Representing IT Performance Management as Metamodel

Authors

  • Ana Pajić Department of Information Systems Faculty of Organizational Sciences, University of Belgrade
  • Ognjen Pantelić Department of Information Systems Faculty of Organizational Sciences, University of Belgrade Jove Ilica 154, 11000 Belgrade, Serbia
  • Bogdana Stanojević Mathematical Institute of the Serbian Academy of Sciences and Arts Kneza Mihaila 36, 11000 Belgrade, Serbia

Keywords:

IT governance, ontology, metamodels, IT investment, IT performance management

Abstract

Many empirical studies have shown that the business value from investment in IT projects can be greater than the one being currently achieved. Thus it calls for specific focus on IT governance in order to reach fusion between business and IT goals. Good IT performance management should enable the business and IT executives to understand how IT is contributing to the achievement of business goals. The paper addresses the issue of representing IT governance best practice frameworks as ontological metamodels. Special attention is dedicated to VAL IT framework, which represents a comprehensive framework to maximize business value from IT investments. The paper points out the necessity of analyzing, comparing and integrating IT governance frameworks in order to complement different knowledge and generate ontological metamodel of IT performance management. Scope of
our work is in the static aspect of the framework and as the metalanguage Extended Entity/Relationship model is used.

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Published

2014-12-01

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