted, or never evaluated in terms of the business value derived from the expenditure. This paper focuses on the methods and means of creating a link between business requirements and the IT investments that can address those requirements. An ITIM framework is proposed, which addresses three key elements of ITIM: what decisions are to be made, who should make the decisions, and how decisions are to be made and monitored. ITIM is a management process that provides for the identification (pre-selection), selection, control, and evaluation of business driven IT investments across the investment lifecycle. ITIM uses structured processes to minimize risks and maximize return on investments. Additionally, a high-level ITIM implementation plan is discussed.

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