With the changing scenario of extracting value for money, return on investment, higher expected use of technology and to avoid the project or technology failures, organizations are paying increased attention to the non-functional requirements or technology risks.

Technology Risk Management aims at:

• Build mechanisms to
  - Maintain quality of services / software
  - Avoid Failures
  - If failure occurs / quality deteriorates, then contain impact
  - Ensure actions are implemented
  - Consistent communications
• During:-
  - Design and pre-design stage
  - Implementation
  - Operation of systems
• Drivers
  - Availability
  - Capacity and Performance
  - Root Cause Analysis
  - Monitoring Tools

This tutorial would bring to the attention various technology risks at hardware, OS, Database, Application , Network and Systems Management level; and mechanisms to manage them.

Mohan Bhatia is Master of Science, Post Graduate in Software Technology from National Center for Software Technology, Associate of ICWAI, and Associate of Indian Institute of Bankers, is a Certified Cash Manager from Association for Financial Professional- USA and is a Financial Risk Manager from Global Association of Risk Professionals USA.He has 16 years of experience in Insurance, Banking and Technology. He has worked with Life Insurance Corporation of India, Reserve Bank of India, Infosys Technologies Ltd.With iflex solutions ltd he is a Principal Consultant in the areas of - Payment Systems, IS Audit and Security, Basel II- credit and operational risks, Technology Risk Management and Enterprise Architecture.