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High Quality Content by WIKIPEDIA articles! 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. 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.