EDM Objectives
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Video Transcription
00:00
Let's get started with the GM objectives
00:04
in this video, we're going to talk about an overview of the E D M domain on the processes in the E. D. M domain.
00:12
Evaluate, direct and monitor is the governance domain.
00:15
It falls within the umbrella of a governance objective as opposed to management.
00:20
There are five governance processes in the D M domain.
00:24
These processes are focused on value delivery, risk optimization and resource optimization.
00:33
The five governance processes that fall under the e. D m d umbrella are ensuring governance, framework and maintenance to provide a consistent approach which aligns i t decisions with enterprise strategies and objectives.
00:46
This ensures that I t processes are overseen effectively and transparently, and compliance requirements are met.
00:55
Insured benefits delivery is another objective to secure optimal value from I t services assets initiatives and that it is reliable and cost effective.
01:06
Insured risk Optimization is another governance objective to make sure risk does not exceed the enterprises. Risk appetite and risk tolerance
01:15
ensured resource optimization is another objective that relates to ensuring that resource needs are met in an optimal manner. I t costs are optimized and readiness for future change
01:29
insured stakeholder engagement is the last of the five processes in which stakeholder needs are supportive of the i t. Strategy and road map.
01:37
Communication with stakeholders is effective and timely, and reporting is established for performance.
01:44
All in all, it's focused on confirming that I t related objectives and strategies are in line with the enterprises strategy.
01:51
Okay, quick learning check.
01:53
Is this domain a governance or management domain?
01:57
If you answered governance, you are right.
02:00
In this video we talked about the ADM governance domain and the five processes of this domain.
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