But it's virtually silent on how the industry can improve the governance of their own IT systems. The five major efforts laid out by the strategy are: to create a cyberspace security response system, to establish a threat and vulnerability...
As if we don't have enough acronyms in the IT industry, another has emerged from the US called the CGO - the chief governance officer. While governance must not be ignored, the CIOs' main focus must remain on safeguarding the information and...
A post project evaluation review identified poor financial governance, weak benefits management, poor communications, poor risk management and weaknesses in the scrutiny and approvals process. The NAO report said: "The change initiatives affecting...
And, again, the same is true for any compliance or corporate governance issue, whether in banking or elsewhere. Outsourcing in the financial services sector continues to blunt substantial elements of IT spending.
She said organisations should be wary of hype from vendors around products that claim to solve their compliance headaches. Analyst Datamonitor predicts Western European banks will spend €1.7bn just on Basel II projects this year, while Barclays...
But, says Danny Bradbury, developing a mature team for this purpose is no mean feat. Not all PMOs are mature enough to handle functions such as change management effectively. Coletta envisages an enterprise PMO (E-PMO) that manages all programmes...