Diploma Thesis from the year 2008 in the subject Computer Science -
Commercial Information Technology, grade: 1,0, TU Bergakademie Freiberg,
language: English, abstract: Changing industry structures and altering
rules of competition is why most companies today face a new challenge in
creating a competitive advantage. The meaning of Information Technology
(IT) has changed from just being available to accelerating and
facilitating processes to an integral part of the company's mission and
strategy. IT governance is what defines the holistic perspective of how
to deal with and use IT, especially in large companies. The objective is
to create advantages by aligning IT and corporate strategy in order to
create value while minimizing risk and monitoring the performance of IT.
Many different frameworks and standards have emerged over the last
years, providing processes and control objectives for keeping the
company's IT in a value-adding track. However, an important issue seems
to be the huge availability of various frameworks. This mostly results
in problems concerning the right decision on frameworks to be selected.
Implementing efficient IT governance requires using only those processes
that cover the individual IT-related issues and problems of a company
best, while ignoring unnecessary ones. The use of frameworks is
associated with costs and may quickly result in an inefficient use of IT
governance. The present thesis addresses this challenge and shall help
IT decision makers to decide on an efficient framework or set of
frameworks. In order to do so, a model analyzes the fit between
discovered IT-related problems and various existing publicly available
frameworks. Different surveys and market analyses will be used for
identifying possible IT-related problems. The creation of
problem-clusters will help to determine the most efficient framework by
measuring the coverage of processes by different frameworks. As a
result, this thesis will provide an approach to avoid pr