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