COBIT

Question 1

What is COBIT 5 primarily developed to address?

Answer 1

The need for more stakeholder involvement in determining expectations from information technology and ensuring value delivery

Stakeholders have diverse needs regarding risk, return, and transparency in outcomes.

Question 2

What is one of the major drivers for the development of COBIT 5?

Answer 2

Addressing the increasing dependency of enterprise success on external business and IT parties

This includes outsourcers, suppliers, consultants, clients, and service providers.

Question 3

How does COBIT 5 propose to handle the increasing amount of information enterprises face?

Answer 3

By selecting relevant and credible information for effective business decisions and managing information effectively

An effective information model can assist in this process.

Question 4

What shift is occurring regarding the role of IT in businesses as per COBIT 5?

Answer 4

IT is becoming an integral part of the business rather than being separate

This includes integration into projects, structures, risk management, and processes.

Question 5

What does COBIT 5 emphasize in terms of innovation and emerging technologies?

Answer 5

Providing guidance on creativity, new product development, and efficiency in product delivery

This includes streamlining manufacturing and supply chain processes.

Question 6

What responsibilities does COBIT 5 cover in relation to business and IT?

Answer 6

End-to-end business and IT functional responsibilities, including governance and management aspects

This encompasses organizational structures, policies, and culture.

Question 7

What are some enterprise goals that COBIT 5 aims to achieve?

Answer 7

• Value creation through effective IT use
• Business user satisfaction with IT services
• Compliance with laws and regulations
• Improved alignment between business needs and IT objectives

These goals help ensure effective governance and management of enterprise IT.

Question 8

What frameworks and standards does COBIT 5 aim to align with?

Answer 8

• ITIL®
• TOGAF®
• PMBOK®
• PRINCE2®
• COSO
• ISO standards

This alignment helps stakeholders understand the positioning and integration of various frameworks.

Question 9

Which ISACA frameworks does COBIT 5 integrate with?

Answer 9

• Val IT
• Risk IT
• Business Model for Information Security (BMIS)
• IT Assurance Framework (ITAF)
• Board Briefing on IT Governance
• Taking Governance Forward (TGF)

This integration aims to provide a comprehensive framework for enterprises.

Question 10

What is the nature of the COBIT 5 product architecture?

Answer 10

It is a living document that evolves over time to cover diverse stakeholder needs

The latest architecture can be found on the ISACA website.