IT Governance helps the organization maintain transparency. In today's world, IT plays a prominent role that helps in increasing governance practices. IT governance will have a leadership structure that helps the organization function in a hasty manner. Because it is part of corporate governance, and with corporate governance we need to know the goals of the organization. By adapting, we will have a lot of understanding towards risk management, supervision, achieving plans, organizational objectives, clear communication, cost redundancy, IT failures and teamwork. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Why is IT governance important? In information technology governance, it refers to keeping the organization structurally managed and keeps track of the activities performed by the organization. In most companies, the main issue will be business strategies. This leads to the project not being delivered in a hasty manner. Most companies will face this problem due to lack of proper understanding of the requirements and possibly the need for additional financing which will give a bad impression to the customers. By doing this, it will ultimately impact the growth of the company. In recent years, all large companies have shown interest in governance plan due to the following factors: Requirements Analysis: This is the most important stage. Most of the company's repetitions will be lost due to the correct understanding of the requirements. As SA and PMI, they need to know what and why a team needs to develop, after understanding the complete requirements, you only need to start the development. Failure to do so will affect the budget allocation for the project and simultaneously impact the relationship with the client. By analyzing this, it will be helpful not to change the business requirements in the middle of the project. Technology Risks: Before starting any project, a team needs to know what are all the technologies that can be used in the project? in today's world, as technology evolves rapidly, we need to know which technologies should be used. Furthermore, the implementation of these new technologies will affect all customers in real time. Analyzing this will help revisit the technologies at the heart of the project. IT Initiatives: IT initiatives will also play a crucial role during the development of any project. The main initiative in any organization will be technology and cost management. As for the technology initiative, in most companies a lot of importance will be given to the technology rather than its results. We need to understand why and what business objective will be achieved using the new technology. Even in cost management, the organization needs to know how much it needs to invest so that it can help the organization make profits. Top four initiatives that every organization must follow: Automation process: This way. It will help the organization to function efficiently. Human power will be reduced and will help the organization with some cost reduction, which will simultaneously bring some profits to the organization. Work Life Integration: Every organization must have a good environment so that every employee can work effectively. Additionally, we need to offer flexible hours to employees to help them manage their work and personal lives. Task Management: You need to do better task management..