This would in turn help in saving of excess costs involved in the deploying

This would in turn help in saving of excess costs

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ensure that the organizations information and assets are protected from loss. This would in turn help in saving of excess costs involved in the deploying manpower such as guards. This content would also help in planning the strategic future if the IT department and that of the organization as a whole. Since the enterprise risk management system provides for the possible areas of risks, the IT professional will be able to closely monitor the progress of the laid down projects and enhance their future successful outcome. As well, the ERM content would help the IT professional in time and cost saving within their departments. This would mean that the IT expert would be able to move from the traditional old ways of risk management that are always expensive to manage organizational risks to the automated systems which can be easily integrated with the organizational operations. There is also the benefit of easier risk assessment in that since the professional is faced with various day to day as well as long term potential risks and therefore through the knowledge of ERM, risk identification, analysis and mitigation is enhanced. ERM would as well alleviate the standard of communication within the organization thereby helping a professional in in being able to dialogue on the challenging tasks to help in controlling the arise of the potential risks. Therefore, ERM allows for people to work in togetherness as a group aimed at meeting the organizational set strategies.
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  • Fall '19
  • ERM

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