Which of the following would BEST help to ensure an IT steering committee is informed of newly emerging risks in critical IT projects?
Click on the arrows to vote for the correct answer
A. B. C. D.A.
An IT steering committee is responsible for ensuring that IT projects are aligned with the organization's strategic goals and that potential risks are identified and mitigated. In order to ensure that the committee is informed of newly emerging risks in critical IT projects, the following options are available:
A. Requiring regular updates of the risk register for each project: This option would help to ensure that the IT steering committee is kept up-to-date with the latest risks associated with critical IT projects. A risk register is a document that identifies potential risks, assesses their likelihood and impact, and outlines a plan for mitigating them. By requiring regular updates of the risk register, the committee would be able to stay informed about emerging risks and ensure that appropriate measures are taken to manage them.
B. Requiring a summarized report of relevant risks: This option would provide the IT steering committee with a summary of the most relevant risks associated with critical IT projects. The summary report would highlight the key risks and their potential impact on the project, allowing the committee to focus on the most critical issues. However, this option may not provide enough detail for the committee to fully understand the risks and their potential impact.
C. Reviewing the response for each risk in the log: This option would involve reviewing the response for each risk that has been identified in the risk log. The risk log is a document that tracks all identified risks, their potential impact, and the response plan for managing them. By reviewing the response for each risk in the log, the committee would be able to determine whether the risk has been adequately mitigated or whether further action is required. However, this option may not be effective for identifying newly emerging risks.
D. Conducting periodic reviews of project performance: This option would involve periodically reviewing the performance of critical IT projects to identify any emerging risks. By reviewing project performance, the committee would be able to identify any issues that could potentially impact the success of the project. However, this option may not be effective for identifying risks that have not yet impacted project performance.
Based on the above analysis, option A (Requiring regular updates of the risk register for each project) would be the BEST option to ensure that an IT steering committee is informed of newly emerging risks in critical IT projects. By requiring regular updates of the risk register, the committee would be able to stay informed about emerging risks and ensure that appropriate measures are taken to manage them.