e. Principle 5: Separating Governance from Management
1) The Complexity of the modern enterprise requires governance and management to be distinct activities.
a) In general, governance is the setting of overall objectivities and the monitoring of progress toward those objectives. COBIT 5 associates governance with the board of directors.
i) Within any governance process, three practices must be addressed: evaluate, direct, and monitor.
b) Management is the carrying out of activities in pursuit of enterprise goals. COBIT 5 associates these activities with executive management under the leadership of the CEO.
i) Within any management process, four responsibility areas must be addressed: plan, build, run, and monitor.