How do you determine how long to carry a certain risk?

Once you have that model, which is fantastic with the calculation and outcome and how much risk you incur, then the question becomes, how long do I carry the risk? That's where the intersection of the IT portfolio and the life cycle portfolio of the IT organization or product organization when you lay the lifecycle program on top of that risk. For us, we're going through a whole bunch of upgrades and decommissions. So when we lay the life cycle program on top of that risk determination, what it does is it tells you how long you're actually going to carry it until those assets are moved or sunset. I think that's another intersection that management could use.

11 views
1 comments
1 upvotes
Related Tags
Anonymous Author
Once you have that model, which is fantastic with the calculation and outcome and how much risk you incur, then the question becomes, how long do I carry the risk? That's where the intersection of the IT portfolio and the life cycle portfolio of the IT organization or product organization when you lay the lifecycle program on top of that risk. For us, we're going through a whole bunch of upgrades and decommissions. So when we lay the life cycle program on top of that risk determination, what it does is it tells you how long you're actually going to carry it until those assets are moved or sunset. I think that's another intersection that management could use.
2 upvotes