Professional Practice in IT Control Techniques

Question: Describe about the Professional Practice in IT for Control Techniques. Answer: Risk Treatment Examples Avoidance:Risk avoidance technique deals with not accepting the consequences and thereby not entering into the specific situation where there is a possibility of hazards occurring. Risk avoidance is the particular risk treatment activity where a business does not involve in a certain task that is known to carry potential risks (Kerzner, 2013). For example, a business may avoid buying a building for opening a new retail outlet; however, due to the location not generating adequate revenue, the business might abandon the idea. Mitigation:Example of mitigating risks through reducing can be a software company releasing a newly developed product in stages. This process reduces the chances of the incorrect functioning of the new program (Schwalbe, 2015). Thus, this strategy reduces the risk of capital waste. Transference:An organization can perform risk transference by paying a premium to an insurance firm, which in turn provides protection against substantial financial loss. Acceptance:An example of risk acceptance is when pharmaceutical companies invest in research and development of a new drug (Burke, 2013). The revenue generated from the sale may not be sufficient and thus, the risk is considered as acceptable. Project Identification Project Name: Redesigning a Company Website Problem Statement: The project aims at facilitating a more user friendly design with dynamic content loading and interactive icons. The website design will focus on including greater informative contents with 24x7 hours online support available so as to help the customers easily comprehend the functions and utilities provided by the company (Turner, 2014). The aim is to increase website traffic and attract more customers to the business, as well as providing them a user friendly and easy-to-operate online platform where they can easily communicate with the service providers. It is mainly targeted to increase customer base and customer satisfaction, along with introducing a more efficient way towards customer relationship management. Results/ Deliverables: User-friendly, interactive, dynamic and informative website content design, 24x7 online help desk, activation of email and SMS alert. References Burke, R. (2013).Project management: planning and control techniques. New Jersey, USA. Kerzner, H. R. (2013).Project management: a systems approach to planning, scheduling, and controlling. John Wiley Sons. Schwalbe, K. (2015).Information technology project management. Cengage Learning. Turner, J. R. (2014).The handbook of project-based management(Vol. 92). McGraw-hill.