IT Governance Frameworks
COBIT: COBIT stands for Control Objectives for Information and Related Technologies. Developed by ISACA, it is a widely recognized framework for
governance and management of enterprise IT. It has since expanded to IT governance with gradual revisions of COBIT frameworks. The latest version is COBIT 2019 while COBIT 5 is still widely used and supported by azure classes.
COSO: Also known as Committee of Sponsoring Organizations of the Treadway Commission (COSO). It is less IT-focused, instead, it concentrates on business aspects of an organization such as enterprise risk management (ERM) and azure certification.
ITIL: ITIL stands for Information Technology Infrastructure Library. it aims to support core processes of business with key focus on five principles:
service strategy, design, transition (such as change management), operation and continual service improvement.
CMMI: To improve overall performance in an organization,
Capability Maturity Model Integration is created. A performance scale of 1 to 5 is used to measure performance, quality and profitability maturity level.
FAIR: Factor Analysis of Information Risk (FAIR) is a newcomer to IT governance. Whether it gains as much traction as the other frameworks, it remains to be seen. Its focus on cyber security and operational risk to formulate better business decisions may help it to stand out.