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"Risk Management" Please respond to the following:

From the e-Activity, suppose that you were the engineer that designed this type of car and you were thinking about operational risk management.

Determine the types of risk, product-related or process-related, that you would consider when it comes to the operation of the car in public parking spaces. Defend why you would consider this type of risk.

Imagine that you have been contracted to work on a given project for which you have elicited requirements from stakeholders.

However, there are inconsistencies in the documentation you were given, incomplete descriptions of processes, and interviewees have given you conflicting information.

Propose a solution to resolve these inconsistencies and conflicting information using techniques discussed in the textbook.

Classmates:

From the e-Activity, suppose that you were the engineer that designed this type of car and you were thinking about operational risk management. Determine the types of risk, product-related or process-related, that you would consider when it comes to the operation of the car in public parking spaces. Defend why you would consider this type of risk.

The recommended type of risk is product-related risk. Cybersecurity risks are still an issue for cars with advanced technology. For example, one type of risk that Ford should consider is how vulnerable the system is to hacking. Hacking of cars with advance technology do not always happen. However, movies such as the Fast and Furious: Fate of the Furious movie, make the point that automobile manufactures need to implement appropriate cybersecurity protections.

A relatively recent example of a vehicle being hacked, was when a car with Bluetooth technology allowed a cybercriminal to gain unauthorized control to the motor vehicle. These intrusion attempts do not always happen because cybercriminals would have to be close by due to the limited range of Bluetooth. If this was in a parking lot, someone would notice something. However, it does point out the need to implement appropriate cybersecurity measures when new technology is installed in motor vehicles.

Imagine that you have been contracted to work on a given project for which you have elicited requirements from stakeholders. However, there are inconsistencies in the documentation you were given, incomplete descriptions of processes, and interviewees have given you conflicting information. Propose a solution to resolve these inconsistencies and conflicting information using techniques discussed in the textbook.

Recommended solutions to resolving the inconsistencies is to use a glossary and define the requirements by analyzing differences in stakeholder objectives. Glossaries of terms and concepts relating to documentation, descriptions, and interviewee information can make operational and technical requirements more precise. According to Lamsweerde (2009), "Such a glossary should provide a precise, intelligible definition of all terms used and, for some of them, a list of accepted synonyms" (p. 88).

Inconsistencies with employee information can be made more precise through clarification of stakeholder objectives and priorities. According to Lamsweerde (2009), a recommended approach is to define requirements by analyzing the differences of stakeholder objectives, such as the risks and uncertainties of the objectives. Once these differences are analyzed, a mutually agreed set of objectives can be negotiated so that requirements are clear and precise.

Management Information System, Management Studies

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