Risk is present in nearly every human undertaking and projects are no exception. Recall a project that you have participated in and name at least one risk that was recognized before it happened. What, if anything, did you do to mitigate the risk? Was there a risk that emerged that was not seen in advance? What effect did it have on the project? What was a lesson learned from the surprise event?
This defense in depth discussion scenario is an intentional cybersecurity attack on the water utility’s SCADA system. It occurs during the fall after a dry summer in Fringe City. The water utility’s Information Technology (IT) person did not receive an expected pay raise and decides to reprogram the SCADA system to shut off the high-lift pumps. The operator’s familiarity with the SCADA system allows him to reprogram the alarms that typically notify operators of a high-lift pump failure. In addition, he prevents access to the SCADA system by others. A wildfire breaks out on the outskirts of the city. Please identify what type(s) of new countermeasures should have been implemented to prevent this cyber attack from occurring.
Start a discussion thread and discuss what type(s) of new countermeasures should have been implemented to prevent the cyber attack described above from occurring.discuss what type(s) of new countermeasures should have been implemented to prevent the cyber attack described above from occurring.
What is a cash budget, and how can this statement be used to help reduce the amount of cash that a firm needs to carry? What are the advantages and disadvantages of daily over monthly cash budgets, and how might a cash budget be used when a firm is negotiating a loan from its bank?
Which forecasting techniques do you think should be used in calculating fuel prices? Time series models? Causal models? Qualitative models? In casual modeling, what types of independent variables might be used?
Read the articles, “Trickle of Jobs Returning to U.S. Shores Could Soon Become a Torrent (Links to an external site.)” and “The Benefits of Outsourcing Finance and Accounting. (Links to an external site.)” Based on the content presented, discuss some of the pros and cons of outsourcing. Do you think many organizations are experiencing an increase or decrease in their levels of outsourcing? Why?
