And CORRECT Answers
Enterprise stakeholder needs - CORRECT ANSWERS 1. Maintain high quality information
to support business decisions
2. Generate business value from IT
3. Achieve operational excellence through the reliable and efficient application of technology
4. Maintain an acceptable level of risk
5. Optimize the cost of IT
6. Ensure regulatory compliance
COBIT DRIVERS - CORRECT ANSWERS 1.More stakeholder involvement
2. Increasing dependency of third parties
3. Ever increasing volume of information
4. IT becoming an integral part of the business
5. A need for an end to end management and governance framework
6. Better control over user based IT solutions
7. Alignment with other guidance and integration of ISACA frameworks
Benefits of COBIT - CORRECT ANSWERS 1. Starting point of governance and management
activities
2. Holistic, integrated and complete view of enterprise governance and management of IT
3. Creates a common language between IT and the business
4. IT consistent with generally accepted corporate governance standards
COBIT Initially in three volumes - CORRECT ANSWERS 1. Framework
,2. Process reference guide
3. Implementation guide
COBIT based on - CORRECT ANSWERS 1. 5 principles
2. 7 enables
COBIT Enabler guides - CORRECT ANSWERS 1. Enabling processes
2. Enabling information
3. Other enabler guides
COBIT Professional Guides - CORRECT ANSWERS 1. Implementation
2. Information Security
3. Assurance
4. Risk
5. Other Professional Guides
COBIT Principles (5) - CORRECT ANSWERS 1. Meet stakeholder needs
2. Cover enterprise end to end
3. Apply a Single integrated framework
4. Enable a holistic approach
5. Separate governance from management
COBIT Principle 1 - CORRECT ANSWERS 1. Meeting Stakeholder Needs
2. Governance objective - value creation
a. Benefit realization
b. Risk optimization
, c. Resource optimization
Every enterprise operates in a different context which is determined by - CORRECT
ANSWERS 1. External factors(market industry, geopolitics, etc.)
2. Internal factors (culture, organization, risk appetite, etc.)
Stakeholder needs have to be transformed into - CORRECT ANSWERS An actionable
strategy
Goals cascade is the mechanism to - CORRECT ANSWERS Translate stakeholder needs into
specific, actionable and customized
1. Enterprise goals
2. IT related goals
3. Enabler goals
Goals Cascade - CORRECT ANSWERS 1. Stakeholder drivers (environment, technology
evolution) influence
2. Stakeholder needs of benefit realization, resource optimization, risk optimization
3. Which cascades to stakeholder needs and enterprise goals
4. These cased to IT related goals - which consist of enterprise goals mapped to IT related goals
5. These cascade to enabler goals
Stakeholder needs are influenced by a number of drivers - CORRECT ANSWERS 1. Strategy
changes
2. Changing business and regulatory environment
3. New technologies