How many times has someone come up with an idea that sounded really great at first blush, but seemed to fizzle out once put into motion? Or, how often do seemingly innocuous efforts result in big paybacks? When hundreds of thousands of dollars may be on the line, as is the case with IT, there needs to be a way to make sure good ideas continue to be good ideas as they consume more resources and staff time.
That’s why IT governance needs to be more than simply about approving or putting the kibosh on expenditures for technology projects. It needs to be a continuous process for examining and re-evaluating projects as they move through the pipeline. Further and deeper examination may find that a project isn’t worth the effort, or that it may turn out to be a blockbuster revenue generator.
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