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    Risk Management Plan for IT Managers

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    You will use the project scenario you worked on in Unit I. In addition to the Unit I information, your boss has given you a budget of $7 million to complete the projects you have on the table. You will be working with the marketing department, the IT department, and the school-level division department throughout the next three years in order to complete these projects. Also remember that you do not have all the resources you need for the multi-media project.
    The textbook revisions and Engineering project come from your department and use writers, editors, and, instructional designers. The writers and instructional designers must rewrite the textbooks and send them to the editors. The final products are then sent to the publishing department.
    The task force project will include instructional designers from your department, (some of the same ones who need to work on the textbook revisions), marketing associates, the manager from the education department of your company, the IT manager, a person responsible for writing the proposal, and an expert from your company in the areas of Business, Criminal Justice, English, and Psychology.
    The multi-media project will require the best resources you have including your best instructional designer, writer, and editor; your in-house Biology expert; the IT Manager; and a media consultant from outside the company.
    Your assignment should be at least 300 words in length.

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    Solution Preview

    The response addresses the query posted in 511 words with APA references

    //In the execution of information technology projects various risk arise such as the human resource risk, financial risk, and technology risk. In this context, the risk identification, prioritization, and risk mitigation has been discussed in the present paper. //

    Risk Management Plan:
    Winro is taking the software up-gradation project for which risk management plan is very crucial so as to foresee and identify the related risks, estimate the impact on the organization, and prepare the response to the risk identified based on the evaluated impact (Schwalbe, 2013). The entire process of risk management has been done in three steps discussed below:

    Risk Identification:

    In this step, all the potential risk to the organization are identified by ...

    Solution Summary

    The expert examines the risk management plan for IT managers. The response addresses the query posted in 511 words with APA references