This means that the IT investments are aligned with the strategic goals and priorities of the organization, and that they deliver value and benefits to the business. Mapping IT investments to specific business objectives can help ensure that the IT investments are relevant, justified, and measurable, and that they support the organization’s mission and vision.

IT investments are implemented and monitored following a system development life cycle (SDLC) is an indication of effective IT project management, but not necessarily of effective IT investment management. The SDLC is a framework that guides the development and implementation of IT systemsand applications, but it does not address the alignment, justification, or measurement of the IT investments.

Key performance indicators (KPIs) are defined for each business requiring IT investment is an indication of effective IT performance management, but not necessarily of effective IT investment management. KPIs are metrics that measure the outcomes and results of IT activities and processes, but they do not address the alignment, justification, or value of the IT investments.

The IT investment budget is significantly below industry benchmarks is not an indication of effective IT investment management, but rather of low IT spending. The IT investment budget should be based on the organization’s needs and capabilities, and not on external comparisons. A low IT investment budget may indicate that the organization is underinvesting in IT, which could limit its potential for growth and innovation.