Assume the role of an IT Risk Assessment Team, and complete a risk assessment of a fictional healthcare company called CareNet.In addition to the need for a justifiable business case, as the IT Risk...

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Assume the role of an IT Risk Assessment Team, and complete a risk assessment of a fictional healthcare company called CareNet.


In addition to the need for a justifiable business case, as the IT Risk Assessment Team at CareNet, your team's role is to identify, assess, and report on potential risks for one of the projects listed below. Your team's thorough assessment and report will be used by stakeholders and leadership to make a determination on the project to take forward.


CareNet executives have identified a portfolio of strategic initiatives being considered to meet the organization's goals. The portfolio includes projects such as:



  • Allowing employees to bring their own devices (e.g., laptops, tablets, and mobile phones) into the workplace to be used as their main or sole devices in achieving their work tasks.

  • Moving from an all on-site work environment to 100% remote working.

  • Merging technologies of two acquired companies with parent company technologies.

  • Integrating work processes for customer service departments of newly merged companies.


Your team's report must meet the following criteria:



  • Executive Summary at the beginning of the report which provides a clear statement of the project being assessed, and an overview of your recommendations to CareNet management as to the merits of the project, based on your risk assessment.

  • Include:

    • Risk identification

    • Risk categorization

    • Risk probability and impact matrix

    • Reporting format

    • Risk tracking



  • Convincing arguments for management as to why the project should or should not be chosen.


Please refer to theRisk Assessment Team Assignment Rubricfor guidance about completing this assignment.


Submit your Risk Assessment Team Assignment report to this Dropbox.Note:Each team member submits the same report.


The first team member to submit should review the TurnItIn Report, and share the results with the rest of the team members. View theReviewing a TurnItIn Reporttutorial. A Similarity of 20% and above is a "red flag." Revise and resubmit if necessary.

Answered Same DayNov 06, 2022

Answer To: Assume the role of an IT Risk Assessment Team, and complete a risk assessment of a fictional...

Deblina answered on Nov 06 2022
42 Votes
Risk Assessment Report: CareNet         2
RISK ASSESSMENT REPORT: CARENET
Table of Contents
Executive Summary    3
Overview of Strategy Initiative    3
Risk Identification    4
Risk Categorization    5
Risk Pr
obability & Impact Matrix    5
Risk Reporting Format & Recommendation    6
References    8
Executive Summary
This is a risk assessment report for CareNet in order to identify, assess and report the potential risks for a number of Strategies and projects taken up by CareNet. This presents a brief aspect of risk management which is structured in an approach in terms of contemplating the uncertainty that is associated with human activities in relation to the strategies taken and associated. This also addresses the development of the strategy taken to manage the race and the other mitigation perspective by using proper managerial resources. Assessment of risk in the healthcare setting is an important prospect because it is coherently related to the human aspects and the effective management of the risk in the healthcare setting is important as effective factors can be potentially harmful to the patients and the staff. This risk assessment report focuses on the effective identification of the risk and includes the risk categorization that enhances the understanding of the particular risk. This is followed by an effective risk evaluation through probability and impact matrix. The report also addresses the format for effective risk management and tracks down the risks associated with the new project initiative.
Overview of Strategy Initiative
CareNet has taken several strategies and project initiatives that have been consequential to meet the objectives and goals of the organization. The portfolios of the project have been effectively focused on enhancing the participation of the employees by allowing them to bring their own devices into the workplace so that they can use them comprehensively in a personal manner to achieve their work targets (Salih et al., 2018). This strategy initiative refers to the prospects of human resource decisions and the effectiveness of human resource management in the organization that focuses on the performance of the employees and their contribution to the organization. The movement of the workers from an all-onsite work environment to 100% remote working is another strategic initiative taken by the company in terms of the portfolio of projects (Catalyst et al., 2020). Merging the technologies of the acquired companies with the parent company technology is another relevant strategy that was addressed and recommended by CareNet. It is obvious...
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