Senior management at Health Network allocated funds to support a risk mitigation plan. They have requested that the risk manager and team create a plan in response to the deliverables produced within earlier phases of the project.
The risk mitigation plan should address the identified threats described in the scenario for this project, as well as any new threats that may have been discovered during the risk assessment. You have been assigned to develop a draft of this new plan.
1. Implementation of the Risk mitigation plan to Health Network Inc.
Describe aspects like implementing within budget and staying on schedule
Describe mitigation plans for each threat identified
Can add info about applicable SOX & HIPAA laws to threats
2. Post-Implimentation plan: Monitoring the effectiveness of the mitigation plan
Continuous monitoring, describe about plan for periodic audit, updating/transfering responsiblities for risks/ Backup plan/ DRP