This document discusses how Visual Studio Team System can maximize ROI and drive IT governance through an integrated Application Lifecycle Management (ALM) solution. It provides concise summaries of key points, including how VSTS improves collaboration, ensures quality, integrates work frequently, and enables real-time decision making. IT governance is also discussed at a high level, focusing on compliance, metrics/reporting, and aligning IT with business needs. Examples are given of organizations seeing improvements in areas like productivity, quality, and cost reductions through an ALM approach.