Value creation

Value creation tops the list of IT governance objectives for any enterprise. It refers to an organization’s realization of benefits at the cost of risk and resource optimization. These benefits from one enterprise to another. Commercial organizations look for financial benefits whereas public service benefits are realized by organizations in the public sector.

Stakeholder interests

Creating value doesn’t mean the same to every stakeholder of an enterprise. Value interests of each one of them need to be taken into account while deciding on resource and risk assessment. Fulfilling stakeholders’ requirements is one of the five principles of COBIT 5. Expertise in it is attained through COBIT 5 Foundation Training.

Enterprise governance

COBIT 5 may be known for IT governance of an organization but its features lead to the overall governance of an enterprise. It addresses both external and internal business procedures alongside IT services. COBIT 5 Foundation Training imparts knowledge of the respective governance system’s major components. These are namely, governance scope, governance enablers, and relationships and roles.

Transparency

Information, people, and service capabilities including IT infrastructure fall into the category of governance enablers. COBIT 5 makes a distinction between management and governance activities according to which the participants are also defined. Trained individuals are aware of the involved role players’ interactions with each other.

Process model

Trained individuals become adept at defining a process model for the governance of an organization. The model exhibits all the different practices related to IT infrastructure monitoring. It makes the work of business and IT managers easier. Aspirants learn to create a universal language for all IT activities occurring within an enterprise.

Process maturity

Performance monitoring parameters are learned through COBIT 5 Foundation Training in Armenia. These metrics assist an organization in evaluating the extent to which the processes have matured as per the established criteria. Implementation of premium grade management practices, and communication with IT service providers. These are also learned through COBIT 5 Foundation Training.

Operational affordability

Organizations with the daily requirement of IT operations are benefited from individuals having undergone COBIT 5 Foundation Training. Such professionals assist an enterprise in minimizing its expenditure on running necessary IT functions.

Wastage optimization

Trained individuals are enabled to eradicate the risk of an organization’s investment wastage. They ensure that business strategies are aligned with IT support for meeting the desired end results. The absence of accountability, adequate infrastructure, and reliable integrity are other risks that are handled by such individuals.

Regulatory compliances

The application of COBIT 5 in an enterprise is equivalent to complying with other relevant regulatory standards. Fulfilling the requirements of individual regulatory bodies might get tedious and confusing, otherwise. Those who have attended COBIT 5 Foundation Training are capable of enforcing it, and are thus valued by organizations.

Productivity

COBIT 5 Foundation Training empowers individuals to utilize the COBIT tools in the way they should be. This helps organizations to expand their functions through improved process deliveries that yield productivity.

Identifying goals

Trained individuals are needed by enterprises to identify the incremental objectives apart from the management’s listed goals. They are responsible for assisting in goal prioritization. Their focus lies in ensuring that organizational goals are met by the available IT services.

Risk mitigation

Individuals learn to keep IT-related risks at bay through COBIT 5 Foundation Training. They work on making the organizational environment security breach-proof. Their knowledge and expertise in implementing COBIT 5 principles come into play.

Flaw rectification

An organization might have the IT governance tools ready at hand but IT managers aren’t able to use them. COBIT 5 Foundation Training provides the power to establish controlling measures that could be used by the IT management without any hassle.

Individuals undergoing COBIT 5 Training are considered suitable for securing an enterprise’s IT investments in accomplishing its business objectives.