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Assignment 1

Part 1

Suppose a College is considering a project to develop an information system that would allow all faculty, employees, students, and suppliers/external customers to access and maintain their own human resources information, such as address, marital status, and tax information. The main benefits of the system would be a reduction in human resources personnel and more accurate information. For example, if a faculty, employee, student, or customer had a new telephone number or e-mail address, he or she would be responsible for entering the data in the new system. The new system would also allow employees to change their tax withholdings or pension plan contributions. Identify five potential risks for this new project. Provide a detailed description of each risk and propose strategies for addressing each risk. Document your results in a risk register below.

ID No.

Rank

Risk

Description

Category

Root

Cause

Triggers

Potential

Responses

Risk

Owner

Probability

Impact

Status

Part 2

A company is trying to decide between purchasing Software A or Software B to augment its information security. Please refer to the data given in the table below, to draw a decision tree using "word" or "excel" .

Write a short recommendation about which Software should the company buy, based on Expected Monetary Value (EMV) evaluation criteria.