Isaca Updated COBIT-2019 Exam Questions and Answers by orin

 The COBIT performance model is integrated into the COBIT core model. The COBIT core model consists of two main elements: the governance and management objectives (which define what needs to be achieved) and the performance model (which defines how well it needs to be achieved). The performance model is based on existing maturity and capability models (such as ISO/IEC 15504) and provides a common language to measure and communicate performance. The performance model consists of six levels (from 0 to 5) that describe the increasing degree of capability for each governance or management objective.15 References: COBIT 2019 Framework: Introduction and Methodology, COBIT 2019 Framework: Governance System

The primary objective of implementing the process of managed innovation is to improve customer experience by identifying and realizing new opportunities for business value creation from information and technology. This process involves scanning the external environment for emerging trends and technologies, engaging with stakeholders to understand their needs and expectations, evaluating and prioritizing innovative ideas, and executing and monitoring innovation initiatives. The process is based on the COBIT 2019 Design Guide1, page 75. References: 1: COBIT 2019 Design Guide | Digital | English

The value that I&T delivers should be aligned directly with the values on which the business is focused. This is based on the principle of alignment, which states that “governance of enterprise I&T should ensure that I&T-enabled investments are aligned with the enterprise strategy and deliver the expected benefits” . Value delivery is not only about maintaining or increasing value from existing I&T investments, but also about ensuring that new investments support the strategic objectives and stakeholder needs of the enterprise.

 Risk management focuses on the preservation of value, while value delivery focuses on the creation of value. Value is the benefit that an enterprise derives from using information and technology. Value can be measured in terms of effectiveness, efficiency, quality, innovation, etc. Value delivery is the process of ensuring that information and technology investments and services contribute to the achievement of enterprise goals and objectives. Value delivery focuses on the creation of value by aligning I&T with business requirements, optimizing costs and resources, enhancing performance and outcomes, etc. Risk management is the process of identifying, analyzing, evaluating, treating, monitoring, and communicating risks that affect the achievement of enterprise objectives. Risk management focuses on the preservation of value by ensuring that risks are within acceptable levels, that opportunities are exploited, that uncertainties are reduced, etc.12 References: COBIT 2019 Framework: Introduction and Methodology, COBIT 2019 Framework: Governance System