IT Governance helps the organization maintain transparency. In today's world, IT plays a leading role that helps increase governance practices. IT governance will have a leadership structure that will help the organization operate in a rushed manner. As this is part of corporate governance, and with corporate governance, we need to know the objectives of the organization. By adapting, we will have a great understanding of risk management, monitoring, execution of plans, organizational objectives, clear communication, cost redundancy, IT failures and labor team. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”? Get the original essay Why IT governance is important? In information technology governance, it concerns maintaining the structure of the organization and monitoring of activities carried out by the organization. In most businesses, the major problem will be business strategies. This leads to not delivering the project in a rushed manner. Most businesses will face this problem due to a lack of understanding of the requirements and possibly additional financing required, which will give a bad impression to customers. By doing so, it will eventually impact the growth of the business. In recent years, all major companies have shown interest in governance plan due to the below factors: Needs Analysis – This is the most important phase. Most of the company's repetition will be lost due to a poor understanding of the requirements. As SAs and SMEs, they need to know what and why a team must develop. After understanding all the requirements, all that remains is to start development. Otherwise, it will affect the budget allocation to the project and simultaneously the relationship with the client. By analyzing this, it will help not to change the business requirements in the middle of the project. Technology Risks – Before starting a project, a team should know what are all the technologies that can be used in the project? In today's world, where technology is changing rapidly, we need to know which technologies should be used. Additionally, the implementation of these new technologies will affect all customers in real time. Analyzing this will help revisit technologies mid-project. IT Initiatives – IT initiatives will also play a crucial role during the development of any project. The major initiative in any organization will be technology and cost management. When it comes to technology initiative, in most companies, they will place a lot of emphasis on the technology rather than the results of the technology. We need to understand why and what business objective will be achieved using the new technology. Additionally, when it comes to cost management, the organization needs to know how much it needs to invest to help it generate profits. Top four initiatives every organization should follow: Automation Process – By doing this. This will help the organization to function efficiently. Human power will be reduced and will help the organization to reduce costs, which will simultaneously lead to profits for the organization. Work life integration – Every organization must have a good environment for every employee to work effectively. In addition, we must provide flexible hours to.