Risk Management Project part 1

Risk management is an important process for all organizations. This is particularly true in information systems, which provide critical support for organizational missions. The heart of risk management is a formal risk management plan. This project allows you to fulfill the role of an employee participating in the risk management process in a specific business situation.

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 Please see the attached requirements. 
Project Part 1: Risk Management Plan Outline and Research
For the first part of the assigned project, you will create a partial draft of the risk management plan. To  do so, follow these steps: 

Research risk management plans.
Create an outline for a basic risk management plan with anticipated section headings (as indicated in this numbered list). This plan will include a qualitative risk assessment, which is addressed later in the project.
Write an introduction to the plan by explaining its purpose and importance.
Define the scope and boundaries of the plan.
Research and summarize compliance laws and regulations that pertain to the organization. Keep track of sources you use for citation purposes.
Identify the key roles and responsibilities of individuals and departments within the organization as they pertain to risk management.
Develop a proposed schedule for the risk management planning process.
Create a draft risk management plan detailing the information above. Format the plan similar to a professional business report and cite any sources you used.

Submission Requirements

Format: Microsoft Word (or compatible)
Font: Arial, size 12, double-space
Citation style: Your school’s preferred style guide

Estimated length: 4–6 pages 

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