1. BA 559: IT Governance Ben Tsao

2. What is COBIT?  Control Objectives for Information and Related Technology  Control framework for IT  A set of best practices used to provide business managers and auditors to develop IT governance and control

3. History of COBIT  Created in 1992, first edition released in 1996  Four major releases, currently on version 4.1 released in May 2007  Each release brings in additional research and updated controls and guidelines

4. COBIT Product  COBIT can be downloaded at the ISACA website, http://www.isaca.orghttp://www.isaca.org  Package consists of: Executive Summary Governance and Control Framework Control Objectives Management Guidelines Implementation Guide IT Assurance Guide

5. COBIT Framework  COBIT provides a framework to ensure IT is aligned with business IT enables business to maximize its benefits IT resources are used responsibly IT risks are managed appropriately

6. COBIT Structure  COBIT contains four domains Plan and Organize Acquire and Implement Deliver and Support Monitor and Evaluate

7. COBIT Uses in Real Business  COBIT has been used in many different types of business in the world including: Consulting/IT Education Energy Financial Services/Insurance Government Manufacturing/Transportation