Assignment : Case study (Task A) and IT Research (Task B) PLEASE NOTE: For both the tasks (A &B) use the in-text citation and provide the reference list. Task A (10 Marks): 500 Words Case study -...

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Assignment : Case study (Task A) and IT Research (Task B) PLEASE NOTE: For both the tasks (A &B) use the in-text citation and provide the reference list. Task A (10 Marks): 500 Words Case study - topic: The 20 Most Successful Technology Failures of All Time Research a case of your choice from:  http://time.com/4704250/most-successful-technology-tech-failures-gadgets-flops-bombs-fails/,  · Why did the technology fail? · Was the failure related to a system (aka technology) failure or technology management failure? · Suggest strategies that the company could use to manager delivery of the technology to the market place more successfully  Task B (15 Marks): (Task B: 4 pages (2-column format); Task B: one pg) Write a paper, 4 pages (2-column format) in length, on a topic covered in our textbook. For this assignment, you need to plan, research, and, use your initiative to express the knowledge you learnt in this subject as well as your own independent thinking and reasoning. · IT Risk Management – Selected topic · Write about how issues grading the risk? · Risk Impact issues? Please use the below format in order to complete this assignment. Approach IT Risk Management interested topic selected. Read our text carefully followed by detailed research. Once this is done, you should set up a structure/a series of subtopics and decide what to write under each section (subtopic). Here is the structure to be followed: Abstract: a condensed summary. If someone reads your abstract only, he/she should understand your main points. You may want to write this section last; Index terms: list the key words used in your paper; Introduction: introduce the topic you are going to write about. This section must be related to the topics you learnt during the Session. However, you should branch out by carrying out your own research to enhance this section; Subtopics and supporting argument: write a series of body paragraphs with sub-points; Conclusion: Many students get confused between the conclusion and the abstract. In the conclusion, you can reflect on how your topic relates to larger issues; evaluate the concepts you have presented; issue a call for action on the part of your audience; ask questions generated by your findings; make predictions, recommend a solution or give a personal statement about the topic. With this structure in order, you have a skeleton for your paper: you can now begin by writing out your analyses of the passages you have chosen. As you write and revise, you may have the need to add to your analyses or to re-order your chosen arguments. Using a structure as the skeleton for a paper in this way can carry you more than halfway to a completed draft.
Answered Same DaySep 15, 2021ITC540Charles Sturt University

Answer To: Assignment : Case study (Task A) and IT Research (Task B) PLEASE NOTE: For both the tasks (A &B) use...

Dilpreet answered on Sep 18 2021
147 Votes
IT RISK MANAGEMENT
Abstract
This paper describes IT risk management. The paper also includes an index of the key terms in IT risk management along with a brief introduction of the topic. Further risk management process in the IT
industry has been defined. The paper also discusses the strategies and practices in IT risk management. Risk assessment has been discussed in this paper along with its impact. Risk impact issues are also discussed. The paper then concludes with the evaluation of the theory and concepts presented in the research paper.
Index terms
Key words used in this paper are:
1. FMEA
2. Fault tree analysis
3. IT risk management
4. IT risk management process
5. It risk management checklist
6. Issue grading risk
7. Risk management
8. Risk management plans
9. Risk registers
10. Risk rankings
11. Risk management strategies
12. Risk management practices
13. Risk assessment
Table of contents
Introduction    5
IT risk management processes    5
Strategies in IT risk management    6
Practices in IT risk management    6
Risk assessment    7
Tools used in IT risk management    7
Risk impact assessment    8
Conclusion    8
References:    9
7
Introduction
It risk management refers to the application of risk management principles to an IT organisation so that the risks associated with the fields can be managed. As described by Schwalbe (2015) Risk management includes identifying, analysing and responding to risks associated with the IT industry. It risk management includes building of risk management plans, risk registers, risk rankings etc. It risk management helps to determine the uncertainty which may occur along with preventive measures and corrective actions which could be taken to control the impact of risks on the IT organisation. It risk management has its own processes, strategies and practices which are described in the following sections of this paper.
IT risk management processes
The IT risk management process is carried out in 6 steps:
1. Identifying the risks: nature of the risk is determined along with effects it might have on the business.
2. Assessing the risks: It risk assessment is carried out to know the seriousness of each risk to the business and prioritize them accordingly.
3. Mitigating the risks: Likelihood of occurrence of risks is...
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