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AI5.1 - Procurement Control

This topic is intended to enable collaboration and sharing of information to facilitate a better understanding and approach to implementing this COBIT control objective based on the risk, value and guidance provided by its corresponding control practices.

COBIT Control Objective AI5.1 Procurement Control is contained within Process Popup Procure IT Resources.

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Procurement Control

Develop and follow a set of procedures and standards that is consistent with the business organisation’s overall procurement process and acquisition strategy to acquire IT-related infrastructure, facilities, hardware, software and services needed by the business.

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Value Drivers

  • Optimised supplier relations
  • High-quality contribution to business and IT processes
  • Procurements supporting the achievement of desired business and IT goals
  Risk Drivers
  • Gaps in fulfilling requirements by suppliers
  • Commercial and contractual procurement exposures
  • Automated solutions not in line with the organisation’s short- and long-term plans
  • Insufficient software quality in procured solutions
  • Lack of cost control

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  1. Define IT procurement policies and procedures in alignment with the organisation’s procurement policies and procedures. The IT procurement policies and procedures should address specific concerns such as:
    • Legislative requirements
    • Compliance with the organisation’s IT acquisition policy
    • Involvement of IT legal contract expertise
    • Licensing and leasing requirements
    • Technology upgrade clauses
    • Escrow arrangements
    • Vendor software support and security arrangements
    • Ensuring involvement of the business
    • Total cost of ownership
    • Acquisition plan for major acquisitions
    • Recording of assets
  2. Define and implement standard procurement procedures that use selection approaches responsive to the risks associated with the procurement.
  3. Define and implement required approvals at key decision points during the procurement processes. Obtain approval from senior management in advance, if the existing policy will not be followed.
  4. Record receipt of all hardware and software acquisitions in an asset inventory, and assess the quality before making any payment.

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Documents & Publications: 18 total

Events & Online Learning: 4 total

16 Mar 2015
ISACA International Event
Orlando, FL, USA
1 Aug 2016
ISACA International Event
Chicago, IL, USA
4 Jun 2018
ISACA International Event
Philadelphia, PA, USA

Journal Articles: 29 total

Volume 3, 2017
by Vasant Raval, DBA, CISA, ACMA, and Rajesh Sharma, Ph.D., ITIL-F, Six Sigma Black Belt
Success does not teach much, if anything; it is the failure that provides lessons to do better in the future.
Volume 5, 2016
by Syed K. Ishaq, CISA, CRISC, CCISO
Although the short-term impact from a cyberattack can be overwhelming, the long-term implications can be quite burdensome
Volume 3, 2016
by Joseph Zipper, CISA, IPRC, PMP
Efficient and effective auditing of major projects requires a flexible approach, where audit is actively engaged throughout the project life cycle.
Volume 2, 2016
by Alan Moran, Ph.D., CRISC, CITP
The inherent cadence and iterative nature of Agile practices make them well suited for the management of a wide range of risk commonly encountered in product development and related projects.
Volume 2, 2016
by Robert Putrus, CISM, CFE, CMC, PE, PMP
Investments in cybersecurity tend to be fairly significant, so organizations continually seek ways to determine whether the investments were appropriate based on return.
Volume 2, 2016
by Laurent Renard, CISA, CISM, CGEIT, CRISC, COBIT Foundation, DevOps, GRCP, ITIL Expert, Lean Six Sigma BB, MoP, MSP, P3O, PMIACP, PMI-PBA, PMP, PRINCE2, Resilia, Scrum PSM-PSPO, TOGAF
IT helps organizations achieve their goals and optimize their profitability by balancing risk at an acceptable level.

Wikis: 2 total

Blog Posts: 12 total

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