...------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Risk Management Plan ------------------------------------------------- Project Manager: Revision History Version | Date | Author(s) | Revision Notes | 1.0 | 09/27/2014 | | First Draft | | | | | | | | | | | | | | | | | Table of Contents Purpose and Scope 1 Risk Plan Objectives 1 Deliverables Produced 1 Deliverable 1: 1 Deliverable 2: 1 Deliverable 3: 2 Project Risks 2 Risk I 2 Risk II 2 Risk III 2 Disaster Recovery Plan 2 Types of Teams 2 In the Event of a Disaster 2 Recovery Scenarios 3 Recovery Activities 3 Purpose and Scope The risks that we can incur for this project are as follows: Injury when installing cables and towers, possible electrical issues with a number of systems drawing power around the same time, someone tapping into the company’s network as we slowly bring it up before it’s fully secured, possible attacks on the servers as they come online, or critical failure of servers as they are brought online. We are going to go over these and how we will mitigate the risks from a high risk to a lower risk. Risk Plan Objectives This project will meet the following objectives: * Objective 1 – Working in pairs so that workers can check over each other’s work to make sure it is done right the first time without injury. * Objective 2 – Before bringing networking...
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...SUPPORT@ACTIVITYMODE.COM FIS 250 COMPLETE CLASS FIS 250 Week 1 CheckPoint: Risk Management Methods FIS 250 Week 1 DQs part 1 of 2 FIS 250 Week 1 DQs part 2 of 2 FIS 250 Week 2 Assignment: Risk Management Process FIS 250 Week 2 CheckPoint: Risk Management Objectives FIS 250 Week 3 CheckPoint: Underwriting, Claims, and Reinsurance FIS 250 Week 3 DQs part 1 of 2 FIS 250 Week 3 DQs part 2 of 2 FIS 250 Week 4 Assignment: Interpreting Insurance Contracts FIS 250 Week 4 CheckPoint: Determining Loss Outcomes FIS 250 Week 5 CheckPoint: Life Insurance Needs Analysis FIS 250 Week 5 DQs part 1 of 2 FIS 250 Week 5 DQs part 2 of 2 FIS 250 Week 6 Assignment: Group Medical Expense Plans FIS 250 Week 6 CheckPoint: Group and Group Life Insurance FIS 250 Week 7 CheckPoint: Loss Settlement Payments FIS 250 Week 7 DQs part 1 of 2 FIS 250 Week 7 DQs part 2 of 2 FIS 250 Week 8 Assignment: Losses Covered Under PAPs FIS 250 Week 8 CheckPoint: PAP FIS 250 Capstone Discussion Question FIS 250 Final Project: Playing the Professional FIS 250 COMPLETE CLASS To purchase this visit here: http://www.activitymode.com/product/fis-250-complete-class/ Contact us at: SUPPORT@ACTIVITYMODE.COM FIS 250 COMPLETE CLASS FIS 250 Week 1 CheckPoint: Risk Management Methods FIS 250 Week 1 DQs part 1 of 2 FIS 250 Week 1 DQs part 2 of 2 FIS 250 Week 2 Assignment: Risk Management Process FIS 250 Week 2 CheckPoint: Risk Management Objectives FIS 250 Week 3 CheckPoint: Underwriting, Claims, and Reinsurance ...
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...Program Guidebook Master of Science, Information Security and Assurance The Master of Science in Information Security and Assurance is a competency-based degree program that encompasses the main security domains of knowledge developed following strict guidelines for information security and assurance education prescribed by the National Security Agency. Understanding the Competency-Based Approach Practically speaking, what does it mean when we say that WGU’s programs are competency-based? Unlike traditional universities, WGU does not award degrees based on credit hours or on a certain set of required courses. Instead, you will earn your degree by demonstrating your skills, knowledge, and understanding of important concepts through a series of carefully designed courses. Progress through your degree program is governed not by classes but by satisfactory completion of the required courses that demonstrate your mastery of the competencies. Of course, you will need to engage in learning experiences as you brush up on competencies or develop knowledge and skills in areas in which you may be weak. For this learning and development, WGU has a rich array of learning resources in which you may engage under the direction of your student mentor. You will work closely with your mentor to schedule your program for completing the courses. You will also work closely with additional faculty members as you proceed through courses of study that are designed to lead you through...
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...Name Course Institution Affiliated Difference between accountability and blame Human beings possess different ways of looking at things and therefore give different ideas non similar approaches due to their divergent points of view. People find it hard on the other hand to find their counterparts accountable since of difficulties in interpersonal communication. Another danger gets into the picture as people try hard avoiding situations where they blame other people and as a solution to this they tend to avoid communicating with the affected people. (Garrett, 1967).Problem causes should be pointed out therefore, without any adore and their root causes found out. This though will take time as serious conversations will need to be held in order to make them completely aware of their accountability roles and obligations. When accountability seeks to determine the objective of a given problem, blames ignores and do not undertake to find out the root cause of some problems. Accountability will therefore, undertake to align organizational objectives with some actions such as wanting some people out of the organization due to non accountability issues. Accountability will seek avoid countermeasure decisions that blames will encourage. (Garrett, 1967). Accountability will seek to find out the actual facts through understanding of the problem at hand. It also tends to disregard the reported or second hand information and data...
