Fundamental of Projects Management

Risks identifiedRisks identified0
IT RISK MANAGEMENT- Regional gardens
Name of the Student
Name of the University
Author Note

IT RISK MANAGEMENT
Table of Contents
Risks identified................................................................................................................................2
Summary of the impact....................................................................................................................2
Mitigation of risks............................................................................................................................3
Residual risk assessment..................................................................................................................3
Prioritization....................................................................................................................................8
Bibliography....................................................................................................................................9

IT RISK MANAGEMENT
Risks identified
The regional gardens ltd is an organization that aims at running a huge number of related
gardening enterprises. The company also owns their regional gardens nursery that sells plants
and garden towards the public. However the organization is facing serious challenges with
managing the services and the staffs that are associated with the organization.
 R1- The key risks that are identified within the organization are that the administration
system within the organization is haphazard.
 R2- the Company faces serious issues with storage as disks gets fill up regularly. The
company lacks in having proper monitoring system.
 R3- the Company does not have any proper firewall or security system. This makes the
system of the organization vulnerable towards the hackers.
 R4- The system within the organization does not have any proper anti-virus.
 R5- The lacks backup or disaster recovery systems.
 R6- The organization does not have any rules for setting passwords for protecting the
personal computer and this sometimes gives access towards the hackers.
Summary of the impact
The risks that are identified within the organization are large in number and thus there is
a need to ensure that the risks have been identified successfully so that the impacts can be
reduced. The organization lacks proper system monitoring and accountability system that
hampers the performance. Thus there is a need to ensure that proper system has been included
within the organization that will be capable of protecting the data from attackers.