Describe how organizations establish the five (5) COBIT IT governance focus areas:
Information Technology has currently become a strategic aspect in creating innovation, opportunities, and competitive advantage. However, what it entails is inherent risk related to integrity, confidentiality, and availability of information which require attention. COBIT 5 has been applied by companies to streamline the sharing of information, incorporating IT in to the strategy to reach corporate goals, minimizing and controlling risk management and information security, and optimizing the costs surrounding technology and IT (Shahi, Sadoughi & Ahmadi, 2015). 1. Describe how organizations establish the five (5) COBIT IT governance focus areas: strategic alignment, value delivery, risk management, resource management, and performance management STRATEGIC ALIGNMENT: The Organization have concentrates on guaranteeing the linkage of business and IT arranges, on characterizing, keeping up and approving the IT esteem suggestion, and on adjusting IT operations to big business operations. VALUE DELIVERY: They have attempted however much as could reasonably be expected to executing and actualize key arrangement the quality suggestion all through the conveyance cycle, guaranteeing that IT conveys the guaranteed advantages against the procedure, focusing on enhancing costs and demonstrating the inborn estimation of IT political science assignment help, RESOURCE MANAGEMENT: Organizations have manage ideal interest in, and the best possible administration of, basic IT assets: forms, individuals, applications, foundation and data. Key issues identify with the enhancement of information and foundation. RISK MANAGEMENT: Association have teach requires hazard mindfulness by senior corporate officers, a reasonable comprehension of the venture’s ravenousness for danger, straightforwardness about the huge dangers to the undertaking, and inserting of danger administration obligations into the association. PERFORMANCE MEASUREMENT: They have kept up tracks and screens technique execution, venture consummation, asset utilization, process execution and administration conveyance, utilizing, for instance, adjusted scorecards that make an interpretation of system enthusiastically to accomplish objectives quantifiable past traditional bookkeeping. 2. Suppose senior management has tasked you with the planning of the COBIT compliance project. In terms of the COBIT framework, predict which key areas are likely to be problematic to implement. Suggest at least two (2) possible solutions to these problematic areas. Risk management IT hazard administration does not work “out of the container.” It is not an item to buy or a strategy to set up. Rather, it is a procedure of business danger administration that must be performed on a progressing premise. It is basic for an association to ceaselessly inspect the dangers and security destinations inside its business surroundings, and efficiently heat insurance into the way it works. This should be done to manage risks.
