Risk Assessment Approaches Research Assignment

December 7, 2022

Risk Assessment Approaches Research Assignment

Order Number	636738393092
Type of Project	ESSAY
Writer Level	PHD VERIFIED
Format	APA
Academic Sources	10
Page Count	3-12 PAGES

Instructions/Descriptions

Risk Assessment Approaches Research Assignment

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Learning Objectives and Outcomes

Use qualitative and quantitative risk assessment processes.
For a given scenario, provide qualitative and quantitative estimates.

Assignment Requirements

Imagine that you work for U.S. Industries, Inc. as a network administrator. Your company has just won a contract with the U.S. government and you have been given the responsibility to complete the project.

The project involves expanding an existing network. Your company has never traded with the U.S. government at this level. Therefore, this is your chance to prove yourself in the company.

You have just left a four-hour meeting in which you described the network expansion project to your colleagues. You explained the architecture, new enterprise-level firewall, the additional requirements for network monitoring,

the need for an additional system administrator, and the risks of not complying with Federal Information Security Modernization Act (FISMA) regulations for securely trading with the U.S. government.

The project is expected to have a total cost of $3 million USD to bring it to full operation in approximately six months. Your tasks in this project are to develop, test, and bring into production a network with these requirements in a short time frame.

This project, if executed properly, is likely to have an annual income of $20 million USD for your company. This income is a 20% premium to other sources of income, amounting to $80 million USD, that your company is expected to have in the current year.

Based on the service level agreement, service delivery requirements are expected to be on time and within the specified quality parameters of +/– 1.5% of the time with deliveries scheduled for alternating Monday afternoons.

For each month the project is late, a 2% reduction per month in the overall contract price will be levied on your company. If this reduction reaches 10%, the contract will be transferred to the second runner-up in the bidding process.

There is a lot at stake in this project. Therefore, it is imperative that you perform a good risk assessment.

For this assignment:

Estimate the qualitative and quantitative risks of bringing the project to completion: • On time • One month early • Two months late
Estimate the qualitative and quantitative risks of bringing the project to completion: • On time, but not with the required security • One month early with the required security requirements • Two months late, without the required security requirements
Estimate the qualitative and quantitative risks of bringing the project to completion on time, with the required security requirements, within/on budget, but not meeting the required contractual commitment for service.

Instructor Guide: Managing Risk in Information Systems

Required Resources

Course textbook § Internet access

Submission Requirements

Format: Microsoft Word (or compatible) § Font: Arial, size 12, double-space § Citation Style: Follow your school’s preferred style guide § Length: 2–4 pages

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Self-Assessment Checklist

I estimated the qualitative and quantitative risks of bringing the project to completion on time, one month early, and two months late.
I estimated the qualitative and quantitative risks of bringing the project to completion: o On time, but not with the required security o One month early with the required security requirements o Two months late, without the required security requirements
I identified the qualitative and quantitative risks of bringing the project to completion on time with the required security requirements, within/on budget – but not meeting the required contractual commitment for service.
The estimates and analysis agreed in context and associated costs factors. § I presented the results in a professional, well-developed report with proper grammar, spelling,

and punctuation.

Risk Assessment Approaches Research Assignment

RUBRIC

Excellent Quality

95-100%

Introduction

45-41 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Literature Support

91-84 points

The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed.

Methodology

58-53 points

With titles for each slide as well as bulleted sections to group relevant information as required, the content is well-organized. Excellent use of typeface, color, images, effects, and so on to improve readability and presenting content. The minimum length criterion of 10 slides/pages is reached.

Average Score

50-85%

40-38 points

More depth/information is required for the context and importance, otherwise the study detail will be unclear. There is no search history information supplied.

83-76 points

There is a review of important theoretical literature, however there is limited integration of research into problem-related ideas. The review is just partly focused and arranged. There is research that both supports and opposes. A summary of the material given is provided. The conclusion may or may not include a biblical integration.

52-49 points

The content is somewhat ordered, but there is no discernible organization. The use of typeface, color, graphics, effects, and so on may sometimes distract from the presenting substance. It is possible that the length criteria will not be reached.

Poor Quality

0-45%

37-1 points

The context and/or importance are lacking. There is no search history information supplied.

75-1 points

There has been an examination of relevant theoretical literature, but still no research concerning problem-related concepts has been synthesized. The review is just somewhat focused and organized. The provided overview of content does not include any supporting or opposing research. The conclusion has no scriptural references.

48-1 points

There is no logical or apparent organizational structure. There is no discernible logical sequence. The use of typeface, color, graphics, effects, and so on often detracts from the presenting substance. It is possible that the length criteria will not be reached.