Comparison of cobit 4.1 and cobit 5, Other Management

Comparison of CobiT 4.1 and CobiT 5

This review of CobiT 4.1and CobiT 5 does not include all possible elements of these two complex frameworks. Still, this review is exhaustive enough to obtain a good impression of CobiT.

To sum up, the following improvements has been made into the CobiT 5 framework: first, the framework and processes have been reformulated in order to convert CobiT into a more comprehensive framework. Moreover, stakeholder needs at different levels are better incorporated. Besides, management best practices are added and will be further developed (CobiT 5 2012). Also, different standards have been incorporated into CobiT 5 making it an integrative governance framework.

It can now be concluded that CobiT 5 could be seen as an IT Management and IT governance framework and not only as an IT governance Framework. The reason for that is that CobiT 5 does cover topics on IT management as well as on IT governance. Moreover, CobiT 5 has been expanded with VAL IT and Risk IT. VAL IT represents the first major step in improving the state of costs/benefits management in ISACA because it recognizes a full lifecycle approach. In the context of IT governance, CobiT 5 introduce new guidelines and processes for a full lifecycle evaluation. These guidelines are, for example, "Maintain the Governance Framework", "Ensure Value Optimisation", "Ensure Risk Optimisation" and "Ensure Stakeholder Transparency"(EDM1-4 in CobiT 5 2012; ISO 38500). The focus of  EDM1-4 is, above all, oriented toward corporate governance at the board of director level. 

Posted Date: 9/25/2012 5:46:53 AM | Location : United States







Related Discussions:- Comparison of cobit 4.1 and cobit 5, Assignment Help, Ask Question on Comparison of cobit 4.1 and cobit 5, Get Answer, Expert's Help, Comparison of cobit 4.1 and cobit 5 Discussions

Write discussion on Comparison of cobit 4.1 and cobit 5
Your posts are moderated
Related Questions
R easons for quality improvement The Quality Improvement helps the organisation to continuously improve the quality of the product or the service. The quality improvement can

How Does Internet Work? Let us try to know, some of the technicalities relating to the working of Internet. It may be stated that the procedure of Internet's working is associ

a) Define "news" and illustrate the concept of "news worthiness" in the field of PR. b) Describe how PR is distinguished from i. Advertising ii. Marketing iii. Sales pr

how do you write a lp model in standard form? ex) max z=9x+6x subject to 12x+5x x

QUESTION (a) Medicines are much specialised form of consumer product. They must be safe, effective and suitable for their intended purpose. Quality Assurance (QA) in pharmaceut

Until recently, information consolidation products (ICP) were prepared by subject specialists themselves on the basis of the documents furnished by libraries and information center

Skills in Literature Search: Expertise in literature search can be gained only by experience. Some attitudes or traits conducive to a good literature search are: imagination,

Cost of Materials  Handling: The last  major  factor  is cost of  various  devices which  are available  for  use. Cost  comparisons among various alternatives are often  difficul

Q. Will the use of fca dispirit communities from allowing the environment while they consider solid waste management options? No. While FCA only obtain into account the tangibl

Question 1: (a) Describe and illustrate the term ‘non ionizing radiation'. (b) In what ways will noise affect workers? (c) How will the effects of noise, as a hazard,