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ITC596 - IT Risk Management assignment

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Charles Sturt University

   

IT Risk Management (ITC596)

   

Added on  2020-03-07

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The below document discusses IT Risk Management. The various questions which have been discussed related to IT Risk Management is "Applicability of PDCS cycle to Risk Management " and " Identification of the key aspects of ISO/IEC 27001:2013 standard".

IT Risk Management Part B
IT Risk Management Part C

ITC596 - IT Risk Management assignment

   

Charles Sturt University

   

IT Risk Management (ITC596)

   Added on 2020-03-07

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Running head: IT RISK MANAGEMENTIT risk managementName of the student:Name of the university:Author Note
ITC596 - IT Risk Management assignment_1
1IT RISK MANAGEMENTTask 1: 1. Exercise 1: 1.1. Applicability of PDCS cycle to Risk Management as described in AS/NZS ISO/IEC 31000:2009:The AS/NZS ISO/IEC 31000:2009 framework has been mirroring the planning and checkingthe act of PDCA cycle. This has been common for every design of the management systems. Thestandard has been stating that the PDCA cycle has not been intended for prescribing the managementsystem. It has been assisting the organizations in integrating the risk management in its entiremanagement system (Bricker, 2017). The statement has been encouraging the organizations in beingflexible to include the elements of the cycle as required. The primary elements of the cycle havebeen including the policy and the governance. This has been delivering the mandate anddemonstrating the commitment of that organization. It has also been including the program design ofthe entire cycle to manage the risk on the ongoing basis. The next one is the implementation of theprogram and structure of risk management. There has been also the reviewing and monitoring(Broadleaf.com.au, 2017). This is meant to oversight the performance and the structure of themanagement system. Lastly there has been the continual improvement of the performances of theentire management system. 1.2. Shortcomings of the PDCA cycle: One of the major shortcomings of the PDCA cycle has been that it has been inherentlyreactive. Though it has been the circular paradigm, it has been assuming that all the things have beenbeginning with the planning. This has not always been the case in the real life situations. It has beenchanging at time the circular rigid order that could have provided the better results.
ITC596 - IT Risk Management assignment_2

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