Business Intelligence

Business Intelligence

Business Intelligence
Robert Morris College: Graduate School of Management

Implementing business intelligence governance is a difficult, but necessary, task. BI governance has become a critical concept after the post “IT bubble” days. IT faces the ongoing challenge of constant budget cuts disproportionate to the decrease in demand for work and projects to be completed. Many projects are on the planner but some of them may never be completed due to financial restrictions that decrease the amount of people being paid to work toward IT goals set by an organization. Companies were looking for a way to prioritize their IT projects so that the most crucial ones necessary to run an efficient business are completed.
The process of IT governance was now crucial to the operation, not just a luxury exercised by some companies. IT governance committees were formed from all areas of an organization to ensure that all parts of the business were considered when important decisions needed to be made. This was difficult at first, but once the implementation process was completed, companies soon discovered that this idea was a wonderful asset to have in place. This concept enabled companies to have the tools necessary to decide which projects to fund and how much money to proportion to each IT project.
This governance was driven directly by the strategic objectives of the companies, which made it instantly successful on most occasions. This governance was very successful with individual IT projects, but lacked to means necessary to instill a solid platform for entire programs, such as Business Intelligence. Companies decided they would use a less severe scope and focus solely on BI programs, not individual projects. BI can simply be known as a way to rationalize resources.
BI governance is a machine that prioritizes projects that need to be approved. Some are approved but some are rejected and filed based on certain criteria that determine the priority of the project for...