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RISK MANAGEMENT PLAN 1 RISK MANAGEMENT PLAN Name of the Student Name of the University Author's Note

   

Added on  2020-04-15

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Leadership Management
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Running head: RISK MANAGEMENT PLANRisk management PlanName of the StudentName of the UniversityAuthor’s Note
RISK MANAGEMENT PLAN 1 RISK MANAGEMENT PLAN Name of the Student Name of the University Author's Note_1

1RISK MANAGEMENT PLANTable of Contents1. Outline of the Risk management plan.........................................................................................22. Updating proposed schedule for the risk management planning process.................................113. Identification of roles and responsibilities of individuals and departments within theorganization as they pertain to risk management..........................................................................144. Development of proposed schedule for the risk management planning process.......................165. Prioritize most significant risks for AEKC................................................................................196. Risk treatment strategy..............................................................................................................217. BIA, BCP and DRP plans..........................................................................................................227.1 Business impact analysis.....................................................................................................227.2 Business Continuity Plan.....................................................................................................227.3 Disaster Recovery Plan........................................................................................................23References......................................................................................................................................24
RISK MANAGEMENT PLAN 1 RISK MANAGEMENT PLAN Name of the Student Name of the University Author's Note_2

2RISK MANAGEMENT PLAN 1. Outline of the Risk management planThe risk management plan for AE Kalina Cycle is outlined below:RiskDescriptionLikelihoodConsequence Priority Mitigationplan Presence ofimpropercorporatecultureIn spite of thehealthybusinessprospects forAEKC, it isidentified thatcorporateculture of thecompany isnotappropriateand not whatis imaginedbythefounders ofthe company.The problembehind thecorporateculture of thecompany isimpropermanagementand as well asabsence ofproper rulesandregulations.In addition tothisthecompanyfaces lot ofoperationalissues thatspoiled thecorporateculture of theLowHigh8It isidentified thatin order tohave propercorporateculture withinthe company,it is quiteimportant forthe companyto followsome properstrategies thatwould behelpful Iresolving theissues thatthe southcoastcompanyfaces.Additionallythe companyalso needs totake propersteps inmitigating theoperationalissues.
RISK MANAGEMENT PLAN 1 RISK MANAGEMENT PLAN Name of the Student Name of the University Author's Note_3

3RISK MANAGEMENT PLANcompany(Larson andGray 2013). OperationalissuesThecompanyfaces lot ofoperationalissues andthis is mainlydue to theoverburdenedaging of theenterprisesystem of thecompany.Additionally,theoperationalissues createslot of otherproblem inthe companytherefore it isquiteimportant forthe companyto take properstep in orderto resolve theissue.MediumMedium5 In order toresolve theissues thatthe companyfaces due tooverburdenedaging of theenterprisesystem it isquiteimportant forthe companyto update itssystemregularly. Inaddition tothis, thepressure ofthe workmust bemanagedproperly sothat thesystem doesnotgetoverburdened(Schwalbe2015). Rise innumber ofvirusesIt isidentified thatthere aresubstantialrise in thenumber ofviruses in thedifferentemailattachmentsthat aregenerallyscanned bytheITdepartment ofHighHigh1 In order toresolve ormitigate theissues relatedwith Phishingas well asemail viruses,it is quiteimportant toutilize propersecuritymeasures.The companymust guardagainst spam,
RISK MANAGEMENT PLAN 1 RISK MANAGEMENT PLAN Name of the Student Name of the University Author's Note_4

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