ITIL and COBIT instructor Mark Thomas discussed the new features of the latest release of COBIT5 by ISACA.
COBIT 5 has new rich capabilities that are useful for organizations of all sizes.
Some of these include:
- A new Expanded Goals Cascade that address Stakeholders needs and builds an end-to-end business perspective. This helps satisfy objectives from a top-down approach from Stakeholder to process and enablers.
- Five new principles for the Governance of Enterprise IT (GEIT). These new principles drive the development of the governance framework of your organization.
- Seven Enablers that drive governance within an organization to help complete tasks. One of those enablers is processes. There are 37 processes within 5 domains of the framework. Unlike COBIT 4.1 (which had four process domains), the newest release adds a new Governance domain that helps distinguish between Governance and Management.
- The integration of ISO 15504 into the Process Capability Assessment. This new capability creates a more robust framework to better measures processes.
- An implementation guide that outlines the steps and perspectives in implementing a governance framework.
I hope this information is helpful. As always, please feel free to share your thoughts.