Governance committee will establish
clear criteria's for project selection
and manage funding. Governance
committee will included select
members for Students, faculty, alumni
members, corporate.
Governance involves decision-making
authority and accountability
mechanisms within an organization
that encourage the best management
of Innovation Fund.
Governance is concerned with setting
directions, establishing standards and
principles, and prioritizing investments.
Without transparency, there is not
trust. Transparency must be built into
IT governance so that there is
confidence in the processes.
Governance Structure
Strategic Committee
Operational Committee
Technical Group
Strategic IT Governance:Consists of an executive strategy group comprised of the alumni,
faculty, startups and corporations officers whose role is strategy and policy, prioritizes initiatives,
and aggregates/vets funding issues at the enterprise level.
Operational IT Governance:This group recommends priorities, resource availability,
oversees projects, and measures success across different projects.
Technical Group:Consists of a technically mainly student-focused group that develops
guidelines and principles for technology standards and practices and do development, testing and
validation.