IT Governance - COBIT 5 version - EDM 05

EDM 05 – Ensure Stakeholder Transparency

Make sure that the communication to stakeholders is effective and timely and the basis for reporting is established to increase performance, identify areas for improvement, and confirm that IT-related objectives and strategies are in line with the enterprise’s strategy

IT Governance - COBIT 5 version - EDM 04

EDM 04 – Ensure Resource Optimization

Ensure that the resource needs for the enterprise are met in the optimal manner, IT costs are optimized, and there is an increased likelihood of benefit realization and readiness for future changes

IT Governance - COBIT 5 version - EDM 03

EDM 03 – Ensure Risk Optimization

Ensure that IT-related enterprise risk does not exceed risk appetite and risk tolerance, the impact of IT risk to enterprise value is identified and managed, and the potential for compliance failures is minimized

IT Governance - COBIT 5 version - EDM 02

EDM 02 – Ensure Benefit Delivery

Secure optimal value from IT-enabled initiatives, services and assets; cost-efficient delivery of solutions and services; and a reliable and accurate picture of costs and likely benefits so that business needs are supported effectively and efficiently

IT Governance - COBIT 5 version - EDM 01

EDM 01 – Ensure Governance Framework and Maintenance

Provide a consistent approach integrated and aligned with the enterprise governance approach. To ensure that IT-related decisions are made in line with the enterprise’s strategies and objectives, ensure that IT-related processes are overseen effectively and transparently, compliance with legal and regulatory requirements for board members are met.