The survey of more than 2000 of ISACA's membership makes it even more important to create strong business cases for IT-enabled investments.
To help professionals focus on projects with the greatest return on investment (ROI), ISACA has released a new publication entitled `The Business Case Guide: Using Val IT 2.0.'
According to Peter Harrison, the co-author of the guide, many organisations view the business case as a necessary evil or a bureaucratic hurdle that must be overcome.
"But a well-developed business case for a business change programme is one of the most valuable tools available to management", he said.
"The quality of the business case and the processes involved in its creation has an enormous impact on the success of the project", he added.
ISACA says that the Val IT framework allows organisations to evaluate and manage investments in business change and innovation.
It can, says the association, help increase the value of technology and lead to business growth.
For example, Val IT can greatly reduce the costs from inefficiencies by giving executives the tools for evaluating projects much as a skilled investor manages an investment portfolio.
Both The Val IT Framework 2.0 and The Business Case Guide - using Val IT 2.0 - are available as free downloads from www.isaca.org/valit.