Page 5 - 4-Level Funnel Diagram Design for PowerPoint
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IT Change Management
Key Terminology
Acronym Description Category
A process to identify, assess, manage, and control potential events
Risk Management or situations to provide reasonable assurance regarding the Medium
achievement of the organization’s objectives
Plan to or process of restoring an area targeted for a potential
Rollback/backout Plan change to its original or previous state in the event implementation Medium
or planned implementation of the potential change is found to be
incorrect, unauthorized, or otherwise undesirable.
Vulnerability A condition that may expose an organization to unintended risks Medium
and consequences.
A composite view of the risk assumed at a particular level of the
entity or aspect of the business that positions management to
Risk Profile consider the types, severity, and interdependencies of risks and how Low
they may affect performance relative to the strategy and business
objectives.
Technological Risk that are associated with the utilization of Low
Risk technology in the organization
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