List and explain at least three risks

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Reference no: EM131062547

Rusty Rims IT Strategic Plan, Part 2

Before you begin this assignment, be sure you have read the "Rusty Rims Case Study" and the feedback you received on your IT Strategic Plan

Part 1 assignment. Also, be sure you have read the chapters in the textbook that have been assigned to this point.

Purpose of this Assignment

This assignment gives you the opportunity to apply the course concepts to complete the development of an Information Technology Strategic Plan (ITSP) to support the strategic direction of Rusty Rims Distribution Company (RR). This assignment specifically addresses the following course outcomes to enable you to:

- identify, define, and explain the concepts of information technology governance and management

- apply best practices in information technology management and governance to make, defend, and justify an IT decision IT Strategic Plan for Rusty Rims Distribution Company

For the previous assignment, you developed Part 1 of an IT Strategic Plan for RR. For this assignment, you will incorporate any needed changes resulting from the feedback you received on your Part 1 assignment and you will add Part 2. Part 2 will include an IT project that you are proposing that RR undertake. This new project will be included in the IT Portfolio section of Part 2, and will be further described in a future assignment, the "IT Decision Paper." The entire ITSP will be submitted as a single document for this assignment.

Assignment

First, you should make any changes to your Part 1 assignment, as indicated in the feedback you received. Then, you will develop Part 2 of the ITSP for Rusty Rims, using the outline below, and add it to Part 1. A single, complete ITSP, with both Parts 1 and 2 will be submitted for this assignment. Note that Part 2 includes a project you are proposing that RR undertakes. In addition to the course materials, at least one external resource (resource other than those provided in the class) must be used. Two or more cited references will earn top credit. Use a separate  References page to list just the references you have cited. Remember to use the APA formatting rules and correctly cite and reference your sources with APA format. Use the Grading Rubric to be sure you have covered everything. Submit your paper as a Microsoft Word document, or a document that can be read using Word, with your last name included in the filename.

Please use this outline to build Part 2 of your IT Strategic Plan. Use the numbering and headings shown below.

Part Two

1. IT Strategies - Write at least three IT strategies (four or more will earn top credit) and explain how they align to one or more of the business strategies, including the compliance requirements, articulated in the Case Study. If these business strategies were not included in your Part 1 paper, you should add these strategies into Part 1 prior to submitting this assignment. When the full ITSP is submitted for this assignment, there should be a clear link between the business strategies in Part 1 and the IT Strategies in Part 2. Provide at least one internal IT strategy and two business-enabling IT strategies and identify each as either and internal or business-enabling strategy. Refer to Chapter 9. For an explanation of internal and external IT strategies, see the portion of the text just prior to Table 9.2.

2. IT Portfolio - As stated in the textbook, Chapter 9: "The summary of your strategy is your overall IT road map and includes the expected time frame to deliver your strategy.

Recommendations in this area include organizing your road map by key business partners, such as sales and marketing, and using a six-quarter time frame. Six quarters provides adequate time to deliver programs that may take more than one year to complete and provides visibility into the organization's longer-term strategy." Although the roadmap shown in Figure 9.3 identifies projects that are approved/proposed, along with projects that have been delayed from their original delivery date; for purposes of this assignment, only the projected timeframes to develop the projects are required. Create a roadmap, similar to the one in the textbook, Chapter 9, Figure 9.3. The table below is similar to Figure 9.3; it shows the five functional areas of an example company and two systems for each area. To develop your roadmap, use a table like the one below; you can copy the table, insert the functional areas and systems that are discussed in the Case Study, and use ‘insert shape - rectangle' to insert the bars showing the timeframes for development of each. The functional areas and projects in development, and their timeframes should be extracted from the Case Study. Be sure to include an introductory paragraph to explain the table that will follow.

3. Proposed Project: Next, you will propose a new IT project to support at least one of the strategies in section 1 above, and include it in the Table above. Use a different color font to indicate this new project and insert it with the appropriate functional area in your table. In Section 3, describe how your proposed project will supplement the current IT development projects in supporting the business of RR. In a future  assignment, you will use this project to develop an "IT Decision Paper"; therefore, you should look at that assignment to be sure the project you propose will be appropriate for that assignment as well. (You can propose a specific vendor package though it is not necessary. However, if you are incorporating an integrated solution, you should discuss the various features of the package that are appropriate for the study. Solutions such as backups, training of employees, utilizing social media and involving Human Resources are not appropriate solutions for this assignment.)

Refer to Case Study for ideas for a new project. This is a major part of the next assignment. Give this some thought.

4. Risk Management - List and explain at least three risks (four or more will earn top credit) that Carol should be prepared to manage as she executes her plans. What risk management techniques can she use for each one to try to prevent and/or mitigate them? Refer to Chapter 16.

This is a good area to do some external research - see what you can find on the web about IT project risks and risk management. (Review the Additional Resources area's document "How To Guide to Risk Management".)

5. Business Continuity Planning- List and explain the steps Carol should take to develop a Business Continuity Plan for RR so she can be sure that the most important systems will remain operational in the event of a catastrophe. Include who should be involved in its development.

In addition, from the Case Study, identify what you consider the three most important systems currently in use at RR along with justification of your choices. Explain the steps Carol can take to ensure those systems continue to be available for RR in the event of a local catastrophe.

(Review Chapter 27 on the Business Continuity Plan for additional resources.) The "right" and "wrong" answers have to do with whether or not you correctly incorporated the course concepts from the textbook and addressed all parts of the assignment. You need to do some external research on at least one aspect of the assignment - your choice - and incorporate it and cite/reference it in APA format in your response. The content of the mission and vision statements you create is not as important as that it makes sense in light of the course content and the Case Study. Use the Rubric below to be sure you have covered all aspects of the assignment.

Attachment:- rustyrim_case_study_1.rar

Reference no: EM131062547

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