uGovernIT

A Practical Approach for IT Governance

CoBIT as it applies to IT Governance

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Cobit At A Glance 1Control Objectives for Information and Related Technology (CoBIT) is a framework created by ISACA for information technology (IT) management and IT governance. At the top level,  CoBIT recommends alignment of IT to business.  COBIT defines IT activities in a generic process model within four domains. These domains are Plan and Organize, Acquire and Implement, Deliver and Support, and Monitor and Evaluate. The domains map to IT’s traditional responsibility areas of plan, build, run and monitor.  CoBIT 5 actually covers a lot more than IT Governance it includes five major components: Audit and Assurance, Risk Management, Information Security, Regulatory and Compliance, and of course, IT Governance.

CoBIT identifies four tracks in implementing IT Governance:

  1. Strategic alignment focuses on ensuring the linkage of business and IT plans; defining, maintaining and validating the IT value proposition; and aligning IT operations with enterprise operations.
  2. Value delivery is about executing the value proposition throughout the delivery cycle, ensuring that IT delivers the promised benefits against the strategy, concentrating on optimizing costs and proving the intrinsic value of IT.
  3. Resource management is about the optimal investment in, and the proper management of, critical IT resources: applications, information, infrastructure and people. Key issues relate to the optimization of knowledge and infrastructure.
  4. Performance measurement tracks and monitors strategy implementation, project completion, resource usage, process performance and service delivery, using, for example, balanced scorecards that translate strategy into action to achieve goals measurable beyond conventional accounting.

CoBIT asks that we gather management information that is presented as dashboards, scorecards and benchmarks.  CoBIT relies on four frameworks:IT Analytics 2

  • ITIL for service delivery
  • CMM for solution delivery
  • ISO 17799 for information security
  • PMBOK or PRINCE2 for project management

One of the challenges in implementing CoBIT is the enormous costs involved in purchasing different tools and integrating them.  Tools like uGovernIT  help provided an integrated solution to manage all aspects of CoBIT.  Another drawback is that CoBIT only focusses on running IT efficiently – true alignment requires not just efficiency but how IT can bring innovation and competitive edge to the enterprise.

Written by Subbu Murthy

January 15, 2015 at 11:27 pm

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