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ME4.1 - Establishment of an IT Governance Framework

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 ME4.1 - Establishment of an IT Governance Framework is contained within Process Popup Provide IT Governance.

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Establishment of an IT Governance Framework

Define, establish and align the IT governance framework with the overall enterprise governance and control environment. Base the framework on a suitable IT process and control model and provide for unambiguous accountability and practices to avoid a breakdown in internal control and oversight. Confirm that the IT governance framework ensures compliance with laws and regulations and is aligned with, and confirms delivery of, the enterprise’s strategies and objectives. Report IT governance status and issues.

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Value Drivers

  • IT decisions in line with the enterprise’s strategies and objectives
  • A consistent approach for a governance framework achieved and aligned with the enterprise approach
  • Processes overseen effectively and transparently
  • Compliance with legal and regulatory requirements confirmed
  • Board requirements for governance likely to be met
  Risk Drivers
  • Ineffective responsibilities and accountabilities established for IT processes
  • The IT portfolio failing to support the enterprise’s objectives and strategies
  • Remedial actions to maintain and improve IT process effectiveness and efficiency not identified or implemented
  • Controls not operating as expected

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  1. Establish an IT strategy committee to provide high-level policy guidance (e.g., risk, funding, sourcing, partnering) and verify strategy compliance (e.g., achievement of strategic goals and objectives).
  2. Establish processes to define IT enabled investment priorities, assess strategic fit of proposals and perform investment portfolio reviews for continuing strategic relevance.
  3. Establish appropriate management structures such as an IT steering committee, technology council, IT architecture review board and IT audit committee.
  4. Establish IT investment portfolio management disciplines, which include periodic review of portfolios to verify their continued relevance to the business.
  5. Embed into the enterprise an IT governance structure and culture that is accountable, effective and transparent, with defined activities and purposes and with unambiguous responsibilities.
  6. Aggregate all IT governance issues and remedial actions into a consolidated management context for reporting. Report to the board the status of IT governance issues and activities and identify their impact on strategic initiatives and enterprise outcomes.

 

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Events & Online Learning: 17 total

3 May 2012
Online
Online
7 May 2012
ISACA International Event
Orlando, Florida, USA
Get the knowledge you need to stay one step ahead of the competition and keep up with changing professional trends at ISACA’s North America CACS Conference.
15 May 2012
ISACA International Event
Washington, DC, USA

Journal Articles: 749 total

Volume 2, 2019
by ISACA Member and Certification Holder Compliance
Volume 3, 2012
by Ookeditse Kamau, CISA, CIA
Quality evidence collected during the audit process enhances the overall quality of the work performed and significantly reduces audit risk.
Volume 3, 2012
by Vasant Raval, CISA, DBA
A cohesive effort on all fronts by the community of organizations could lead to best practices, benchmarks and even accreditation standards in the arena of information ethics.
Volume 3, 2012
by Aarni Heiskanen, LJK
A program or project portfolio explains how an organization is implementing its strategy with projects.
Volume 3, 2012
by Kai-Uwe Ruhse, CISA, PCI QSA, and Maria Baturova
This article describes real cloud computing project case studies, which show that moving to the cloud is an important strategic decision for IT managers.
Volume 3, 2012
by Steven J. Ross, CISA, CISSP, MBCP
To accelerate investments in security, we security professionals must do a better job of communicating the reality of the threats that our organizations face.

Wikis: 2 total

Blog Posts: 126 total

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