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IT Architecture and Risk Management

Fundamentals - Methodology - Techniques - Critical assessment

Title: IT Architecture and Risk Management

Seminar Paper , 2011 , 26 Pages , Grade: 1,0

Autor:in: Dipl.-Ing. (DH) Michael Lang (Author)

Computer Science - Commercial Information Technology
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"In the twenty-first century, IT architecture will be the determining factor. The factor that separates the winners from the losers, the successful and the failures, the survivors from the others."
(Zachman, 1996, p. 2)

The author Zachman (1996, p. 7) emphasises in his article the growing significance of IT architecture for modern enterprises. According to Zachman (1996, p. 1) IT architecture aligns business strategy with information technology and enables the achievement of business goals. Therefore, an efficient IT architecture is a key factor for companies which are faced with increasing changing markets and shorter product life cycles. In contrast to that, an estimated 68% of corporate IT projects are neither on time nor on budget and they don’t deliver the original stated business goals (Jeffery & Leliveld, 2004). Regarding
Fairbanks (2010, p. 8) a major cause for this is an insufficient risk management in the IT architecture development in principle. Therefore many IT architects ask themselves, how they could identify and prioritize their project’s most pressing risks? Which architecture
and design techniques mitigate the risks and what is the amount of risk reduction?
In order to answer these questions, section 2.1 defines the terms architecture and enterprise architecture before it deals with the IT architecture itself. The following section 2.2 gives an overview of risk and risk management in general. Chapter 3 presents the main chapter of this assignment. At first, it gives a brief overview
of the role of IT risk management in the scope of strategic management. The next two sections illustrate the IT risk management and IT risk management process. In addition to that, section 3.4 describes different instruments for IT risk analysis whereas section 3.5 shows how IT risk management can be implemented in the architecture life cycle. The section 3.6 outlines the regulations which affect IT risk management. Moreover chapter 4 discusses the benefits and limitations of IT risk management. Finally chapter 5 summarizes the basic insights and gives a short perspective.

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Details

Title
IT Architecture and Risk Management
Subtitle
Fundamentals - Methodology - Techniques - Critical assessment
College
AKAD University of Applied Sciences Stuttgart
Course
Enterprise and IT Architecture Management
Grade
1,0
Author
Dipl.-Ing. (DH) Michael Lang (Author)
Publication Year
2011
Pages
26
Catalog Number
V171926
ISBN (eBook)
9783640915651
ISBN (Book)
9783640916085
Language
English
Tags
IT IT Architecture Risk Risk Management IT Risk Management Enterprise Architecture IT Risk Management Process IT Risk Analysis Risk Instruments IT Risk Intruments Architecture Life Cycle
Product Safety
GRIN Publishing GmbH
Quote paper
Dipl.-Ing. (DH) Michael Lang (Author), 2011, IT Architecture and Risk Management, Munich, GRIN Verlag, https://www.grin.com/document/171926
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