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Prerequisites
Published in Gennadi Saiko, Bringing a Medical Device to the Market A Scientist's Perspective, 2022
Medical device risk management also requires top management involvement. It requires that a company establishes a risk management policy. In addition to that, the company’s management is responsible for: making sure there are adequate and appropriate resources for conducting risk management activities,ensuring the company’s risk management processes are adequate and effective,reviewing the company’s risk management processes for effectiveness.
A State CIO Shares Insights on the Importance of Strategic IT Governance
Published in Philip Weinzimer, Strategic IT Governance 2.0, 2023
I would advise any state CIO to ensure that they do not neglect IT Governance to pursue excellence in project execution. IT Governance needs to be on top of every CIOs agenda. A successful IT governance model will reduce risk, lower costs, and improve project outcomes. Critical to the success of any IT governance model is establishing success metrics and measuring and report on these immediately and routinely. This provides the early warning indicator necessary to identify risks before they become issues. I’d like to share an experience that reflects strategic project governance
Security management
Published in Michael L. Madigan, First Responders Handbook, 2017
According to the Risk IT framework by ISACA (formerly the Information Systems Audit and Control Association), IT risk is transversal to all four categories. The IT risk should be managed in the framework of enterprise risk management, with the risk appetite and sensitivity of the whole enterprise guiding the IT risk-management process. ERM provides the context and business objectives to IT risk management.
Management Information Systems Research: A Topic Modeling Based Bibliometric Analysis
Published in Journal of Computer Information Systems, 2022
Hakan Özköse, Ozcan Ozyurt, Ahmet Ayaz
The second most studied topic is “Risk assessment and management.” Risk assessment is generally handled in software selection, project evaluation, service provider selection, and factor prioritization studies in the MIS field. However, there are also studies where direct risk analysis is related to informatics. Risk analyses in technology, outsourcing, digital services, and cyber security fields can be considered examples of risk assessments in the MIS field. In addition, it contributes to senior managers in creating action plans and minimizing risk in decision-making.
Board Level IT Governance: A Scoping Review to Set the Research Agenda
Published in Information Systems Management, 2019
In order to provide guidance to boards on which IT-related questions they should get answers to, different question sets were created. First, Nolan and McFarlan (2005) created three sets of questions that boards should ask, depending on the organization’s position in the strategic impact grid. The key themes that can be identified from these questions correspond to the five IT governance focus areas, as determined by the IT Governance Institute (ITGI) (2003): strategic alignment, value delivery, resource management, risk management and performance measurement.
Recommendations for smart grid security risk management
Published in Cyber-Physical Systems, 2019
Vikas Lamba, Nikola Šimková, Bruno Rossi
(4) Risk management guide for IT systems has been evolved by NIST [26] to specify objectives, goals, and process of risk management for securing the organisations’ IT systems, proprietary data, and mission-critical information.