CIS 599 Risk-Mitigation Options and Strategies
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53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
CIS 599 Risk-Mitigation Options and Strategies
CIS 599, Risk Mitigation, Options, Strategies
There are two discussions here that need to be responded to thoroughly. Responses must be on APA format 150+words 1-2 legitimate verifiable sources per response.
CIS5599 discussion 1 post responses.
Respond to the colleagues posts regarding:
“ITPM Best Practices” Please respond to the following:
- Explain how ITPM best practices can facilitate process change within an organization. Determine if ITPM would be used differently depending upon the industry in which it was used. Explain your answer.
- Evaluate the four risk-mitigation options and strategies. Give your opinion as to what circumstances would warrant each strategy.
KJs post states the following:
Explain how ITPM best practices can facilitate process change within an organization. Determine if ITPM would be used differently depending upon the industry in which it was used. Explain your answer.
ITPM is increasingly recognized as a management discipline to improve returns on IT investments and overall align IT with the business. ITPM has become a critical component in the IT business lexicon (Lane). ITPM begins by identifying the business capabilities and/or business processes of the company and linking them to applications.
IT leaders can then clearly understand how each application supports business activities. The IT team can track costly redundant applications easily, when it is known that two or more applications support the same capability. ITPM can be used in all industries. It allows IT managers to rank each application and decide which application they want to invest in, eliminate or upgrade.
Lane, D. (2011). Chief Information Officers Body of Knowledge: People, Process, and Technol. John Wiley & Sons
Gomane, G. (2017, September 28). How ITPM and ITSM together create value for IT departments. Retrieved from https://community.mega.com/t5/Blog-EN-Business-IT/How-ITPM-and-ITSM-together-create-value-for-IT-departments/ba-p/14242
Evaluate the four risk-mitigation options and strategies. Give your opinion as to what circumstances would warrant each strategy.
The four stages of risk mitigation options and strategies are
Avoid the risk – In this step, action is taken to avoid any exposure to the risk. One way to avoid the risk will be the either cancel the project
- Transfer the risk – this step is when the risk is handed off to a willing third party. This can meet outsourcing some applications or services like payroll or using a contractor to manage the network or security.
- Mitigate the risk – In this step, actions are taken to fix or lower the risk. This may including purchasing equipment or services to help.
- Accept the risk – In this step, companies can use to accept the risk if it is low
CIS599 discussion 2 post responses.
Respond to the colleagues posts regarding:
“Project Costing and Business Continuity” Please respond to the following:
- Explain why any proposed process change requires cost estimating. In your opinion, determine whether or not cost estimating is a critical part of analyzing the feasibility of projects. Support your answer.
- Assess business continuity planning (BCP) as a process that adds business value. Explain the correlation between business value and project cost estimation as they relate to BCP. List and support three business justifications for business value outweighing the possible cost estimation when considering BCP.
RD’s post states the following:
“Project Costing and Business Continuity” Please respond to the following:
Explain why any proposed process change requires cost estimating. In your opinion, determine whether or not cost estimating is a critical part of analyzing the feasibility of projects. Support your answer.
Cost estimation plays a huge role in determining whether a project is feasible. Going into a project, the PM may request a ROM to determine if the project is worth getting further information. This ROM should be provided with assumptions on how the cost was determined.
The project cost estimate is then conducted to determine the budget and feasibility of the project. Cost estimates can be parametric (CoCoMo), analogic (Delphi, or expert judgment), WBS, top-down, bottom-up, or a combination of different techniques.
Cost estimation is a critical component of the project. Accurate cost estimates can help choose the vendor and plan the budget. A bad cost estimate can result in over/under budgeting, which can result in having too many resources or not enough.
Assess business continuity planning (BCP) as a process that adds business value. Explain the correlation between business value and project cost estimation as they relate to BCP. List and support three business justifications for business value outweighing the possible cost estimation when considering BCP.
A CIO should play a major role in the Business continuity planning process as data is one of the most important aspects of an IT business. Data is equal to money. By conducting BCP, the organization can determine the value of the organization and put steps into place. “Measuring the business value of BCP is tricky.” (Lane, 2011)
Lane, D. (2011). Chief Information Officers Body of Knowledge: People, Process, and Technol. John Wiley & Sons.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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