In an age of globalization, widely distributed systems, and rapidly
advancing technological change, IT professionals and their managers
must understand that risk is ever present. The key to project
success is to identify risk and subsequently deal with it. The
CIO's Guide to Risk addresses the many faces of risk, whether it be
in systems development, adoption of bleeding edge tech, the push
for innovation, and even the march toward all things social media.
Risk management planning, risk identification, qualitative and
quantitative risk analysis, contingency planning, and risk
monitoring and control are all addressed on a macro as well as
micro level. The book begins with a big-picture view of analyzing
technology trends to evaluate risk. It shows how to conceptualize
trends, analyze their effect on infrastructure, develop metrics to
measure success, and assess risk in adapting new technology. The
book takes an in-depth look at project-related risks. It explains
the fundamentals of project management and how project management
relates to systems development and technology implementation.
Techniques for analyzing project risk include brainstorming, the
Delphi technique, assumption analysis, and decision analysis.
Metrics to track and control project risks include the Balance
Scorecard, project monitoring and reporting, and business and
technology metrics. The book also takes an in-depth look at the
role of knowledge management and innovation management in
identifying, assessing, and managing risk. The book concludes with
an executive's guide to the legal and privacy issues related to
risk management, as well overviews of risks associated with social
media and mobile environments. With its checklists, templates, and
worksheets, the book is an indispensable reference on risk and
information technology.
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