week 2.docx - Running head PROJECT TECHNOLOGY GOVERNANCE PLAN Timothy M Capretta Project Technology Governance Plan ENT\/586 University of Phoenix 1

week 2.docx - Running head PROJECT TECHNOLOGY GOVERNANCE...

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Running head: PROJECT TECHNOLOGY GOVERNANCE PLAN1Timothy M. CaprettaProject Technology Governance PlanENT/586University of Phoenix
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PROJECT TECHNOLOGY GOVERNANCE PLAN2Project Technology Governance PlanAs technology continues to advance at an unprecedented rate ,so does the need for tech-nology to be of everyday life in the business world. This never-ending advancement brings on a whole new set of concerns for business leaders today. One of the essential questions business leaders should ask; how can I use technology to stay competitive in today’s marketplace? Most business leaders understand they must have a plan to use technology. However, it needs to be structured in a way that will allow there IT departments to perform to its highest capabilities. Therefore, it must govern in a way that the IT department can build their strategic plan to facili-tate the organizations strategic business plan. In this paper, we will take the role of an entrepre-neur currently in the process of researching a business development idea. We will discuss the de-scription of the governance framework the organization will use to manage the use of IT. We will develop a summary of the ethical considerations in the IT governance process and finally create an overview of how IT Governance will influence strategic planning. It will be an excit-ing journey into the development of a technology governance plan.Governance FrameworkThe purpose of technology governance is to ensure that there is a balance between tech-nology investments and the strategic business objectives. The governance intends to understand the strategic importance of IT enabling the organization to sustain its operations. It is vital that governance assures the needs of IT are met, and IT risk is mitigated.
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