SCENARIO TWO0.the merger are to reduce centre and support costs by combining these functions andIncrease market share by offering a wider range of courses and research expertise. Theoverall merger process is being project managed by professional consultants. However,you have been appointed as project manager for the technical merger of the two ITsystems. This process will be complex as the two systems have evolved in different waysas a result of the different priorities and structures of the two universities.The IT systems themselves provide a full range of support functions, covering everythingfrom payroll to student admissions. Both universities rely on their IT systems for virtuallyall aspects of their operation. It is imperative that both IT systems remain fully operationalduring the merger process. Any operational failures could result in significant disruptionto both universities.REQUIREDa) Discuss three primary methods of risk identification that could be used as part ofthe risk management process.b) Identify the primary risks that would have to be analysed and discuss a suitable-method for presentation to senior management.

Risk Management: It is a process of management in which they identify the factors which can be…

Answered: a) Discuss three primary methods of…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

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a) Discuss three primary methods of risk identification that could be used as part of the risk management process. b) Identify the primary risks that would have to be analysed and discuss a suitable method for presentation to senior management.