ISO/IEC 38500 Lead IT Governance Manager study guide
ISO/IEC 38500 Lead IT Governance Manager · Work through your exam, one topic at a time.
The ISO/IEC 38500 Lead IT Corporate Governance Manager is the most senior of the three PECB training and certification tracks built around ISO/IEC 38500, sitting above the Foundation and IT Corporate Governance Manager courses. ISO/IEC 38500 itself "provides principles, definitions, and a model to help the governing bodies understand the importance of Information Technology (IT)," and is "intended to help all types of organizations in evaluating, directing and monitoring the use of Information Technology (IT), regardless of the degree of IT usage." The Lead-level credential targets candidates who must support an organization in "establishing, implementing and continually improving a framework that complies with the principles and the model for good IT governance set by ISO/IEC 38500," and who must "manage risks, encourage the exploitation of opportunities arising from the use of IT." Expect the exam to probe the standard's principles and vocabulary, the evaluate-direct-monitor model, framework design and improvement, and the alignment of technology strategy with business strategy, including IT investment and project governance. The ISO/IEC 38500 Lead IT Governance Manager study guide has 4 sections and about 1,503 words.
01Fundamental concepts and principles of IT corporate governance based on ISO/IEC 38500
This domain checks whether you can distinguish governance from management, explain ISO/IEC 38500's principles-based approach, and apply the six principles to realistic board-level decisions. ISO/IEC 38500 treats governance of IT as the system by which the current and future use of IT is directed and controlled.
365 words, about 2 min02IT governance model and the evaluate, direct and monitor (EDM) cycle
You must describe Evaluate–Direct–Monitor as a continuous, delegated-but-accountable cycle at governing-body level, and place each task correctly in a scenario. Evaluate gathers evidence before commitment: current and future use of IT, strategy fit, proposals, internal and external supply arrangements, risk appetite, capability and performance.
341 words, about 2 min03Establishing, implementing and continually improving an IT governance framework
Whether you can design a governance framework tailored to an organization, implement it so it changes decisions, and keep improving it - rather than simply naming a product such as COBIT. A framework is the structures, processes, decision rights, policies, metrics, assurance and culture through which the governing body evaluates, directs and monitors IT.
387 words, about 2 min04Managing IT risks, exploiting IT opportunities and aligning IT with business strategy
How the governing body sets and uses risk appetite, exploits IT opportunities for value, and keeps IT aligned with business strategy - the Strategy, Acquisition and Performance principles in practice. Alignment is continuous.
410 words, about 2 min