What Are COBIT 5 Framework, Principles, Benefits, And Certifications?

No one can deny that technology has become the core of our life. Whether you are a person or an organization, old or young you use technology all the time.  For some businesses, this is an advantage that raises the success of their organizations. While others find it challenging and complex to manage and govern. So that COBIT 5 is found; it is the best way and solution that businesses, security professionals, enterprise leaders, and governance specialists are seeking to ensure managing their IT effectively.

What is COBIT 5?

According to PeopleCert COBIT 5 is defined as "a globally accepted framework for the governance and management of IT. It aligns business goals to IT processes and goals, providing tools, resources and guidance to achieve, identify and associate responsibilities of business and IT processes."

The acronym COBIT stands for Control Objectives for Information and Related Technology. It is a framework designed by ISACA (Information Systems Audit and Control Association) to help businesses apply IT governance and management.

The core of designing COBIT is to fill the gap between control requirements, business risks and technical issues. It is a great tool for managers, IT professionals, and business executives to ensure and control the quality and reliability of information systems in the organization.

ISACA has designed many versions of COBIT in order to keep up with the latest and changing needs of IT governance. They designed 5 COBIT versions the latest of which is COBIT 5.

By using COBIT 5, organizations can be able to maintain a balance between risk optimizations, resource usage and benefits realizations. This will help them make decisions to improve their business outcomes and achieve the organization's objectives and goals.

COBIT 5 Principles

COBIT 5 consists of 5 key principles to follow for ensuring effective management and governance of IT:

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

COBIT 5 framework:

Any organization can use these principles to build a framework for IT governance and management. IT governance is built on seven enablers which are:

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

Both the principles and enablers allow any organization to put its IT investments and objectives together to realize the value of those investments.

Benefits of Adopting COBIT 5 Framework

COBIT 5 framework has been able to generate a collaborative culture within the organization and this enhances meeting the needs, reducing risks, and getting benefits of all IT initiatives.

Using the COBIT 5 framework can help organizations to:

• Adhere to industry regulations and laws.
• Achieve business goals effectively.
• Manage risks and security.
• Realize the value of IT investment.
• Ensure operational excellence by using technologies.
• Improve and maintain high-quality information to support business decisions.
• Keep IT up to date and capable of supporting major changes.

COBIT 5 and other IT Governance Frameworks

COBIT 5 is designed to be smoothly integrated with other Frameworks. It corresponds effectively with various frameworks and standards like ITIL 4 Foundations®, ISO 20000 and ISO 27001.

This could be the reason why COBIT is considered the best IT governance framework. It collects and integrates the best practices and approaches when implementing any ITIL Processes governance framework. It guarantees meeting the results and goals of any organization and delivering a better return on investment.

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COBIT 5 Certifications

Based on the market needs, many certifications prove its significance for COBIT practitioners. Here are the 5 COBIT 5 Certifications that are accredited by PeopleCert and ISACA:

• COBIT® 5 Foundation

COBIT 5 Foundation certification is considered the first level of COBIT 5 certifications. COBIT 5 Foundations covers the key knowledge of COBIT 5 principles, models and practices.

This certification is suitable for:

• IT Manager.
• IT Quality Professionals.
• IT Auditors.
• IT Consultants.
• IT Developers.
• IT Operational Management.
• ΙT Business Leadership Management.
• Managers in IT Service providing firms.

Get more information about COBIT 5 Foundation Training Course that Bakkah offers! 

• COBIT® 5 Assessor

COBIT 5 Assessor Certificate is designed to cover the basic knowledge for using COBIT 5 Process Assessment Model (PAM) to assess organizations processes.

This certification is suitable for:

• IT Managers.
• IT Quality Professionals.
• IT Auditors.
• IT Consultants.
• IT Developers.
• IT Operational Management.
• IT Business Leadership Management.
• Managers in IT Service providing firms.

• COBIT® 5 Assessor for Security

COBIT 5 Assessor for Security Certification provides a vivid understanding of the process cybersecurity capabilities of an IT system against the COBIT 5 Process Assessment Model (PAM).

This certification is suitable for:

• IT Managers.
• Cybersecurity professionals.
• IT Auditors.
• IT Consultants.
• IT Developers.
• IT Operational Management.
• IT Business Leadership Management
• Managers in IT Service providing firms

• COBIT® 5 Implementation

COBIT 5 Implementation certification provides a practical understanding of how to implement, apply and integrate COBIT 5 within an organization, reducing business risk and improving business performance.

This certification is suitable for:

• IT Managers.
• IT Quality Professionals.
• IT Auditors.
• IT Consultants.
• IT Developers.
• IT Operational Management.
• IT Business Leadership Management.
• Managers in IT Service providing firms

• Implementing the NIST Standards using COBIT® 5

Implementing the NIST Standards using COBIT 5 certifications is designed to help you understand the Cybersecurity Framework (CSF), its goals, the implementation steps and the ability to apply this information.

This certification is suitable for:

• IT Managers.
• IT Quality Professionals.
• IT Auditors.
• IT Consultants.
• IT Developers.
• IT Operational Management.
• IT Business Leadership Management.
• Managers in IT Service providing firms.