The present IT infrastructure management is transforming into IT service management and IT Governance. COBIT is leading framework today in the world for IT Governance. The key areas of IT Governance through COBIT are: business IT strategic alignment, new value delivery through IT, IT resource management, IT risks management and IT performance management.
Using COBIT, it is possible to transform the business goals into IT goals and further into key activities, performance indicators, outcome measures, maturity models and control practice. The article reports the experiences in these areas.
The benefits of implementing COBIT as a governance framework over IT include:
Better alignment, based on a business focus
A view, understandable to management, of what IT does
Clear ownership and responsibilities, based on process orientation
General acceptability with third parties and regulators
Shared understanding amongst all stakeholders, based on a common language
Fulfillment of the external regulatory, requirements for the IT control environment.