Question

you are an information technology (it) intern working for health network, inc. (health network), a fictitious health services organizationheadquartered in minneapolis,minnesota. health networkhas over 600 employees throughout the organization and generates $500 million usd in annual revenue. the company has two additional locations in portland, oregon and arlington, virginia, which support a mix of corporate operations. each corporate facility is located neara co-location datacenter, where production systems are located and managed by third-party datacenter hosting vendors.

Answer 1

The following are the main risk management dangers to Health Network, Inc. (Health Network), an imaginary provider of healthcare services with its headquarters in Minneapolis, Minnesota:

1. Data loss at the company as a result of hardware removal from systems used for production.

2. Loss of corporate data on stolen or lost company property, such as laptops and mobile devices.

3. Customer loss as a result of production interruptions brought on by numerous occurrences, such as natural catastrophes, change management, unreliable software, etc.

4. Internet dangers resulting from corporate products being available online.

5. Threats from within.

6. Modifications to the legal environment that could have an effect on operations Management Requests.

RISK MANAGEMENT PLAN

Introduction to risk management :

A risk management plan is a document that a project manager creates to identify risks, predict their effects, and specify solutions to problems. It is said that prevention is better than cure, and this is true in all spheres of life. "An uncertain event or situation that, if it occurs, has a positive or negative effect on a project's objectives" is what is meant by the term "risk." Project managers should continuously assess risks and create plans to address them because they are a part of every project. In the event that typical issues materialize, the project will not be derailed thanks to the mitigation measures in the risk management strategy, which analyzes anticipated risks with both high and low impact.

A risk management strategy is essentially a step-by-step instruction manual that identifies and anticipates events that could endanger the project and suggests solutions to mitigate the risk. The project risk management plan, which is typically included in the project business plan, is a summary of the project risk management strategy that the project manager and team have chosen to use. This project risk management plan is developed at the beginning of the project.

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