The CIO's Guide to Risk

IT professionals and their managers must understand that risk is ever present in an age of globalization, widely distributed systems, and rapidly advancing technological change. The CIOs Guide to Risk addresses the many faces of risk, including systems development, adoption of bleeding-edge tech, innovation, and social media. It provides techniques for analyzing project risk, metrics to track and control project risks, and an executives guide to the legal and privacy issues related to risk management.

Format: Paperback / softback
Length: 232 pages
Publication date: 21 January 2023
Publisher: Taylor & Francis Ltd

In the era of globalization, widespread systems, and rapid technological advancements, IT professionals and their managers must recognize that risk is an ever-present aspect. The success of projects hinges on identifying and effectively managing risks. The CIOs Guide to Risk delves into the diverse facets of risk, encompassing systems development, the adoption of cutting-edge technologies, the drive for innovation, and even the emergence of social media. It provides comprehensive coverage of risk management planning, risk identification, qualitative and quantitative risk analysis, contingency planning, and risk monitoring and control at both macro and micro levels.

The book begins by offering a broad perspective on analyzing technology trends to evaluate risk. It guides readers on how to conceptualize trends, assess their impact on infrastructure, develop metrics for measuring success, and evaluate the risks associated with adopting new technologies. The book then delves into project-related risks, providing an in-depth exploration of project management principles and their relationship to systems development and technology implementation. Various techniques for analyzing project risk, such as brainstorming, the Delphi technique, assumption analysis, and decision analysis, are discussed. Metrics to track and control project risks, including the Balance Scorecard, project monitoring and reporting, and business and technology metrics, are also explored.

Furthermore, the book emphasizes the role of knowledge management and innovation management in identifying, assessing, and managing risk. It discusses the importance of capturing and leveraging expertise, fostering creativity, and implementing innovative solutions to mitigate risk. The book concludes with an executive guide to legal and privacy issues related to risk management, as well as overviews of risks associated with social media and mobile environments. With its comprehensive checklists, templates, and worksheets, The CIOs Guide to Risk serves as an invaluable reference for risk and project management professionals.

Weight: 430g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032476476