COBIT Research Paper Example | Topics and Well Written Essays - 2500 words

COBIT - Research Paper Example The process through which organizations attempt to improve their business information systems, their performance and risk management is known as IT Governance. This process makes sure that the investments in information technology are returning appropriate value. In order to help the business effectively convince present business challenges through effective management of IT governance, ISACA has published version COBITÂ ® 4.1. In this scenario, control objectives for information and related technology (COBIT) is an information technology governance structure as well as supporting toolset that facilitates executives to bridge the gap among control needs, technical matters and corporate risks. COBIT allows the organizations to develop a clear policy as well as adopt good practice for information technology control all through businesses. ... ns as well identify and manage the associated risks, like that growing regulatory implementation as well as critical dependence of a lot of business procedures on information technology. In addition, the need for assurance regarding the worth of IT, the administration of IT-related risks and increased requirements for gaining control over information resources are at the present recognized as basic elements of corporate governance. In this scenario, value, risk and control constitute the fundamentals of IT governance. Additionally, the IT governance is the accountability of administrative staff and the board of directors, and consists of the management, organizational arrangements and procedures that make sure that the enterprise’s IT maintains and expands the organization’s strategies as well as objectives (ISACA2, 2011). In addition, control objectives for information and related technology (COBIT) offers high-quality performance all through business domain and struct ure and offers tasks in a convenient and logical structure. Additionally, the COBIT’s high quality practices demonstrate the agreement of specialists. They are powerfully focused on extra control, fewer on execution. In this scenario, this technology based practice allows the organizations to optimize IT-facilitated investments, make sure service delivery and offer a quantifiable approach against which to evaluate when things are not done correctly. Thus, for information technology to be flourishing in conveying against business needs, management should place a domestic control system or structure in position. In this scenario, the COBIT control structure applies these requirements through: (ISACA2, 2011) Establishing a connection to the business needs Put in order IT tasks into a normally accepted