The major risks of information security may be faced by Xemba Translations are due to the security of information. Meanwhile, companies of all sizes have to deal with a number growing Internet-enabled devices, where most of the "endpoints" are connected to the Internet, especially in large corporations. These include damage to brands, espionage and theft of property intellectual. The IT security breaches can also be the cause of great risks to a business. Some of these risks are most serious which means that if they cannot be overcome effectively before the occurrence of these risks in practical life, then they can easily ruin the whole project and may lead the project towards complete failure. After understanding the techniques for risk identification and after using many techniques to identify some very effective and considerable risks that may affect the whole project very deeply, we get five risks that may affect the processing of complete project of IT in Xemba Translations. This metrics will help in identifying the risk associated with the project and will assist in highlighting the likelihood of occurrence of the risk and if it has any negative effects or causes any problems what initiatives are to be taken to minimize the risk, as it is difficult to completely eliminate risk. However it is significant for firms to analyze risks associated with the project, effects it will have while development of project. It is believed that higher the risk higher would be the return a firm would earn. Risks identified for Xemba Translations IT project For tips on using APA style, please refer to the APA Handout web link included in the APA Guidelines section.Risks identified for Xemba Translations IT project4 Note: No more than a combined total of 30% of a submission can be directly quoted or closely paraphrased from outside sources, even if cited correctly. It is not necessary to list sources that were consulted if they have not been quoted or paraphrased in the text of the paper or project. Note: When using outside sources to support ideas and elements in a paper or project, the submission MUST include APA formatted in-text citations with a corresponding reference list for any direct quotes or paraphrasing. Note: For definitions of terms commonly used in the rubric, see the Rubric Terms web link included in the Evaluation Procedures section. Note: When bulleted points are present in the task prompt, the level of detail or support called for in the rubric refers to those bulleted points. When you use sources, include all in-text citations and references in APA format. Prepare an executive summary (suggested length of 2 pages) for the project sponsor that communicates your analysis and recommendations from parts A and B.ĭ. Discuss how you would mitigate or remove each problem. Discuss how three problems could affect project implementation and post-project success. Analyze three problems that currently exist based on these metrics by doing the following: a. Discuss the project’s current status based on these metrics. Justify why these metrics would be appropriate to use for this project. Explain the metrics you would use to measure the project’s performance. Strategies for prevention and mitigationī.Initial action to take if event occurs.Create an addendum to the risk assessment matrix that documents five current risks to the project, addressing each of the following points for each risk: The sponsor is expecting documentation, including metrics, that breaks down how the project teams have been performing and what current issues need to be addressed.Ī. The project sponsor is interested in keeping up to date on how the project is progressing. The updated risk assessment matrix will help the team be aware of the current risks and the specific strategies you expect to use to mitigate those risks. There was a risk assessment study done early in the project, but as it has now been several weeks since the project began, you determine that a new risk assessment should be conducted. A portion of the meeting will be focused on the current risks of the project. As the newly hired project manager, brought in to take over completion of the project, you have a milestone meeting scheduled with the project sponsor. Xemba Translations has begun the process of trying to accommodate the increased number of telecommuters at the company. Read the attached “Xemba Translations Case Study” before completing this task.
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