COBIT 5 has evolved from a number of other ISACA frameworks and guidance. During this evolution, and years of adoption by a number of companies in various industries, it became evident that the use of framework principles could be easily understood and put into context, allowing adopters to more effectively derive value from the guidance.
This idea was extended into COBIT 5 formally (also recognising that both Val IT and Risk IT frameworks are principles-based) and is at the heart of the framework. It is worth noting that other non-COBIT 5 frameworks also promote the use of principles - most notably TOGAF.
COBIT 5 is based on 5 principles that enable the organisation to build an effective governance and management framework that optimises information and technology investment and use for the benefit of a wide range of organisational stakeholders.
The five COBIT 5 principles are:
- Meeting Stakeholder Needs
- Covering the Enterprise End-to-end
- Applying a Single Integrated Framework
- Enabling a Holistic Approach
- Separating Governance From Management
Remember that these 5 COBIT principles are specifically designed to be generic so that while they provide guidance they are at the same time applicable for enterprises of all sizes, whether commercial, not-for-profit or in the public sector.
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