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...NSA Capstone Greenway Bank Project Presented by: CISSA Amed Aplicano, Ivan Armendariz, Chris Christopher, Steven Smedley, Samuel Holman Table of Content 1. Table of content…………………………………………………………………………..……1 2. Project Charter………………………………………………………………………………....2-11 3. Change Management Plan…………………………………………………………………12-15 4. Change Management Procedure……………………………………………………….16 5. Project Schedule and Gantt Chart………………………………………………………17 6. Network Activity Diagram………………………………………………………………….18-20 7. Work Breakdown Structure……………………………………………………………….21 8. WBS Dictionary………………………………………………………………………………….22-24 9. Network Logical Diagram………………………………………………………………......25-26 10. Network Physical Diagram………………………………………………………………….27 11. Server Configuration…………………………………………………………………………..28-30 12. Active Directory Schema…………………………………………………………………….31 13. Client Configuration……………………………………………………………………………32-33 14. Infrastructure Configuration……………………………………………………………….34 15. Budget/Bill of materials……………………………………………………………………….35-37 16. Quality Plan…………………………………………………………………………………………38-40 17. Risk Management Plan………………………………………………………………………..41-48 18. Meeting Minutes…………………………………………………………………………………49-66 19. Final presentation slides……………………………………………………………………..67-77 20. Progress report………………………………………………………………………………….78- 1 NT2799.U1.HO4 Greenway Bank: Project ______________________________________________________________________________ Greenway Bank Project NSA Capstone Project Charter __...
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...Video Game High School NSA Capstone Risk Management Plan Revision History revision | date | name | description | Original 1.0 | 1/20/2015 | Vester M. | Original | 1.1 | 1/27/2015 | Anita D. | Disaster | | | | | | | | | Key Personnel Contact Info Name, Title | Contact Option | Contact Number | James Thiel | Work | 1(800) VGH-TEAM x101 | Project Manager | Alternate | | | Mobile | | | Home | | | Email Address | | | Alternate Email | | | | | Vester Martin | Work | 1(800) VGH-TEAM x102 | | Alternate | | | Mobile | | | Home | | | Email Address | | | Alternate Email | | | | | Ben Bourg | Work | 1(800) VGH-TEAM x103 | | Alternate | | | Mobile | | | Home | | | Email Address | | | Alternate Email | | | | | Mike Dinsmore | Work | 1(800) VGH-TEAM x104 | | Alternate | | | Mobile | | | Home | | | Email Address | | | Alternate Email | | | | | Anita Davis | Work | 1(800) VGH-TEAM x105 | | Alternate | | | Mobile | | | Home | | | Email Address | | | Alternate Email | | Table of Contents Purpose and Scope 1 Risk Plan Objectives 1 Deliverables Produced 1 Deliverable 1: 1 Deliverable 2: 1 Deliverable 3: 1 Project Risks 1 Risk I 2 Risk II 2 Risk III 2 Disaster Recovery Plan 2 Types of Teams 2 In the Event of a Disaster 2 Recovery Scenarios 3 Recovery Activities 3 Purpose and Scope The purpose...
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...2. What is your decision regarding the 2 credit proposals? Why? Ashar Corporation: First of all, I am going to discuss the Ashar Business Credit Proposal. In this proposal, Ashar Industries Company, which is one of the largest steel companies worldwide, is asking for a $850 M credit in order to finance their acquisition of Zellmont SA, which would actually create the largest steel producer company of the world. This acquisition has not been recommended by the Zellmont board, and therefore it could be regarded as a hostile takeover at the moment. As it is seen on its financial statements, Ashar corporation has been a very healthy corporation during the past few years. We can see that they have a really stable Income Statement, with high figures regarding their revenues, EBIT, Net Income. Even though, there is a decrease of the figures from 2004 to 2005, if we check in the Balance Sheet, it can be justified by the acquisition of fixed assets and long-term debt and equity. This can be a worrying figure since the company has already long-term debt, but if we look out of the box, we should know that steel companies, in order to grow and maximize their profit, they need to acquire a lot of fixed costs, which will be the base for their operations. It can be a bit risky because if the value of the steel goes down, then the debt to asset ratio will increase. Although all these possible outcomes, and looking forward in the future of the steel industry, it is not really probable...
