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Risk Management is an Important Factor

Risk management is an important factor in SaveWithUs' effective use of technology. Write three or four paragraphs of how risk management can improve the IT project and the policies surrounding it. Include ideas on who should be the key people involved in risk mitigation, and how you would keep them in the loop as a large IT project is implemented.

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Deborah Larsen

Risk management is an important factor in SaveWithUs' effective use of technology. Write three or four paragraphs of how risk management can improve the IT project and the policies surrounding it. Include ideas on who should be the key people involved in risk mitigation, and how you would keep them in the loop as a large IT project is implemented.

Risk management encompasses three processes: risk assessment, risk mitigation, and evaluation
and assessment. Risk management is the process that allows IT managers to balance the operational and economic costs of protective measures and achieve gains in mission capability by protecting the IT systems and data that support their organizations' missions. This process is not unique to the IT environment; indeed it pervades decision-making in all areas of our daily lives.

The head of an organizational unit must ensure that the organization has the capabilities needed to accomplish its mission. These mission owners must determine the security capabilities that their IT systems must have to provide the desired level of mission support in the face of real world threats. A well-structured risk management methodology, when used ...

Solution Summary

Solution discussess how risk management can improve an IT project.

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