Programming
IS311 Grantham Octave MS and Microsoft Risk Management Approach Paper

IS311

Grantham University

Question Description

OCTAVE MS Risk Management Approach

Provide a comparison of the OCTAVE Method of Risk Management to the Microsoft Risk Management Approach. Include which, in your opinion, provides a better framework to manage risk, but support your opinion with vetted references other than the course textbook.

Prepare a 350- to 1,050-word paper that fully discusses the topic questions

Format your paper consistent with APA guidelines. Format your paper consistent with APA guidelines.

Final Answer

Attached.

Running head: OCTAVE MS RISK MANAGEMENT APPROACH

OCTAVE MS risk management approach
Student’s name
Professor’s name
Course title
Date

OCTAVE MS RISK MANAGEMENT APPROACH

OCTAVE MS risk management approach
Risk management refers to a process of identifying, analyzing and curbing threats that
may negatively impact an organization’s earnings and capital (Rouse, 2016). Increasing
competition and improved technologies have seen risk management evolve into a pressing
business issue. However, risk management is quite a challenging task as it involves analysis of
broad concepts that are associated with varying types of risks. To identify a risk, there are several
aspects that need to be considered. They include asset, threat, vulnerability, requirement and
impact. Asset refers to any possession that an organization considers valuable. Threat refers to
any potential source of undesired occurrences that may affect the organization. Vulnerability
refers to the weakness in an organization’s assets that may be subjuga...

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