VAL IT, New ISACA framework for IT Investment Governance

Val IT is a suite of documents that provide a framework for the governance of IT investments, produced by the IT Governance Institute (ITGI). It is a formal statement of principles and processes for IT portfolio management.
Contents

Val IT allows business managers to get business value from IT investments, by providing a governance framework that consists of
* a set of guiding principles, and
* a number of processes conforming to those principles that are further defined as a set of key management practices.

The major processes are:
* Value Governance (VG prefix)
* Portfolio Management (PM prefix)
* Investment Management (IM prefix)

source:
wikipedia.org
isaca.org/valit