Subject: Enterprise Risk Management
Question: Quantitative vs. Qualitative Analysis Assignments
PART 1: Quantitative Analysis – For this assignment, you will need to perform a quantitative analysis on the below scenario. Please write your response in a brief APA formatted report.
You are the manager of desktop support for NASA. You are responsible for purchasing and managing all of the laptops NASA distributes to employees. There are 700 laptops currently in service. All of the laptops randomly leave the building and serve a mobile workforce. Read the following articles your CIO brought to you for consideration:
http://www.pcworld.com/article/251318/48_nasa_laptops_stolen_in_two_years_a_case_for_better_encryption_practices.html
Compute the SLE, ARO, ALE and safeguard value based on the information in these articles for a report your CIO plans to submit as a solution. For the safeguard value, find and price an appropriate physical and software solution(s) to safeguard theft and data loss. Once you pick a product, include a link to the page for pricing and item description. Present the realized savings in your report and the benefits of the solution you choose for safeguarding the laptops. Don’t forget to include your equations for ARO, ALE, safeguard value and realized savings calculations.
PART 2: Qualitative Analysis – For this assignment, you will need to perform a qualitative analysis on the below scenario. Please write your response in a spreadsheet like the one in attached (QualitativeAnalysisFormat.PNG)
For this part of the assignment, you can use the work you performed for last week (attached as LastWeekWork.docx). Take those 7 risks and arrange them into a spreadsheet. Perform a probability assessment and write about the impact of the risk for each of the 7, based on the geographical location of last week’s assignment. Use the following format: refer QualitativeAnalysisFormat.PNG for format