Posted: February 22nd, 2022

Defining the Scope and Structure for an IT Risk Management Plan

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LAB: Defining the Scope and Structure for an IT Risk Management Plan
Assignment Overview
Risk management requires understanding the threats that exist, how impactful each threat is, and the actions that can be taken to mitigate risks. This lab covers information technology (IT) risk management within the seven domains of an IT infrastructure. During this lab, you will review the risk management process. Then, you will expand upon the scope for your IT Risk Management Plan by further defining the risk using the Risk Equals Probability Times Impact table provided with this assignment. This table sets the stage for your risk assessment, which is covered in the next unit. You can use the assessment worksheet included with the lab as a study guide, but you will not submit it with your lab report.
Assignment Instructions
Complete Steps 110, 12, and 13 only for Lab 3 (pages 18 and 19) in your lab manual. Follow the instructions provided.
Complete the Risk Equals Probability Times Impact table found in the Resources for this assignment.
Add the Risk Equals Probability Times Impact table to your draft IT Risk Management Plan.
Assignment Criteria
Your assignment must meet these criteria, please refer to the scoring guide for this assignment.
Describe the process for IT risk management.
List the risk, threats, and vulnerabilities for each domain of an IT infrastructure.
Describe the impact risk has for each identified threat.
Relate identified risks, threats, and vulnerabilities and the potential impact of each in an IT risk management plan for a given organizational context.
Use style and vocabulary generally appropriate to the message and intended audience.
Assignment Requirements
Lab Report: Lab report with elements described in the assignment criteria. This report is considered a professional document and should therefore follow the corresponding Academic and Professional Guidelines, including single-spaced paragraphs.
IT Risk Management Plan: IT Risk Management Plan draft aligned with the IT Risk Management Plan template. The IT Risk Management Plan is considered a professional document and should therefore follow the corresponding Academic and Professional Guidelines, including single-spaced paragraphs.
Written communication: Written communication is free of errors that detract from the overall message.
APA formatting: Resources and citations are formatted according to APA (6th edition) style and formatting.
Font and font size: Times New Roman, 12 point.

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