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...VAR as a risk management tool. VAR is one of the simple and widely used risk measures that attempt to summarise the total risk of the portfolio. Despite of its popularity within Financial Intuitions, Treasures and Fund Managers, there are frequent criticisms against its use which we will discuss in this part. One of the criticisms is that VAR focuses on the risks around the middle area of the distribution and completely ignores the tail portion which is associated with large losses. (Glasserman, Heidelberger & Shahabuddin, 2002, P239). So, the probability of the portfolio losing side has not been evaluated enough. For example, the interpretation of VAR number $904,617 calculated previously for the bank’s portfolio is that there is a 99% probability that the maximum loss will not exceed $904,617. This may not be the case if the 1% loss is of significant amount and of unpredictable nature. Measuring rare events such as Bank Robberies and Natural disasters are almost impossible. The use of historical data in such context is not sufficient enough predict the future which can lead to excessive risk taking or not hedging property. It may turn out to be like an airbag in a car that works all other times but the time of an accident. Another criticism is regarding the Subadditivety. The sum of VAR of two portfolios is actually larger than the sum of 2 VARs. The end result should be either equal or lesser than the sum because diversification actually reduces the risk. This violates...
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...HIPAA COW Risk Analysis & Risk Management Toolkit Networking Group Guide for the HIPAA COW Risk Analysis & Risk Management Toolkit Disclaimers This Guide and the HIPAA COW Risk Analysis & Risk Management Toolkit (Toolkit) documents are Copyright by the HIPAA Collaborative of Wisconsin (“HIPAA COW”). They may be freely redistributed in their entirety provided that this copyright notice is not removed. When information from this document is used, HIPAA COW shall be referenced as a resource. They may not be sold for profit or used in commercial documents without the written permission of the copyright holder. This Guide and the Toolkit documents are provided “as is” without any express or implied warranty. This Guide and the Toolkit documents are for educational purposes only and do not constitute legal advice. If you require legal advice, you should consult with an attorney. Unless otherwise noted, HIPAA COW has not addressed all state pre-emption issues related to this Guide and the Toolkit documents. Therefore, these documents may need to be modified in order to comply with Wisconsin/State law. The Toolkit provides an example HIPAA Security Risk Assessment and documents to support completing a Risk Analysis and Risk Mitigation Implementation Plan. While it covers a broad spectrum of the requirements under the HIPAA Security Rule and HITECH, it may not cover all measures needed to secure your patients’ electronic protected health information (ePHI). It...
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...Thesis for the Degree of Master of...? INCORPORATING LIQUIDITY RISK INTO VAR MODEL TO IMPROVE RISK MANAGEMENT AND APPLYING THE LIQUIDITY ADJUSTED VALUE AT RISK MODEL ON VIETNAMESE STOCK MARKET Student: Ten truong: Ten khoa hoc: September, 2012 INCORPORATING LIQUIDITY RISK INTO VAR MODEL TO IMPROVE RISK MANAGEMENT AND APPLYING THE LIQUIDITY ADJUSTED VALUE AT RISK MODEL ON VIETNAMESE STOCK MARKET by student Avised by Ten giao su Submitted to Ten khoa of Ten truong in the partial fulfilment of the requirements for the degree of Master of ...? Dissertation Committee ...Ten thanh vien hoi dong ABSTRACT In this paper, based on Bangia et. al (1999) Liquidity Adjusted Value at Risk, an explanation and demonstration for the importance of integrate liquidity risk component into Value at Risk Model are presented. The component is considered to be resulted from the exogenous liquidity risk, indeed, the bid-ask spread of a stock or a portfolio. This research is conducted from the analysis of an estimation of Value at Risk (VaR) and Liquidity adjusted Value at Risk for two portfolios containing stocks that are currently trading on Vietnamese Stock Market. After applying the Bangia Model to calculate, the backtesting will be executed to check the accuracy level of the results. The difference between the results of two portfolios, according to separate approaches will be the evidence to reach the conclusion of the research. Table of Contents List of...
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...must mitigate risk to achieve maximum profitability. Mitigating the risk can be accomplished by implementing controls. While insurance and portfolio approaches are important control strategies, they are only single components of an overall risk management plan. Implementing an internal control system will assist management in monitoring and deterring risk. Current Controls The current approaches of insurance and portfolio are valid controls. One way to mitigate risk is to transfer some of the risk to a third party. The third party willingly accepts the risk for a fee or premium. This approach is called insurance. However, this approach is limited and considered reactive as it does nothing to deter harm to company assets. In addition, there are only certain risks that insurance companies are willing to take on and others that simply cannot be insured (McCarthy & Flynn, 2004). With the portfolio approach, all departments are treated as one unit so that interrelated risks can be identified and put “in the context of all the other risks and the company’s business strategy” (McCarthy & Flynn, 2004, pg. 255). However, it does little to deter risk. Internal Control System An internal control system is an ongoing process that ensures compliance with laws and regulations, reliable financial reporting and efficient and effective operations of an organization. According to Ratcliffe and Landes (2009), “an effective system of internal control enables management to deal with...
