What is the primary purpose of an IT governance framework?
The primary purpose of an IT governance framework is to ensure that IT investments align with business objectives and deliver value while managing risks effectively. It establishes policies, procedures, and structures that guide IT decision-making, promoting accountability and transparency across the organization. By implementing appropriate governance mechanisms, companies can optimize resource use, enhance compliance with regulations, and improve overall risk management. Additionally, the framework fosters communication between IT and business units, ensuring that IT strategies support organizational goals. Ultimately, a well-defined IT governance framework enhances operational efficiency and maximizes the return on IT investments.