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Y2K Risk Management

Y2K Risk Management
Author: Steven H. Goldberg
Publisher:
Total Pages: 340
Release: 1999-01-29
Genre: Business & Economics
ISBN:

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"It is naive to think we will all be prepared for Y2K by December 31, 1999. This is an important and timely book in which the authors provide clear and cogent advice for managing the entire spectrum of Year 2000 business and legal risks." -Dr. Edward Yardeni, Chief Economist, Deutsche Bank Securities Y2K Risk Management Every organization needs an effective risk management strategy to address Year 2000 business and legal risks, even if your own computer systems are repaired and tested. Your vendors may be unable to deliver supplies and customers unable to pay invoices. Failures of public and private infrastructure systems-such as power, water, and transportation-could cause major operational disruptions. If you suffer Y2K financial losses, you may need to seek compensation from responsible parties. Or if you are unable to meet contractual, fiduciary, or regulatory obligations as a result of Year 2000 problems, you may face litigation. This indispensable guide reveals the legal landscape unique to Y2K and covers such vital topics as: * Business and legal risk assessment * Identifying and safeguarding mission-critical business functions * Fast-tracking a Y2K project * Evaluating and protecting the supply chain * Developing contingency plans and fall-back procedures * Preparing a legal audit and reducing liability exposure * Substantiating due diligence of Y2K compliance efforts * Implications of the Year 2000 Information and Readiness Disclosure Act, SEC disclosure rules, and independent auditing guidelines * Insurance coverage issues * Exercising fiduciary duties and protecting corporate officers and information technology professionals * Litigation planning and alternative dispute resolution


Y2K Update

Y2K Update
Author: Insight Information Inc
Publisher:
Total Pages: 398
Release: 1999
Genre: Industrial project management
ISBN:

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Y2K Lessons Learned

Y2K Lessons Learned
Author: Timothy Braithwaite
Publisher:
Total Pages: 264
Release: 2000-05-22
Genre: Business & Economics
ISBN:

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Y2K lessons learned A Guide to Better Information Technology Management The Y2K worldwide computing crisis, arising from a largely preventable problem, appears to have been averted. This happened as a result of unprecedented cooperation, executive-level leadership, international mobilization, the exhaustive efforts of innumerable people, and the expenditure, in the United States alone, of over $100 billion. Whether, of course, a crisis-management approach such as this is the desirable model for insuring the success of twenty-first-century information technology (IT) initiatives is questionable. A more effective method is the preventive approach this book addresses in detail. In this timely guide, author Timothy Braithwaite argues that companies that struggled to resolve their Y2K problem did so because they had failed historically to adequately manage their use of information technology and the ways in which IT software and systems were built. Y2K Lessons Learned chronicles IT industry conditions and those preventable IT management and system development deficiencies that created not only the Y2K problem and crisis but most other IT problems with which many organizations are all too familiar. Unless taken seriously and acted upon, these conditions and deficiencies will continue to plague future IT endeavors. This accessible and highly informative book delivers practical problem-prevention guidance for the successful integration of IT into business and government systems. Specific IT management recommendations and systems development "best practices" are suggested that will substantially reduce the risk of a Y2K-like problem occurring in the future, such as security breaches. Many of these suggestions will require greater executive-level participation in IT decision-making. Multiple checklists and detailed management review guides are provided to facilitate this participation.


Identifying and Managing Project Risk

Identifying and Managing Project Risk
Author: Tom Kendrick
Publisher: AMACOM
Total Pages: 370
Release: 2009-02-27
Genre: Business & Economics
ISBN: 0814413412

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Winner of the Project Management Institute’s David I. Cleland Project Management Literature Award 2010 It’s no wonder that project managers spend so much time focusing their attention on risk identification. Important projects tend to be time constrained, pose huge technical challenges, and suffer from a lack of adequate resources. Identifying and Managing Project Risk, now updated and consistent with the very latest Project Management Body of Knowledge (PMBOK)® Guide, takes readers through every phase of a project, showing them how to consider the possible risks involved at every point in the process. Drawing on real-world situations and hundreds of examples, the book outlines proven methods, demonstrating key ideas for project risk planning and showing how to use high-level risk assessment tools. Analyzing aspects such as available resources, project scope, and scheduling, this new edition also explores the growing area of Enterprise Risk Management. Comprehensive and completely up-to-date, this book helps readers determine risk factors thoroughly and decisively...before a project gets derailed.


