Abstract
This chapter presents the state of the art in research on the practice of information technology (IT) governance. The authors have chosen to present this state of the art by means of a frame of reference inspired by the four “worlds” framework that was initially introduced to characterize IT engineering problems. This framework, complemented by facets, provides a structure for characterizing governance approaches that facilitate their comparison. Each facet corresponds to an essential characteristic of IS governance. A facet is associated with a set of values that allow a finer comparison of approaches with each other. This chapter will provide a comprehensive understanding of the current state of IT governance standards and best practices.
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