Sample Essay – IT Risk Management

The core problem that this research proposal intends to address is the ineffectiveness and inefficiency of most financial institutions’ current IT risk management organizational structures which hinders these institutions from successfully utilizing the IT risk management function. In line with this main problem, several research questions have been identified by the researcher which this proposed study aims to answer and address:

1.)          What is IT Risk Management and how important is its function in the organization?

2.)          What is organizational design and how important is this concept in a global financial institution?

3.)          How does the IT risk management function relate to organizational design and why are these two concepts significant in a global financial institution?

4.)          How would the IT risk management function be maximized in terms of its use?

5.)          What is an appropriate and effective organizational design and how does it facilitate the IT risk management function from being fully utilized? And finally,

6.)          Can the IT risk management function be categorized as Shared Services which has its own set of determinants for service/organization implementation?

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