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Achieving IT Governance with the Right ALM tools The productivity of an organization can be greatly increased with the successful implementation IT governance and compliance practices. Any enterprise that wants to stay in business in this present day’s global technology-centric environment needs governance and compliance as the mandated competencies. Federal laws usually govern public companies and help in establishing effective practices like reporting and operational controls such as Change management. Implementation of these procedures is regulated by a number of standards frameworks. There are a good number of procedures that have a number of standards and frameworks which help implement certain practices that include IEEE 12207 lifecycle processes, ISACA Cobit 4.1, SEI CMMI and the itSMF ITIL v 3. As most of the industry’s frameworks explain what needs to be done without elucidating as to how to go about doing it, it becomes necessary to accomplish control over the IT processes. With the right impetus given by the Sarbanes-Oxley law, enterprises can review their reporting and operational controls. Implementing improved controls and processes can provide the enterprise with the potential to enhance their productivity and value. ALM Tools to Eliminate Ambiguity To ensure improved productivity through the proper implementation of the Cobit 4.1 framework, enterprises need to take on application lifecycle management tools that helps get rid of the ambiguity and aids enterprises effortlessly to achieve the objectives of IT Governance and compliance. With the appropriate requirements management tools , these ALM tools can help enterprises characterize the precise tasks needed to execute each of the control practices that are essential to meet the control objectives. Such tools can also help develop, document, and spread a change management framework that identifies the policies and processes as well as the diverse roles and responsibilities. It also aids in classifying and prioritizing all changes based on business risk, authorizing and approving all changes by the business process owners and IT and also helps in tracking the status of changes. To establish and maintain version control over all changes, an optimized ALM tool assists in the implementation of roles and responsibilities that involve business process owners and appropriate technical IT functions. By ensuring suitable segregation of duties, these tools can assist in determine fitting record management practices and audit trails to record key steps in the change management process and can help timely closure of changes. Organized by predefined categories, these tools can help enterprises in allowing only authorized personnel to enter specific requested changes. Implementing IT Governance and compliance is all about confirming that things are done at the right time and in the right manner. This can be achieved by selecting the right ALM tools. Learn more about :- requirements traceability matrix & Integrated Application Lifecycle Management

Achieving IT Governance with the Right ALM tools