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What Is Cobit 5 Framework

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Information is a very critical and valuable asset to any organisation. The ability to maximize information and technology available to it in order to achieve its set goals and objectives is important to every organisation. Any compromise in the management of information and technology can adversely impact an organisation immensely.

COBIT 5 is the only business framework for the governance and management of enterprise IT. COBIT, originally Control Objectives for Information and related Technology is a term used to identify the name of the framework. It presents an essential IT strategic plan for incorporating IT and business management. Simply stated, COBIT 5 helps enterprises create optimal value from IT by maintaining a balance between …show more content…

Executives in an enterprise need information to make good business decisions. This will only be possible when there is an assurance that the information they have access to are qualitative, reliable and capable of producing results. The COBIT 5 framework provides a governance of IT which results from a well structured system for the management of information and technology. The effect of proper governance of enterprise IT in an organisation is the increase in the value created. As a key enabler in the achievement of business objectives, effective management of IT increases business user satisfaction. Organisations can effectively govern their IT through a smooth transition process and at the same time handle their various compliance issues. The framework offers a double coach of competence and flexibility for the organisation risk management, costs optimization and benefits …show more content…

It is customizable and can be easily adapted to meet the specific needs of your organisation. COBIT 5 provides a universal language with which all IT professionals can communicate. It combines all major ISACA frameworks and research at the same time connecting with other major frameworks and standards for easy facilitation in interactions with IT services. With the COBIT 5 framework the IT function becomes more business-focused thereby becoming the drivers for change in the organisation. Job and career improvement is a benefit which COBIT 5 delivers to the individual by improving the ability to deal with IT-related business issues. COBIT 5 provides you with a comprehensive framework which is a major renovation of the only globally accepted IT governance framework

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