Re-prioritised Industry IT standards
The IT standards are prioritized based on Effort (ease of implementation of a standard is a function of the efforts required to implement, the implementation costs as well as the duration and risks of implementation) and Benefits (the impact of implementation on the business and on the end user, the benefits derivable as well as the time it takes to begin deriving value from the implementation of the standard).
Figure 1 - IT Standards Prioritization
The IT standards areas prioritisation are as follows:
Priority 1 Standards:
- IT Governance
- Strategic IT Alignment
- Service Management
- Interfaces
- IT Security
- Project Management
- Application Reporting
- Business Continuity Management
- Health, Safety and Environment
- Enterprise Architecture
- Application Development
- Workforce and Resource Management
- Data Centre
The Standards shall be implemented using a continuum approach such that initial implementations would target the agreed maturity level 3. Subsequently improved to include higher maturity levels if desired by the institution.