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Risk Management Plan

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Software Development
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University of the Cumberlands
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Running head: RISK MANAGEMENT PLAN Risk Management Plan Students Name: Institutional Affiliation: 1 2 RISK MANAGEMENT PLAN Abstract This risk management plan identifies and evaluates risks faced by Health Network organization, with the aim of establishing appropriate risk mitigation procedures. Health Network is an imaginary health services organization which provides three products; HNetExchange for secure communication between its customers, HNetPay web portal which supports payment and billing, and HNetConnect a directory which provides a list of doctors, clinics and the services they offer. Before providing the risk mitigation strategies, the plan discusses compliance regulations with which Health Network is required to adhere to as well as the responsibilities of each member of the risk management team. Finally, it ends with an elaborate conclusion remarks. . 3 RISK MANAGEMENT PLAN Introduction The objectives of this risk management plan are; to discover, evaluate, and prioritize possible risks with the aim of monitoring, controlling and minimizing the probability of occurrence of the identified risks. It is difficult to completely eliminate some risks. Therefore this plan also aims to minimize the impacts of such inevitable risks. Once implemented, the plan will help the whole Health Network organization to fully understand the risks accepted while carrying out its basic operations. Health Network handles sensitive information while providing services to its ...
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