Research and include the following: Security Risk Mitigation Plan: Develop education plan for employees on security...

Research and include the following:

Security Risk Mitigation Plan:

Develop education plan for employees on security protocols and appropriate use.
Provide risk response.
Avoidance
Transference
Mitigation
Acceptance
Address change Management/Version Control.
Outline acceptable use of organizational assets and data.
Present employee policies (separation of duties/training).

Expert Solution

The risk response planning involves determining ways to reduce or eliminate any threats to the project, and also the opportunities to increase their impact.
Project managers should work to eliminate the threats before they occur. Similarly, the project managers should work to ensure that opportunities occur.
Likewise, the project manager is also responsible to decrease the probability and impact of threats and increase the probability and impact of opportunities.

For the threats that cannot be mitigated, the project manager needs to have a robust contingency plan and also a response plan if contingencies do not work.

It is not required to eliminate all the risks of the project due to resource and time constraints. A project manager should review risk throughout the project.
Planning for risks is iterative. Qualitative risk, quantitative risk, and risk response planning do not end ones you begin work on the project.

Risk Response Strategies

The choices of response strategies for THREATS include:

AVOIDANCE: Focus on eliminating the cause and thus, eliminating the threat.

MITIGATION: There are certain risks that cannot be eliminated. However, their impact can be reduced. This is termed as mitigation of risks.

TRANSFERENCE: Transfer the risk to some other party. Insurance purchases, warranties, guarantees, etc are examples of risk transfers

ACCEPTANCE: Passive acceptance leaves action to be determined as needed, in case of a risk event.
Active acceptance may involve contingency plans to be implemented if the risk occurs and allocation
of time and cost reserves to the project. A decision to accept risk must be communicated to stakeholders.

Address change Management/Version Control: Project Management Plan can be updated by new work activities/packages
that could be added, removed, or assigned to different resources, thus, making planning an iterative process.

venereology answered 7 months ago

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