Homework: Risk Management Project
Length: 4 to 6 pages.
Risk management is an important process for all organizations. This is particularly true in information systems, which provide critical support for organizational missions. The heart of risk management is a formal risk management plan. This project allows you to fulfill the role of an employee participating in the risk management process in a specific business situation.
Project: Risk Management Plan Outline and Research
For the first part of the assigned project, you will create a partial draft of the risk management plan. To do so, follow these steps:
1) Research risk management plans.
2) Create an outline for a basic risk management plan with anticipated section headings (as indicated in this numbered list). This plan will include a qualitative risk assessment, which is addressed later in the project.
3) Write an introduction to the plan by explaining its purpose and importance.
4) Define the scope and boundaries of the plan.
5) Research and summarize compliance laws and regulations that pertain to the organization. Keep track of sources you use for citation purposes.
6) Identify the key roles and responsibilities of individuals and departments within the organization as they pertain to risk management.
7) Develop a proposed schedule for the risk management planning process.
8) Create a draft risk management plan detailing the information above. Format the plan similar to a professional business report and cite any sources you used.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.