Today, COBIT is an important element to business success. What is COBIT? COBIT is an acronym for Control objectives for information and related technology, a framework created by ISACA for IT governance and management. With its guideline being recognised globally, COBIT is applied worldwide as a support tool for managers to bridge gaps between business risks, technical issues and control requirements. This post elaborates what is COBIT through its structure and framework.
At its core, the structure of COBIT are of three levels as follows:
1. Business requirements which include criteria like availability, compliance, confidentiality, effectiveness, efficiency, integrity and reliability
2. IT resource which include IT team members, applications, information and infrasturcture.
3. IT processes which are divided into two aspects; IT processes and IT domain.
COBIT framework encompasses five major components for it to achieve its objective as the best approach for IT governance and management. The components include:
1. Framework
This component helps organise and classify objectives of IT governance and best practices by IT domains and processes before linking them to their business requirements respectively.
2. Process descriptions
This component represents a reference model process and also as a common language for everyone in the organisation which include planning, building, running and monitoring of the whole IT processes.
3. Control objectives
This component gives a complete list of high-level requirement set by the organisation to achieve effective IT business control.
4. Maturity models
This component plays role in assessing maturity and capability per process as well as addressing gaps.
5. Management guidelines
Through this component, assigning responsibility, agreeing on objectives, measuring performance and illustrating interrelationship with other processes are better executed
In summary, COBIT is one example of the best IT management practice where its framework helps gain IT business control that centralises on IT structure or, in other other word, focuses on business requirement and use IT processes to manage data from IT resources).
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