Three dimensions of risk management | CMGT442 Information Systems Risk Management | University of Phoenix

  THIS will be the same Organization for ALL of these ***

Choose an organization from the education, financial, or healthcare 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
  • Risk      assessment and continuity plan
  • Request      for proposal for new web servers
  • Monte      Carlo method

You have been asked by the CIO of the organization you chose to create 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 three dimensions of risk management.

The three 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 which describes each of the three dimensions, its definition, 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 an third-party governance to provide network support

Note: Media-rich presentations should include multimedia such as graphics, pictures, video clips, or audio.

Part B:

Create a 1-page Microsoft® Word Summary Guide on this presentation. Include the following:

  • Risk considerations during the development and implementation of information systems
  • The  importance of Information systems risk management
  • A  summary of the organizational risk management framework
  • The risk register of the highest risk of information security to the organization

GREAT tips:

Include a heading for the various bullet items above in the Word Document.

Share your APA format required References.

A common error is for students to skip including media in the PowerPoint.

The Slide or page count does NOT include the required Cover or References page.