Enterprise governance and risk management is the top priority for modern organizations. With a large part of their organizational operations managed and monitored on the cloud, it has become increasingly vital for business enterprises to assess the problems that come with it. The COBIT framework has been created by the ISACA (Information Systems Audit and Control Association) to assist organizations to tackle modern business challenges.
COBIT which stands for Control Objectives for Information and Related Technologies helps organizations to develop, implement, improve, and monitor their IT governance and information management. Apart from this, COBIT helps businesses meet their compliance requirements, align their IT requirements with the business goals, and in risk management. COBIT 5 is a version of the original COBIT and was first published in 2012.
COBIT 5 and its 7 COBIT Enablers
This COBIT framework focuses more on information governance and enterprise risk management. it plays a major role in helping organizations manage enterprise governance as well as the risk associated with the business to achieve success. COBIT 5 has 5 principles and 7 enablers.
The five principles of COBIT 5 that are vital for effective enterprise IT management and governance are as follows:
1. Meeting stakeholders’ requirements
2. Ensuring end to end coverage of the enterprise
3. Integrating several frameworks into a single framework
4. Allowing a holistic approach to doing business
5. Keeping governance separate from management
These five principles help organizations to improve their IT governance and enterprise IT management along with seven enablers. These 7 enablers of COBIT 5 are as follows:
· People, Policies, and Frameworks
· Processes
· Culture, Ethics, and Behaviour
· Information
· Services, Infrastructure, and Applications
· Organizational Structures
· Skills and Competencies
COBIT 5 Certifications
ISACA offers COBIT 5 Certifications to help professionals interested in managing and improving their organization’s IT governance and information management. COBIT 5 Foundation Certification is best suited for professionals starting their journey in enterprise IT management and governance. COBIT 5 Implementation and COBIT 5 Assessor Certifications focus on the application and improvement aspects of COBIT 5 respectively. Aspirants can use professional training for learning about these five principles and seven COBIT enablers in detail. It will also assist them in the preparation process for earning these highly valuable COBIT 5 Certifications. Therefore, future Enterprise IT Professionals can gain one of these prestigious credentials and help their organizations successfully improve governance and information management.
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