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IT Risk Management Guide John Spacey, November 03, 2016
Risk IdentificationBrainstorming lists of possible future losses and inefficiencies using diverse expertise, ideally entire teams are involved. Risk identification involves imagining the future and is essentially a creative exercise. It is also possible to utilize lists of known risks in a particular industry or technology area.Risk EvaluationEvaluating the probability and impact of each risk. This can be done as a single number for each or as a probability distribution that includes the probability for different levels of impact.Risk ManagementThe value of risk management derives from treatments such as risk reduction, avoidance, transfer and sharing. The process of explicitly accepting risk also adds value as it increases accountability. There is nothing wrong with taking a calculated risk. It is better to fail with "we thought this might fail and it did" as opposed to hiding in the optimism that everything will be successful until it isn't.IT RisksCommon types of IT risks.If you enjoyed this page, please consider bookmarking Simplicable.
Types of TechnologyA reasonably comprehensive list of information technologies.
Gamification Techniques
A list of gamification techniques.
Information Technology ProblemsA list of common IT problems.Types Of Cloud
The basic types of cloud computing.
IT Quality
Common types of IT quality.
Machine Data
The common types of machine data.
Types Of SoftwareThe common types of software.Proprietary Technology
A definition of proprietary technology with examples.
Systems Design
The common elements of a systems design.
Systems vs Applications
The difference between systems and applications explained.
Business RisksA list of common business risks.Risk TreatmentThe four things that can be done about risk.Risk Management Effectiveness
A metric for measuring risk management.
Positive RiskThe potential that you'll achieve too much of a good thing.Dread Risk
Any risk that people have a strong aversion too.
Risk TakingThe definition of risk taking with examples.Risk ExamplesA list of risk examples by type.Risk Probability vs Risk ImpactThe two main factors in modeling a risk.Calculated RiskA definition of calculated risk with an example.Relative Risk
How to calculate relative risk with examples.
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