Project Management

IT Governance: Pick Your Standard

Michael R. Wood is a Business Process Improvement & IT Strategist Independent Consultant. He is creator of the business process-improvement methodology called HELIX and founder of The Natural Intelligence Group, a strategy, process improvement and technology consulting company. He is also a CPA, has served as an Adjunct Professor in Pepperdine's Management MBA program, an Associate Professor at California Lutheran University, and on the boards of numerous professional organizations. Mr. Wood is a sought after presenter of HELIX workshops and seminars in both the U.S. and Europe.

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With the arrival of Sarbanes-Oxley (SOX) on the scene, the world of corporate governance has taken the spotlight in many organizations.  SOX reaches from the boardroom to the computer room.  For IT it means the implementation of SOX compliant standards.  For some companies this represents monumental changes in the way IT operates.

This article provides an introduction to the various established and emerging IT standards as well as some sources for learning more.

IT governance impacts all areas of IT.  The primary objective of IT governance is the safeguarding of the organization’s information assets.  Unfortunately no single standard addresses all of the functional components of IT.  Below is a table of functional IT areas and the standards that can be used to help comply with IT governance requirements.

IT Functional Area

Applicable Standards

Safeguarding Information Assets

·         Application Management & Support

·         Change Management (ITIL, CoBiT)

·         Application Security (CoBiT, ITIL)

·         Application Development (CMM, CoBiT)

·        


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