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 to

Data Analytics Application Risk Management
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 Al 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 Al 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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