Using COBIT 5: The Importance of a Governance and Management Framework

The Importance of Using a Framework like COBIT 5

Question

Which statement is the MOST important reason for using a framework like COBIT 5?

Answers

Explanations

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A. B. C. D.

B.

The most important reason for using a framework like COBIT 5 is option B, "to help enterprises create optimal value from IT by maintaining a balance between realizing benefits and optimizing risk levels." COBIT 5 is a comprehensive IT governance and management framework that provides a holistic approach to managing and optimizing IT resources in a way that aligns with business goals and objectives.

COBIT 5 enables organizations to identify and prioritize IT-related risks and opportunities, and to implement appropriate controls and processes to manage those risks and realize those opportunities. This framework provides a set of best practices and guidelines for IT governance and management, including the areas of strategy, governance, risk management, performance management, and compliance.

By using COBIT 5, organizations can establish a clear understanding of the value that IT brings to the business, and how that value can be optimized while minimizing risks. The framework helps organizations to identify and prioritize investments in IT, and to align those investments with the organization's strategic objectives. It also enables organizations to establish clear accountability and responsibility for IT governance and management, and to establish a common language and approach to IT across the organization.

Overall, the most important reason for using a framework like COBIT 5 is to help organizations create optimal value from their IT investments, while managing risks in a way that is consistent with business objectives and external requirements.