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...Running Head: RISK MANAGEMENT IN JUSTICE AND SECURITY ORGANIZATIONS Risk Management in Justice and Security Organizations Rita A. Davis University of Phoenix CJA/520 Group ID: MSAS0KCAO6 RJ Schafer September 11, 2009 Risk Management in Justice and Security Organizations Introduction Risk management is essential to the security and well being of any organization. Risk management is crucial in guaranteeing that security controls and spending are proportionate with the actual risks to which the organization is exposed. Following a comprehensive and formal risk management approach requires a sound understanding of the principles of risk. Risk goes beyond the questions of efficiency, technique. This paper will discuss the role of risk management in justice and security organizations What is Risk? “Risk is the uncertainty of financial loss, the variations between actual and expected results, or the probability that a loss has occurred, or will occur… three main categories are personal, property, and liability” ( Broder, p. 3). An organization should perform a risk analysis, which is a, “management tool, the standards for which are determined...
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...------------------------------------------------- Principles of Risk Assignment One: Risk Map and Risk Plan/Register Assignment November 2010 Outline Brief The basis of this assignment is for you to undertake an initial risk identification analysis of some significant area of a business operation OR environmental setting/issue, with the aim of producing a summary risk map and related risk plan/register. This will require you to consider for your chosen focus of study what might be key (primary) risks, how those risks may be appropriately classified and how their potential impact and likelihood might be assessed and evaluated in an objective way. The final submission will take the form of a graphical risk map (matrix) and a tabulated risk plan/register. The latter should provide for a contextualised review of the key risks, the rationale for their inclusion and for the risk assessment that you have ascribed to each risk listed. The risk map and plan are not required to show risk management responses. This assignment is worth 50% of the overall module assessment, and a guideline of 2,500 words is provided for the written (risk plan) element. Tasks within this brief: 1. Identify a suitably focussed business activity or environmental issue on which to base this assignment; 2. Identify potential risk identification and assessment techniques, and their potential limitations within the context of this assignment; 3. Undertake a process/processes of risk identification and assessment; ...
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...Introduction to CreditMetrics™ The benchmark for understanding credit risk New York April 2, 1997 • • • A value-at-risk (VaR) framework applicable to all institutions worldwide that carry credit risk in the course of their business. A full portfolio view addressing credit event correlations which can identify the costs of over concentration and benefits of diversification in a mark-to-market framework. Results that drive: investment decisions, risk-mitigating actions, consistent risk-based credit limits, and rational risk-based capital allocations. J.P. Morgan Co-sponsors: Bank of America Bank of Montreal BZW Deutsche Morgan Grenfell KMV Corporation Swiss Bank Corporation Union Bank of Switzerland Table of Contents 1. Introduction to CreditMetrics 2. The case for a portfolio approach to credit risk 3. The challenges of estimating portfolio credit risk 4. An overview of CreditMetrics methodology 5. Practical applications 3 9 12 14 30 Introduction to CreditMetrics Copyright © 1997 J.P. Morgan & Co. Incorporated. All rights reserved. J.P. Morgan Securities, Inc., member SIPC. J.P. Morgan is the marketing name for J.P. Morgan & Co. Incorporated and its subsidiaries worldwide. CreditMetrics™, CreditManager™, FourFifteen™, and RiskMetrics™ are trademarks of J.P. Morgan in the United States and in other countries. They are written with the symbol ™ on their first occurance in the publication, and as CreditMetrics, CreditManager, FourFifteen or RiskMetrics thereafter...
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...BA356 International Business Management 1) You are the risk manager assigned to a municipal public works team in charge of school construction and operations. It has become clear that the current elementary schools in your town are inadequate for the number of students that are currently being served; in addition, many of the schools were built in the 1950s and are in serious need of repair. Project Document: Risk is a powerful force in innovative organizations for the obvious reason that it means the future outcomes of decisions are uncertain and, less obviously, because it can foster decision biases like loss aversion and over-optimism. The construction or retrofitting of a school building is a valuable educational opportunity with the potential to further strengthen community ownership of the school and demonstrate hazard-resilient techniques that can be replicated in homes and other buildings. Every school must be constructed as a safer school and existing unsafe schools must be retrofitted to be disaster resilient. The Education for All will not be achieved without the construction of safer and more disaster resilient education facilities. At a time when the frequency and magnitude of extreme climatic events is rising, a growing number of the world’s school-going children are increasingly exposed to earthquakes, wildfires, floods, cyclones, landslides and other natural hazards. For example: • The Sichuan earthquake (2008) killed more than 7,000 children...
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