Section 3 (Chapter 1 of Framework) Overview and Key Features of COBIT 5 Flashcards
What does COBIT stand for?
Who created it?
Control Objectives for Information and related Technology
ISACA created COBIT in 1996 as an audit framework. It evolved over the years to add control, management, IT governance and governance of enterprise IT
Drivers behind creation of COBIT
Stakeholder involvement
Increased dependency on 3rd parties
Increasing volumes of information
IT becoming more integral to business
Need for end-to-end management and governance framework
Better control over user-based IT solutions
Alignment with other ISACA frameworks
Benefits of COBIT 5
Helps give clarity to governance and management activities
Relates stakeholder needs to IT
Gives holistic, integrated, complete view of enterprise governance and management of IT
Creates common language between IT and business
Is consistent with generally accepted corporate governance standards, so helps meet regulatory requirements
Format of COBIT 5
Simplification - directly address needs of viewer from different perspectives. Development continues with specific guides
COBIT 5 is in 3 volumes - Framework, Process Reference Guide, Implementation Guide
COBIT is based on - 5 principles, 7 enablers
Format of COBIT 5
Simplified - directly address needs of viewer from different perspectives. Development continues with specific guides
COBIT 5 is in 3 volumes - Framework, Process Reference Guide, Implementation Guide
COBIT is based on - 5 principles, 7 enablers
COBIT 5 Enabler Guides
Enabling Processes Guide
Enabling Information Guide
COBIT 5 Professional Guides
COBIT 5 Implementation
COBIT 5 for Information Security
COBIT 5 for Assurance
COBIT 5 for Risk
Which option is NOT a benefit to the enterprise of using COBIT 5?
COBIT 5 is first and foremost a business framework
COBIT 5 is a framework to be used mainly for IT service management
COBIT 5 enables IT to be managed in a holistic manner
COBIT 5 encourages a common language throughout the enterprise
COBIT 5 is a framework to be used mainly for IT service management
Major driver for COBIT 5, No. 1
Provide more stakeholders a say
Major driver for COBIT 5, No. 2
Address increasing dependency on external business and IT partners
Major driver for COBIT 5, No. 3
Deal with increasing amounts of information in the enterprise
Major driver for COBIT 5, No. 4
Deal with more pervasive IT, which is increasingly more integral to the business
Major driver for COBIT 5, No. 5
Provide guidance for innovation and emerging technologies
Major driver for COBIT 5, No. 6
Cover end-to-end business and IT functional responsibilities
Major driver for COBIT 5, No. 7
Improve control over user-initiated and user-controlled IT solutions (shadow IT)
