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Understanding and Managing IT Risks

Risk refers to the uncertainty of an outcome that could be better or worse than expected. It is important to identify risks at the beginning of a design process by studying, understanding, and considering ways to manage risks through accepting, avoiding, mitigating, or transferring risks.

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Md Kamruzzaman
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0% found this document useful (0 votes)
6 views3 pages

Understanding and Managing IT Risks

Risk refers to the uncertainty of an outcome that could be better or worse than expected. It is important to identify risks at the beginning of a design process by studying, understanding, and considering ways to manage risks through accepting, avoiding, mitigating, or transferring risks.

Uploaded by

Md Kamruzzaman
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Risk

ITILv3 Foundations

[Link]
What is Risk?
• “Uncertainty of outcome”

• Outcome could be better or


worse than expected, but that is
where the risk lies
What can I do with risk?
• Identify
Essential at beginning of design

• Analyze
Study the risk, understand the risk,
consider way ahead

• Manage
Accept
Avoid
Mitigate
Transfer

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