- Focus on business justification
- Defined organization structure for the project management team
- Product-based planning approach
- Emphasis on dividing the project into manageable and controllable stages
- Flexibility that can be applied at a level appropriate to the project.
The International Standard ISO 38500 is a high level, principles-based advisory standard. In addition to providing broad guidance on the role of a governing body, it encourages organizations to use appropriate standards to underpin their governance of IT.
This International Standard provides principles, definitions, and a model for good governance of IT, to assist those at the highest level of organizations to understand and fulfil their legal, regulatory, and ethical obligations in respect of their organizations’ use of IT
This International Standard provides guiding principles for members of governing bodies of organizations (which can comprise owners, directors, partners, executive managers, or similar) on the effective, efficient, and acceptable use of information technology (IT) within their organizations.
It also provides guidance to those advising, informing, or assisting governing bodies. They include the following:
- executive managers;
- members of groups monitoring the resources within the organization;
- external business or technical specialists, such as legal or accounting specialists, retail or industrial associations, or professional bodies;
- internal and external service providers (including consultants);
- auditors.
This International Standard applies to the governance of the organization’s current and future use of IT including management processes and decisions related to the current and future use of IT. These processes can be controlled by IT specialists within the organization, external service providers, or business units within the organization.
This International Standard defines the governance of IT as a subset or domain of organizational governance, or in the case of a corporation, corporate governance.
This International Standard is applicable to all organizations, including public and private companies, government entities, and not-for-profit organizations. This International Standard is applicable to organizations of all sizes from the smallest to the largest, regardless of the extent of their use of IT.
The purpose of this International Standard is to promote effective, efficient, and acceptable use of IT in all organizations by
- assuring stakeholders that, if the principles and practices proposed by the standard are followed, they can have confidence in the organization’s governance of IT,
- informing and guiding governing bodies in governing the use of IT in their organization, and
- establishing a vocabulary for the governance of IT.
“Key Learning”
Introduction
This five-day intensive course enables participants to develop the necessary expertise and knowledge to support an organization in implementing and managing Corporate Governance of IT as specified in ISO/IEC 38500. Participants will also gain a thorough understanding of best practices used to appropriately govern a Corporate Governance of IT system across all the principles of ISO/IEC 38500. ISO/IEC 38500 applies to the governance of management processes (and decisions) relating to the information and communication services used by an organization. These processes could be controlled by IT specialists within the organization or external service providers, or by business units within the organization. This training is consistent with COBIT 5 and CGEIT (Certified in the Governance of Enterprise IT).
Learning Objectives
- To understand the implementation of the Corporate Governance of IT by adhering to the governance framework of ISO/IEC 38500
- To gain a comprehensive understanding of the concepts, approaches, standards, methods and techniques required for the effective management of a Corporate Governance of IT
- To understand the relationship between the components of a Corporate Governance of IT, including responsibility, strategy, acquisition, performance, conformance, and human behavior
- To acquire the necessary expertise to support an organization in implementing, managing and maintaining a Corporate Governance of IT as delineated in ISO/IEC 38500
- To acquire the necessary expertise to manage a team implementing a Corporate Governance of IT.
Recommended Participants
- Project managers or consultants wanting to prepare and to support an organization in the implementation of Corporate Governance of IT
- Corporate Governance auditors
- CIO and Senior Managers responsible for the IT governance of an enterprise and the management of its risks
- External business or technical specialists, such as legal or accounting specialists, retail associations, or professional bodies
- Expert advisors in information technology
- Technical experts wanting to formalize, amend, and/or extend the organizations IT-related objectives
Prerequisites
ISO 38500 Foundation Certification or a basic knowledge of ISO 38500 is recommended.
Course Format
This training is based on both theory and practice:
- Sessions of lectures illustrated with examples based on real cases
- Review exercises to assist the exam preparation
- Practice test similar to the certification exam
Materials Provided
- Course reference manual containing copy of course slides, support documents, quizzes and answers
- Practice exam
- Course Certificate
- Exam certificate on passing the ISO 38500 Lead IT Corporate Governance Manager examination
CPDs Assigned
This course qualifies for Thirty One (31) CPDs.
Day 1: Introduction to IT Governance and ISO/IEC 38500
Introduction and a brief history of Corporate Governance of IT
Standards ISO/IEC 38500, COBIT 5, and CGEIT
Fundamental principles of the Corporate Governance of IT
Governance model for the Corporate Governance of IT
Assigning roles & accountabilities
Establishing the GEIT Team and drafting the GEIT Project Plan
The difference between governance and management
Day 2: IT Strategy and Acquisition
Strategic alignment of IT-related objectives with enterprise objectives through goal cascading
Meeting stakeholder needs through benefits realization, risk optimization, and resource optimization
Formulating a strategy and managing changes in strategy
Establishing an IT strategy committee
Acquisition – Balancing benefits opportunities, costs, and risks
Categorizing IT investments
Managing investments in IT
Calculation of benefits using cost-benefit techniques
Drafting and implementing cost optimization strategies
Day 3: Performance and Risk Management
Implementation of an IT service management system
Continuous improvement through Six Sigma, TQM and PDCA
Interoperability of diverse systems and organizations
Risk management
Implementing a Business Continuity Management System
Day 4: Resource Management, Conformance, and Human Behavior
Establishing an effective Human Resource Management
Contract Management, Relationship Management, and Asset Management through SLAs and OLAs
Governance of data
Record and monitor IT resource utilization and availability
Outsourcing practices: Onsite, Offsite, and Offshore
Measure continuous performance of service delivery
Governance of conformance to legal requirements and other standards
Governance of human behavior and management of organizational and cultural change
Day 5: Certification Exam
Why Omni
- Experienced & Accredited Trainers
- Accredited Training Material
- Includes manual
- Two FREE practice examinations
- Excellent first attempt pass ratio
FREE Practice Exam
- Over 400 questions practice exams would be provided to students FREE of charges to ensure exam success
INTERNATIONAL STUDENT FEE
USD 500$
Job Interview Preparation (Soft Skills Questions & Answers)
Flexible Class Options
- Week End Classes For Professionals SAT | SUN
- Corporate Group Trainings Available
- Online Classes – Live Virtual Class (L.V.C), Online Training
Exam Passing Guarantee
Get a FREE Practice Exam with 400+ questions to ensure your success !
TRAINING CERTIFICATE
Omni Academy a Federal Government – Skill Development Council authorized Training Institute Certificate would be awarded to successful students.[/vc_column_text][/vc_tta_section]
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