Might an effective risk management plan be considered a process that may restore all systems, businesses, processes, facilities, and people? What are the major issues to consider? (300 words)
Find a current article about risk assessment and discuss its relevance to this week’s individual assignment. (300 words)
This week’s individual assignment: (FOR VIEWING ONLY, THIS IS NOT REQUIRED TO BE COMPLETED)
Create a risk assessment matrix for the purchase and integration of six new web servers for a start-up Internet firm.
– Begin with RAM Template (with example) Exel file attached here to the assignment desription. Populate with at least five risks of your choosing.
– Based on a template from the course texts or your research, create a matrix of your own, which lists risks, probability and impact (scores 1 for low through 5 for very high), and then multiple the two numbers for each risk to attain a a risk score. Add a column to your matrix to summarizing mitigations for each of the risks.
– Wite an approximately one and one-hlaf to two page summary explaining why your risks were placed where you’ve placed them on the grid and any additional considerations for risk priorities.