System administration Risk Management

1
System administration Risk Management

• Risk Definition
• Risk Strategies
• Risk Assessments

2
Managing Risks

• This activity is part of the TQM model
• The task is part of evaluating assets and the
  related threats
• There are to types of risks
• Internal risks
• External risks

3
Concepts Associated with Defining Risks

• Risk
• A threat to some object that has i value
• External Risk
• Comming from other system / external enviroment
• Internal Risk
• Project is missing importent ressources
• Risk Attributes
• Probability of occurrence
• Risk magnitude indicator
• High, Significant, Moderate, Minor, Low
• Numbered 5 to 1

4
Risk Strategies

• Risk acceptance
• Live with it
• Risk Avoidance
• Reorganize to eliminate the risk
• Direct mitigation
• Reduce the probability or impact
• Risk contingency
• Have a Plan B
• Risk transfer
• Sub-contract the risk

5
Risk planning
6
Risk Strategies

• Total Risk Priority
• Total Risk (priority) Costs/ impacts X
  Possibility
• Deal with the high risk first (high priority)
• Remember to plan with security risk management