A risk mitigation decision framework for information technology organizations

Information technology (IT) organizations are faced with various risks such as strategic, operational and technical risks. These risks should be identified, measured and mitigated. Risk mitigation gives an opportunity to IT practitioners and management to compute risks and develop suitable strategie...

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Main Authors: Che Pa, Noraini, Anthony Jnr, Bokolo, Jusoh, Yusmadi Yah, Nor, Rozi Nor Haizan, Mohd Aris, Teh Noranis
Format: Article
Language:English
Published: Little Lion Scientific R&D 2017
Online Access:http://psasir.upm.edu.my/id/eprint/64672/
http://psasir.upm.edu.my/id/eprint/64672/1/A%20risk%20mitigation%20decision%20framework%20for%20information%20technology%20organizations.pdf
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author Che Pa, Noraini
Anthony Jnr, Bokolo
Jusoh, Yusmadi Yah
Nor, Rozi Nor Haizan
Mohd Aris, Teh Noranis
author_facet Che Pa, Noraini
Anthony Jnr, Bokolo
Jusoh, Yusmadi Yah
Nor, Rozi Nor Haizan
Mohd Aris, Teh Noranis
author_sort Che Pa, Noraini
building UPM Institutional Repository
collection Online Access
description Information technology (IT) organizations are faced with various risks such as strategic, operational and technical risks. These risks should be identified, measured and mitigated. Risk mitigation gives an opportunity to IT practitioners and management to compute risks and develop suitable strategies to treat the risk. Risk mitigation in organizations provides a disciplinary environment for decision making to measure and treat potential risk continuously. Existing model and frameworks provides inadequate support to practitioners in making risk decision pertaining risk mitigation. This is due to the fact that existing models or frameworks lacks the capabilities to support practitioners. In order to address this challenge, this research identifies the processes and components of risk mitigation in organization’s and proposes a framework of risk decision for mitigating both technical and operational risk using software agents and knowledge mapping as techniques. Qualitative research was adopted using interview to collect data. A pilot study was carried out to validate the instrument. The case study was later carried out to verify the risk mitigation process and components. Lastly the framework was evaluated using iterative triangulation.
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spelling upm-646722018-08-13T03:45:35Z http://psasir.upm.edu.my/id/eprint/64672/ A risk mitigation decision framework for information technology organizations Che Pa, Noraini Anthony Jnr, Bokolo Jusoh, Yusmadi Yah Nor, Rozi Nor Haizan Mohd Aris, Teh Noranis Information technology (IT) organizations are faced with various risks such as strategic, operational and technical risks. These risks should be identified, measured and mitigated. Risk mitigation gives an opportunity to IT practitioners and management to compute risks and develop suitable strategies to treat the risk. Risk mitigation in organizations provides a disciplinary environment for decision making to measure and treat potential risk continuously. Existing model and frameworks provides inadequate support to practitioners in making risk decision pertaining risk mitigation. This is due to the fact that existing models or frameworks lacks the capabilities to support practitioners. In order to address this challenge, this research identifies the processes and components of risk mitigation in organization’s and proposes a framework of risk decision for mitigating both technical and operational risk using software agents and knowledge mapping as techniques. Qualitative research was adopted using interview to collect data. A pilot study was carried out to validate the instrument. The case study was later carried out to verify the risk mitigation process and components. Lastly the framework was evaluated using iterative triangulation. Little Lion Scientific R&D 2017 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/64672/1/A%20risk%20mitigation%20decision%20framework%20for%20information%20technology%20organizations.pdf Che Pa, Noraini and Anthony Jnr, Bokolo and Jusoh, Yusmadi Yah and Nor, Rozi Nor Haizan and Mohd Aris, Teh Noranis (2017) A risk mitigation decision framework for information technology organizations. Journal of Theoretical and Applied Information Technology, 95 (10). pp. 2102-2113. ISSN 1992-8645; ESSN: 1817-3195 http://www.jatit.org/volumes/ninetyfive10.php
spellingShingle Che Pa, Noraini
Anthony Jnr, Bokolo
Jusoh, Yusmadi Yah
Nor, Rozi Nor Haizan
Mohd Aris, Teh Noranis
A risk mitigation decision framework for information technology organizations
title A risk mitigation decision framework for information technology organizations
title_full A risk mitigation decision framework for information technology organizations
title_fullStr A risk mitigation decision framework for information technology organizations
title_full_unstemmed A risk mitigation decision framework for information technology organizations
title_short A risk mitigation decision framework for information technology organizations
title_sort risk mitigation decision framework for information technology organizations
url http://psasir.upm.edu.my/id/eprint/64672/
http://psasir.upm.edu.my/id/eprint/64672/
http://psasir.upm.edu.my/id/eprint/64672/1/A%20risk%20mitigation%20decision%20framework%20for%20information%20technology%20organizations.pdf