Risk Assessment .

This article discusses risk management policies and mitigating processes for financial and business risks. It also covers the incorporation of business continuity best practices and the construction of a security policy program for organizational processes. The article provides insights into the importance of planning, organizational structure, innovation, and system-specific security in mitigating risks. It also highlights the benefits of implementing business continuity and meeting legal obligations. The article concludes with references to relevant literature.

Running head: RISK ASSESSMENT
Risk Assessment
Name of the Student
Name of the University
Author Note

RISK ASSESSMENT
Table of Contents
Part 1................................................................................................................................................3
Part 2................................................................................................................................................4
Part 3................................................................................................................................................4
References........................................................................................................................................6

RISK ASSESSMENT
Part 1
Risk management policies of an organization are as follows: -
 Financial risk
 Business risk
The mitigating process that must be implemented are as follows: -
 Financial risk can be avoided with the help of the strategic investment in business
organization. In case the management of the business organization is performed with the
help of planning, it gets obvious that financial risks that are present will get mitigated.
This is one of the main causes that leads to better management of the financial issues
(Nikolopoulou, Martin & Dalton, 2016). Planning before starting of the project is one of
the main mitigation methodology that must be implemented in order to commence the
project with least financial issues. The category of risk mitigation falls under the
projection of organizational policies along with advisory role (Alzate & Alberto, 2017).
 Business risks can be diversified in between internal and external risks. Internal risk
mainly deals with the operational issues that are present in the business organization. This
is one of the main reason that the projection of the management of the business
organization gets affected (Halderman & Teague, 2015). For mitigating this problem the
main thing that must be taken into consideration includes the fact that the management
process gets better with the help of the implementation of the operational structure. This
is one way that must be implemented in order to keep the business organization away
from internal issues. Structuring of organization is termed to be one of the main issue that
can be performed with the help of the better organization formation. Organizational

RISK ASSESSMENT
policies must be implemented in order to completely mitigate the issues that are present
and are needed to be mitigated. In case of external issues the issues that are related to the
competition that are present due to the competition that is provided by the other
competitors of the business organization. In order to complete the business management
with the help of the proper commencement of the earning that will be made will not get
distributed among the other business organization (Nelson & Staggers, 2016). To avoid
this competition bringing in innovation in the products of the business organization. In
case innovation in the products are brought in the business profanation will have an edge
over their competitive business organization. System Specific Security must be
implemented in mitigating the issues that are present in the course of management.
Informative advisory regulatory issues will be required for the better management of the
project.
Part 2
Mention about how you will incorporate business continuity best practices into your paper.
 Minimising the disruption effect that might affect the business organization in a negative
manner
 Reduction of the risk that might occur in the financial aspect
 Retention of the company brand is also one of the major advantage that is provided
 Meeting legal obligation also acts as a benefit of implementing business continuity
Part 3
Construct the applicable security policy program for the organizational processes
 Access: Accessing to the required system is required

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 Plan: Planning according to the need of the product
 Deliver: Delivering the plan
 Operate: Operate in accord to the requirement
 Implementation of e-commerce for marketing of the products

RISK ASSESSMENT
References
Alzate, F., & Alberto, F. (2017). Characterization, Modelling and Implementation of TSO:
Security Process and its Application in the Operational Planning of Sustainable Electric
Power Systems. kassel university press GmbH.
Halderman, J. A., & Teague, V. (2015, September). The new south wales ivote system: Security
failures and verification flaws in a live online election. In International Conference on E-
voting and Identity (pp. 35-53). Springer, Cham.
Nelson, R., & Staggers, N. (2016). Health Informatics-E-Book: An Interprofessional Approach.
Elsevier Health Sciences.
Nikolopoulou, M., Martin, K., & Dalton, B. (2016). Shaping pedestrian movement through
playful interventions in security planning: what do field surveys suggest?. Journal of
Urban Design, 21(1), 84-104.