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IT cost effectiveness analysis (Val IT)

IT cost effectiveness analysis aims to enhance an entity’s effeciency in investing in information technology.
At FBK, we conduct audits using the Val IT framework, which helps identify critical bottlenecks in IT governance, develop recommendations for modernising IT structures, and implement best-practice management principles. This results in:

  • balanced IT costs with an optimal level of IT risks;
  • alignment of IT operational and service models with business needs;
  • increased value and returns from IT investments.
The IT cost effectiveness analysis (Val IT) includes the following stages:
  • Collecting necessary data for the analysis.
  • Analysis of IT organisational structure (employee number, key skills, IT services, etc.).
  • Review of IT governance practices and procedures, including compliance with international standards like COBIT and ITIL.
  • Evaluation of existing KPIs, service-level agreements (SLAs), and operational-level agreements (OLAs).
  • Audit of the IT project portfolio for justification, documentation quality, and implementation completeness.
  • Stocktaking of IT services and systems, assessing their effectiveness against business objectives.
  • Report issuance.
Upon completion of the analysis, the client receives:
  • Report detailing identified deficiencies and improvement recommendations.
  • IT department development roadmap.
  • Identification of IT department weaknesses and bottlenecks.
  • Better efficiency and value of the IT department.
Our advantages
Expert Team
FBK consultants hold international certifications (CISA, CISM, and CISSP), validating their expertise in information security, risk management, and project governance.
Long-term Collaboration
FBK’s purpose is to establish long-term partnerships, enabling service delivery tailored to your business nuances.
Expertise
FBK team has accumulated significant experience in almost all sectors and industries and is well-versed in trends and challenges within specific industries.
Key Persons
Managing Partner, Financial Services Industry
Karpushkin Alexey Mikhailovich
Head of IT Audit and Advisory Practice
Expert RA
Kommersant
TOP 1000 Russian managers
Pravo.RU
Rossiyskaya Gazeta
Forbes