Risk Management - It's role in strategic planning

Studienarbeit aus dem Jahr 2009 im Fachbereich Informatik - Wirtschaftsinformatik, Note: 1,7, Växjö Universitet, Sprache: Deutsch, Abstract: In organizations are plenty of IS/IT investments to choose from. All of these opportunities com-pete for the limited resources of the organization. The process of risk management which can be divided into the four phases of Identification, Quantification, Management/Government and Containment helps to analyze possible risks. This is necessary because every forth IS/IT projects fails1, because of non identified risks. The aim of Risk Management is to increase the probability of success of IS/IT investments2, so that the investments drive to the desired outcome and bene-fits for the organization. In the following the four steps of risk management will be illustrated with an example of a logistic company which has to decide on two investments. Additionally the role of risk management in strategic planning will be examined.