Mostly this sounds like just another set of standards to increase the turnover for standards setters and standards auditors. Especially since they are keeping the standard under lock and key.
The main thing with these standards, if a company meets the requirements they can display their little logo to say so, but when the standards are not available, noone really knows what it means.
With the ISO9001 quality standards, all it means is that if something screws up, the boss knows about it. It doesn't mean the product or service is good quality. I fear this standard will be the same, essentially creating a false sense of security.
Australia’s peak standards-setting body in late December claimed to have published what it described as “a significant new standard” that would support in successfully governing major information technology projects...
Victoria’s Ombudsman handed down one of the most damning assessments of public sector IT project governance in Australia’s history, noting total cost over-runs of $1.44 billion, extensive delays and a general failure to actually deliver on stated aims in 10 major IT projects carried out by the state over the past half-decade.
In what appears to be an attempt to put some discipline around these types of projects, for some time Standards Australia, the non-government body tasked with setting standards in Australia, has been working on a new standard for IT governance. In late December last year, the organisation finally published the document.
“The standard has been prepared to set out how significant IT projects can benefit through the use of appropriate governance frameworks and principles,” said Bronwyn Evans, Chief Executive Officer, Standards Australia, in a statement (PDF). “As the world we live in continues to change rapidly, organisations need to consider how they can deliver effectively today, while investing in technology for the future...”
...The actual standard is not available for public viewing. Standards Australia appears to charge between $90 and $172 for access to it, through a commercial organisation known as SAI Global which separated from Standards Australia in 2003. The organisation has placed a number of restrictions around various copies of the document — for example restricting the numbers of copies that can be printed or whether it can be distributed.