Business Strategy and Information Technology Alignment Model of Governance, Risk Management and Compliance in Project Portfolio Control
Business Strategy and Information Technology Alignment Model of Governance, Risk Management and Compliance in Project Portfolio Control

Summary/Abstract: This research study seeks to address a lack of quantitative research on the effectiveness or performance of information technology governance in existing literature and advances IT governance theory by offering empirical validation of its critical role in fostering operational efficiency and competitive edge. The investigation examines how successful IT governance influences portfolio control, risk mitigation, and alignment strategy between business and information technology. Analysis of survey responses from 282 organizations in Palestine was done. Bridging a gap in quantitative studies, the research combines Structural Equation Modeling (SEM) and Artificial Neural Networks (ANN) to assess two governance dimensions: perceived importance and implementation success. The data reveals statistically significant links between governance efficacy and enhanced organizational decision-making, underscoring the value of formalized governance frameworks. ANN results further identify governance importance as the strongest predictor of IT outcomes. These insights propose that businesses can unlock greater strategic value from IT investments by refining governance models.

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