For many educational institutions, information and the technology that supports it represent their most valuable, but often least understood assets. Successful educational institutions recognise the benefits of information technology and use it to drive community value and effectiveness. These educational institutions also understand and manage the associated risks, such as increasing regulatory compliance and critical dependence of many processes on IT. The need for assurance about the value of IT, the management of IT-related risks and increased requirements for control over information are now understood as key elements of educational governance. Value, risk and control constitute the core of IT governance. Educational institution users must understand the effect they have on each other. Their respective demands and expectations must be defined and agreed on. The most effective way of managing this is through the service level management process.
Service level management is a defined process that enables IT to deliver exactly what is expected of it and to ensure that these services are recognized as beneficial to the educational institution. IT can facilitate effective cost management of the services, focus on the full range of services available, monitor the service components, and ensure that the service is delivered through monitoring, reporting, and developing knowledge of the services that are offered.
IT governance integrates and institutionalises good practices to ensure that the IT supports the educational institution objectives. IT governance thus enables the educational institution to take full advantage of its information, thereby maximising benefits and capitalising on opportunities. These outcomes require a framework for control over IT and good best practices.
IT Outsourcing involves the transfer of the management and/or day-to-day execution of IT activities to ScadCo. The educational institution and ScadCo enter into a contractual agreement that defines the services to be provided. The client agrees to procure the services from the supplier for the term of the contract.