IT procurement

In reviewing the procurement and contract negotiation process, the IT auditor can look for the following tasks to be accomplished:

1. Does the contract accurately re. ect the organization’s requirements and have appropriate levels within the organization veri. ed them?
2. Have the requirements been translated into measurable acceptance criteria that can be monitored and verified?
3. Ensure that the RFP contains the needs and requirements.
4. A process for evaluating the contractor bids includes thorough evaluation of how they will meet requirements.

Simple comparison between Insourcing, Outsourcing, Co-sourcing, Partnership, Merger & Acquisition

The readiness assessment provides a structured mechanism for determining an organisation’s capabilities and state of readiness for delivering a new or revised application in support of the defined key business drivers. The information obtained from such an assessment can be used in determining the delivery strategy for a particular application, IT system, or IT service. The delivery strategy is the approach taken to move an organisation from a known state, based on the readiness assessment, to a desired state, determined by the business drivers. There are many ways to prepare an organisation for deploying a new application. The method and strategy selected should be based on the solution the organisation chooses for fulfilling its key business drivers, as well as the capabilities of the IT organisation and its partners. The scale of options available is quite large and not every option need be considered in every case. However, keeping all the options available for consideration is key for building and operating innovative solutions to the most difficult business challenges. In the end, this may be the difference between a failed project – or even a failed company – and a successful one.