Dimensions of Risk Management 

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Choose an organization from the education, financial, or health care sector to study throughout this course. Each week you explore different aspects within the IT division of the organization, including:

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  • 3 dimensions of risk management
  • Potential risks during a server       database migration
  • Request for proposal for new web       servers

Imagine you’ve been asked by the CIO of the organization you chose to create a Microsoft® PowerPoint® presentation, along with an accompanying summary guide handout, for the managers of the IT, accounting/finance, and engineering departments to inform them of the 3 dimensions of risk management (risk identification, risk assessment, and risk mitigation).

The 3 dimensions of risk management shape the organizational framework of project risk management and determine the degree of freedom used to classify various realizations of uncertainties, resulting in a formalized systematic analysis of physical systems.

Research information about the organization you chose to complete this week’s assignment.

Part A: 

Create a 4- to 6-slide, media-rich Microsoft PowerPoint presentation that describes each of the 3 dimensions, including their definitions, values, and importance to your company. Identify the potential security risks to an organization in each of the following outsourcing situations:

  • The implementation of an external       service provider for data/security protection
  • The use of contractual service       providers for processing information systems applications such as a       payroll, human resources, or sales order taking
  • The use of an offshore company to       support your desktop computers
  • The use of a third-party governance       program to provide network support

Note: Include multimedia such as graphics, pictures, video clips, or audio in a media-rich presentation.

Part B: 

Create a 1-page Microsoft Word Summary Guide on your presentation.

Include the following:

  • Discuss risk considerations during the       development and implementation of information systems
  • Discuss the importance of information       systems risk management
  • Summarize the organizational risk       management framework
  • Include the risk register of the       highest risk of information security to the organization

Include APA-formatted citations to support your assignment.

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