"Governance involves establishing chains of responsibility, authority and communication, as well as policies, standards, measurements, and control mechanisms that allow orgaizational members to carry out their roles & responsibilities. ..... IT governance is the effort to devise an overarching and integrated approach, addressing broad themes such as operating performance, strategic control, risk management, and values alignment."
Discuss enterprise governance and why it is needed. Some aspects of IT governance are regulated by laws. Discuss 2 of these regulations.