Chapter 8 Part 2

Question 1

Is an IT management framework developed by the ISACA to help businesses develop, organize and implement strategies around information management and governance

Answer 1

COBIT (control objectives for information and related technology)

Question 2

Consolidates, integrates, and expands on the previous versions of COBIT.

Answer 2

COBIT 5

Question 3

COBIT 5 changes the overall IT control objective from “managing information technology” to the “overall governance of IT” which is called __________ __ _________ __

Answer 3

Governance of enterprise IT (GEIT)

Question 4

COBIT 5’s five GEIT principles

Answer 4

1. Meeting stakeholder needs
2. Covering the enterprise end-to-end
3. Applying a single, integrated framework
4. Enabling a holistic approach
5. Separating governance from management

Question 5

Key objective is value creation
- value creation is done through
~benefits realization 
~Risk optimization
~Resource optimization

Answer 5

Meeting stakeholder needs

Question 6

Not “IT focused” but instead takes an enterprise-wide view
It covers all functions and processes in the enterprise and views all IT governance and management enablers to apply to the entire enterprise

Answer 6

Covering the enterprise End-to-End

Question 7

COBIT 5s seven enablers

Answer 7

1. Principles, policies, and frameworks
2. Processes
3. Organizational structures
4. Culture, ethics, and behaviors
5. Information
6. Service infrastructure applications
7. People, skills, and competencies