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Risk Management - It's role in strategic planning

Risk Management - It's role in strategic planning

Paperback

General ComputersProgramming

ISBN10: 3640702425
ISBN13: 9783640702428
Publisher: Grin Verlag
Published: Sep 17 2010
Pages: 24
Weight: 0.09
Height: 0.06 Width: 5.83 Depth: 8.27
Language: German
Studienarbeit aus dem Jahr 2009 im Fachbereich Informatik - Wirtschaftsinformatik, Note: 1,7, Växjö Universitet, Sprache: Deutsch, Abstract: In organizations are plenty of IS/IT investments to choose from. All of these opportunities com-pete for the limited resources of the organization. The process of risk management which can be divided into the four phases of Identification, Quantification, Management/Government and Containment helps to analyze possible risks. This is necessary because every forth IS/IT projects fails1, because of non identified risks. The aim of Risk Management is to increase the probability of success of IS/IT investments2, so that the investments drive to the desired outcome and bene-fits for the organization. In the following the four steps of risk management will be illustrated with an example of a logistic company which has to decide on two investments. Additionally the role of risk management in strategic planning will be examined.

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