logo

Project Management in Information Technology Assignment

   

Added on  2021-06-14

14 Pages818 Words33 Views
Project Management in Information Technology Risk Management in Banking IndustryName of the student:Name of the University:

INTRODUCTIONIn order to avoid risks, protect the valuable assets and industrial exposures the process of risk management is used by the project executives. For this specific report the risk management program is strictly focused on banking industry. The banking industry operates two different sectors and units such as deficit unit and surplus unit. Both of these units are economic units and preferred by the project heads during fund transactions.

Introduction (contd.)Three various risk management software are nominated for representing this report their advantages and disadvantages are also elaborated along with cost benefit analysis and evaluation matrix. The analysis resultants gained from this research are illustrated

Significance identificationBasically for the project based management system the application of risk management software are done for highlighting its influence in a successful information System. The general process of risk management is comprises of five steps in terms of identification of risk, Risk analysis, prioritization of risks, risk monitoring and risk closure. Before the expected system flow gets interrupted the project executives should consider the possible risk sets that may occur in the banking sector and those should be analyzed and prioritized or ranked based on their complexity.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Project Management in Information Technology
|11
|2620
|63

Technology Use in Business Sectors
|19
|2110
|422

Evaluation of Risk Management Software for IT Projects
|11
|3394
|31

Vivekanandha Collage of Technology for Women Question Answer 2022
|34
|11546
|4

Business Information System - A Case Study on Netflix
|22
|2283
|68

HI6008 - Application Of DSS & Cloud Computing - Assignment
|13
|2283
|118