ITIL and COBIT- do we need another framework?
This session of the IT Executive Exchange will address how companies are implementing Information Technology Infrastructure Library (ITIL) and Control Objectives for Information Technology (COBIT) frameworks. An expert will seed our discussion with introductory remarks, and we will address questions such as: How does an IT organization go about adopting and integrating ITIL and COBIT? How are they different? Is it expensive? What are the challenges and benefits of implementing both?
According to Wikipedia, ITIL is a set of concepts and practices for managing Information Technology services, IT development and IT operations and COBIT is a set of best practices (framework) for information technology management created by the Information Systems Audit and Control Association (ISACA), and the IT Governance Insitute (ITGI) in 1996.