Apply: Summative Assessment: Three 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: 

  • 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.