cobit 5 foundation v1.0 course 02 - overview and key...

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COBIT 5 Foundation v1.0 Course 02 - Overview and Key Features of COBIT 5

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COBIT 5 Foundation v1.0

Course 02 - Overview and Key

Features of COBIT 5

Slide 1

Overview and key featuresof COBIT 5

Overview

Key features

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Slide 2

Overview

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Slide 3

Learning outcome

Understand the concepts relating to the structure

and format of the framework, the drivers and business benefits of using

the COBIT 5 framework

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Slide 4

COBIT?

Control OBjectives for Information and related Technology

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Slide 5

Scope

• COBIT 5 is about:

– Whatever medium is used

– End-to-end throughout the enterprise (not just IT)

• COBIT is applicable to any size and type of

organisation that relies on information

(so that’s all of them!)

Governing and managing information

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Slide 6

Information?

• Information is the business currency of the 21st

century

– Information has a life cycle: it is created, used, retained, disclosed and destroyed

– Technology plays a key role in these actions

– Technology is becoming pervasive in all aspects of business and personal life

– Every form of enterprise needs to be able to rely on quality information to support quality executive decisions!

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Slide 7

Key features

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Slide 8

Enterprise stakeholder needs

Maintain high quality information to support business decisions

Generate business value from IT-enabled investments

Achieve operational excellence through the reliable and efficient application of technology

Maintain an acceptable level of IT risk

Optimise the cost of IT services and supporting technology

Ensure regulatory compliance

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Slide 9

Why COBIT5?

COBIT 5 provides a comprehensive framework that assists enterprises to achieve their goals and deliver

value through effective governance and management of enterprise IT

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Slide 10

COBIT 5 – the drivers

More stakeholder involvement

Increasing dependency on third parties

The ever-increasing volume of information

IT becoming an integral part of the business

A need for an end-to-end management and governance framework

Better control over user-based IT solutions

Alignment with other guidance and integration of ISACA frameworks

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Slide 11

Defines the starting point of governance and management activities, and relates stakeholder needs to enterprise IT

Holistic, integrated and complete view of enterprise governance and management of IT

Creates a common language between IT and business

Is consistent with generally accepted corporate governance standards – so helps to meet regulatory requirements

The benefits of COBIT 5

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Slide 12

Format of COBIT 5

Simplified

• COBIT 5 directly addresses the needs of the viewer from different perspectives

• Development continues with specific practitioner guides

COBIT 5 is initially in 3 volumes:

• The Framework

• Process Reference Guide

• Implementation Guide

COBIT 5 is based on:

• 5 principles and

• 7 enablers

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Slide 13

COBIT 5 family

(Business Framework)

(Process Reference Guide)

(Implementation Guide)

(Process Reference Guide)

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Slide 14

Checkpoint instructions

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Slide 15

Course 02 Quiz Review

COBIT 5 Overview

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Slide 16

Quiz Review - Overview

1) Which requirement was a major driver for developing the COBIT 5 framework?

a) To encourage a common language throughout the enterprise to allow

better understanding of IT by stakeholders

b) To be generic and useful for enterprises of all sizes, whether commercial,

not-for-profit or in the public sector

c) To provide further guidance in areas with high interest, such as enterprise

architecture

d) To enable enterprises to achieve operational excellence through the

reliable and efficient application of technology

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Slide 17

Quiz Review - Overview

2) Which option is NOT a benefit to the enterprise of using the COBIT 5

framework?

a) COBIT 5 is first and foremost a ‘business framework’

b) COBIT 5 is a framework to be used mainly for IT Service management

c) COBIT 5 enables IT to be managed in a holistic manner

d) COBIT 5 encourages a common language throughout the enterprise

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Review Questions:

1. Which requirement was a major driver for developing the COBIT 5 framework?

A. To encourage a common language throughout the enterprise to allow better

understanding of IT by stakeholders

B. To be generic and useful for enterprises of all sizes, whether commercial, not-

for-profit or in the public sector

C. To provide further guidance in areas with high interest, such as enterprise

architecture

D. To enable enterprises to achieve operational excellence through the reliable and

efficient application of technology

2. Which option is NOT a benefit to the enterprise of using the COBIT 5 framework?

A. COBIT 5 is first and foremost a ‘business framework’

B. COBIT 5 is a framework to be used mainly for IT Service management

C. COBIT 5 enables IT to be managed in a holistic manner

D. COBIT 5 encourages a common language throughout the enterprise

Answer Key:

1. C

To provide further guidance in areas with high interest, such as enterprise architecture.

2. B

COBIT 5 is a framework to be used mainly for IT Service management.