Isaca COBIT 2019 Practice Test - Questions Answers, Page 2

One of the benefits derived from the use of COBIT is that it helps to ensure compliance with applicable rules and regulations. This benefit is primarily associated with an external stakeholder, such as a regulator, auditor, customer, or partner, who expects the enterprise to adhere to certain standards and requirements.COBIT provides guidance on how to align the governance and management of enterprise IT with relevant laws, regulations, and contractual obligations12.COBIT also helps to establish and maintain a compliance culture and program within the enterprise3.Reference:1: COBIT 2019 Framework: Introduction and Methodology, page 172: COBIT 2019 Framework: Governance and Management Objectives, page 193: COBIT 2019 Design Guide: Designing an Information and Technology Governance Solution, page 77

The primary target audience for COBIT is business and IT management responsible for building and deploying I&T solutions.COBIT is designed to help these managers address the challenges of aligning I&T with business goals, delivering value from I&T, managing I&T risks, optimizing I&T resources, and measuring I&T performance5. COBIT provides a comprehensive and flexible framework that can be adapted to different contexts and situations.COBIT also helps to establish a common language and understanding among business and IT stakeholders6.Reference:5: COBIT 2019 Framework: Introduction and Methodology, page 156: COBIT 2019 Framework: Introduction and Methodology, page 25

The value generated from the use of I&T reflects a balance among benefits, risk and resources.This is based on the principle of balance, which states that ''governance of enterprise I&T should ensure that stakeholder needs, conditions and options are evaluated to determine balanced, agreed-on enterprise objectives to be achieved; setting direction through prioritization and decision making; and monitoring performance and compliance against agreed-on direction and objectives''1.Value generation is not only about maximizing financial benefits or minimizing costs or risks, but also about optimizing them in relation to the expected outcomes7.Reference:1: COBIT 2019 Framework: Introduction and Methodology, page 237: COBIT 2019 Framework: Governance and Management Objectives, page 19

COBIT guidance should be customized to meet specific enterprise needs, as different enterprises have different goals, objectives, risks, and requirements. COBIT provides a flexible and adaptable framework that can be tailored to suit the enterprise's context and environment.COBIT also provides guidance on how to customize the framework using design factors and focus areas.12Reference:COBIT 2019 Framework: Introduction and Methodology,COBIT 2019 Design Guide: Designing an Information and Technology Governance Solution

The COBIT principle that addresses the need to consider how changes in technology or strategy impact the enterprise governance system as a whole is that a governance system should be dynamic.This principle states that ''a governance system should be responsive to changing stakeholder needs, conditions and options; adaptable to changing circumstances; able to learn from experience; and innovative in supporting continual improvement''4.A dynamic governance system can anticipate and respond to changes in the internal and external environment, such as new technologies, business models, risks, or opportunities5.Reference:4: COBIT 2019 Framework: Introduction and Methodology, page 235: COBIT 2019 Framework: Governance and Management Objectives, page 20

An actionable strategy and governance system enables an enterprise to maximize value from the use of I&T by providing direction, alignment, oversight, and performance measurement. A strategy defines the enterprise's vision, mission, goals, and objectives, and how I&T can support them. A governance system ensures that the strategy is implemented effectively and efficiently, and that the outcomes are monitored and evaluated.COBIT provides a comprehensive governance system for enterprise I&T that covers all aspects of governance, management, and enablers.13Reference:COBIT 2019 Framework: Introduction and Methodology,COBIT 2019 Framework: Governance and Management Objectives

A key principle of an enterprise governance system is that it should focus on all technology and information processing, regardless of where processing takes place. This means that the governance system should cover not only the IT function, but also the business processes, functions, and units that use or rely on I&T. It also means that the governance system should address the external entities that provide or consume I&T services or data, such as customers, suppliers, partners, regulators, etc.COBIT adopts a holistic view of enterprise I&T that encompasses all internal and external stakeholders.14Reference:COBIT 2019 Framework: Introduction and Methodology,COBIT 2019 Framework: Governance System

A primary consideration when addressing new issues within a flexible and open framework is maintaining integrity and consistency.This means that ''the framework should be internally consistent; not contain contradictions or ambiguities; be complete in covering all relevant aspects of enterprise governance of I&T; and be coherent in its structure, terminology and presentation''6.Maintaining integrity and consistency ensures that the framework is reliable, clear, and easy to use for all stakeholders7.Reference:6: COBIT 2019 Framework: Introduction and Methodology, page 257: COBIT 2019 Design Guide: Designing an Information and Technology Governance Solution, page 13

A principle of a proper governance framework is that it should be based on a conceptual model.A conceptual model is ''a representation of a system that uses concepts and ideas to form said representation''8. A conceptual model helps to define the scope, purpose, structure, and content of a governance framework. It also helps to communicate the key concepts and relationships of a governance system to stakeholders.COBIT is based on a conceptual model that consists of three main components: the governance system, the governance components, and the design factors9.Reference:8: https://en.wikipedia.org/wiki/Conceptual_model9: COBIT 2019 Framework: Introduction and Methodology, page 26