w2-risk-catastrophe-IT-Risk-Management-Plan

W2 Lab 2

IT Risk Management Plan

Every company needs to take risks to thrive, but not too much risk which could be catastrophic. Finding the balanced amount of risk requires identifying what opportunities (or threats) are present, understanding how significant each of them is, recognizing what action to take to smartly handle both opportunities and risks, and lastly, monitoring all of the above, including discovering more prospects and threats. All told, this is called risk management. Specific to the seven domains of the IT infrastructure, this lab will cover IT risk management.

In this lab, you will define the purpose of an IT risk management plan, you will define the scope for an IT risk management plan that encompasses the seven domains of a typical IT infrastructure, you will relate the risks, threats, and vulnerabilities to the plan, and you will create an IT risk management plan outline that incorporates the five major parts of an IT risk management process.

Learning Objectives

Upon completing this lab, you will be able to:

Define the purpose and objectives of an IT risk management plan.

Define the scope and boundary for an IT risk management plan to encompass the seven domains of a typical IT infrastructure.

Relate identified risks, threats, and vulnerabilities to an IT risk management plan and risk areas.

Incorporate the five major parts of an IT risk management process into a risk management plan’s outline.

Craft an outline for an IT risk management plan, which includes the seven domains of a typical IT infrastructure and the five major parts of risk management and risk areas.

Deliverables

Upon completion of this lab, you are required to provide the following deliverables to your instructor:

1. Lab Report file;

2. Lab Assessments file.

Click here to view your lab rubric.