Your Task
The CFO has requested that the CIO perform the risk assessment of outsourcing initiative addressing mainly IT risk.
Using the three-phase model of IT assurance initiative provided in the student book:
- Develop the scope of the risk assurance initiative.
- State relevant enablers and suitable risk assessment criteria to perform the assessment (i.e., relevant governance and/or management processes).
- Report the results of your assessment including your findings and recommendations.
Scope of the Assurance Initiative
Identify Key Stakeholders.
What is the main objective of this assurance initiative?
Mention key enablers in scope.
Understand Enablers, Set Suitable Assessment Criteria and Perform Assessment
Based on key enablers identified, which key management practices are required to perform the assessment?
Communicate the Results of the Assessment
Report your findings in details, and not just material weakness or strength.
