CMGT 442 Wk 2 – Apply: Summative Assessment: Three Dimensions of Risk Management

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.

Submit your assignment.