Question: Data Analytics Application - Risk Management Exercise You are the chief IT architect/Project Manager of a Regional Bank. The CIO of the bank asked you
Data Analytics Application - Risk Management Exercise You are the chief IT architect/Project Manager of a Regional Bank. The CIO of the bank asked you to implement a new AI based data analytics application to grow the customer base and improve the performance of various banking products. As a technical architect/project manager, your technical team's responsibility is to implement this vendor based data analytics AI tool. Also need to upgrade 100 workstations with enhanced processing power/storage capacity - being used by the banking staff. This entail acquiring brand new workstations (100). The mandate is to complete the implementation in 6 months. Also to train the banking staff in using this application. Exercise: Develop a risk matrix - identifying 4 to 5 risk factors, risk probability for each risk factor, risk impact for each risk factor, and Mitigation action for each risk factor
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