Countdown Y2K

Countdown Y2K
Author: Peter de Jager
Publisher: John Wiley & Sons
Total Pages: 378
Release: 1999
Genre: Business & Economics
ISBN:

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"For a book written about computers, and the management of technology, and the management of the people who have to manage the technology, Countdown displays unusual clarity and logic. Not only is the array of checklists and 'ask yourself' questions effective, they are also efficient." -Bruce Chapman, President, Discovery Institute Countdown Y2K Written by the experts who first sounded the international Y2K wake-up call, this complete update of the bestseller Managing 00 gives you the need-to-know facts about the most far-reaching computer glitch of all time. You'll find easy-to-follow explanations of the entire scope of the problem from the desktop to embedded systems, from the corporate backoffice to corporate liability, and from revenue loss to infrastructure failure. Emphasizing that the Y2K problem is much more of a management issue than a technical one, this straightforward guide gives you solid advice to ensure business continuity through and beyond January 1, 2000. Peter de Jager and Richard Bergeon also provide an updated picture of Y2K government activities and Y2K remediation progress worldwide. An extensive case study provides a snapshot of a hypothetical business in the process of evaluating Year 2000 risks. This and other valuable tools will help you formulate your own end-to-end Y2K survival plan. Countdown Y2K explains: * The background and current status of popular Y2K remedies * Commercial Y2K tools, outsourcing opportunities, and other solution resources * PC-based exposure and hidden dangers like the BIOS problem * Finding and inventorying embedded systems at risk * Testing procedures, including running a pilot program * Training and keeping your valuable Y2K staff * Evaluating Y2K risks from vendors and customers * International Y2K complications, like EMU * Legal issues and corporate liabilities * Triage, contingency planning, and disaster recovery Peter de Jager's Web site at www.year2000.com features current news and commentary, solution providers and staffing databases, and links to all relevant Year 2000 information.


Risk Management: The State of the Art

Risk Management: The State of the Art
Author: Stephen Figlewski
Publisher: Springer Science & Business Media
Total Pages: 228
Release: 2012-12-06
Genre: Business & Economics
ISBN: 146150791X

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Very often, we associate the dawn of modern financial theory with Harry Markowitz who in the 1950s introduced the formal mathematics of probability theory to the problem of managing risk in an asset portfolio. The 1970s saw the advent of formal models for pricing options and other derivative contracts, whose primary purpose was also financial risk management and hedging. But events in the 1990s made it clear that effective risk management is a critical element for success, and indeed, for long term survival, not only for financial institutions, but also for industrial firms, and even for nonprofit organizations and governmental bodies. These recent events vividly show that the world is filled with all manner of risks, and so risk management must extend far beyond the use of standard derivative instruments in routine hedging applications. The articles in this volume cover two broad themes. One theme emphasizes methods for identifying, modeling, and hedging specific types of financial and business risks. Articles in this category consider the technology of risk measurement, such as Value at Risk and extreme value theory; new classes of risk, such as liquidity risk; new financial instruments and markets for risk management, such as derivative contracts based on weather and on catastrophic insurance risks; and finally, credit risk, which has become one of the most important areas of practical interest for risk management. The second theme stresses risk management from the perspective of the firm and the financial system as a whole. Articles in this category analyze risk management in the international arena, including payment and settlement risks and sovereign risk pricing, risk management from the regulator's viewpoint, and risk management for financial institutions. The articles in this volume examine the "State of the Art" in risk management from the standpoint of academic researchers, market analysts and practitioners, and government observers.


Operational Risk Control with Basel II

Operational Risk Control with Basel II
Author: Dimitris N. Chorafas
Publisher: Elsevier
Total Pages: 400
Release: 2003-10-06
Genre: Business & Economics
ISBN: 0080473636

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Operational Risk Control with Basel II, provides a sound methodology for operational risk control and focuses on management risk and ways to avoid it. The book explains why and how information technology is a major operational risk and shows how to integrate cost control in the operational risk perspective. It aslo details analytical approaches to operational risk control, to help with scorecard developments, explains the distinction between High Frequency Low Risk and Low Frequency High Risk events and provides many case studeies from banking and insurance to demonstrate the attention operational risks deserve. Assists risk professionals in preparing their institution to comply with the New Capital Adequacy Framework issued by the Basel Committee on Banking Supervision, which becomes mandatory from January 1, 2006 Readers benefit from a significantly broader viewpoint on types of operational risks, operational risks controls, and results to be expected from operational risk management - compared to what the reader may gain from books previously published on this same topic


Year 2000 Emergency Management

Year 2000 Emergency Management
Author: United States. Congress. House. Committee on Government Reform. Subcommittee on Government Management, Information, and Technology
Publisher:
Total Pages: 202
Release: 1999
Genre: Computers
ISBN:

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The Complete Y2K Home Preparation Guide

The Complete Y2K Home Preparation Guide
Author: Edward Yourdon
Publisher:
Total Pages: 436
Release: 1999
Genre: Business & Economics
ISBN: 9780130143068

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