Assessment Brief

Pick one of the items below for your Main Post in this week’s discussion forum:IT Policies have a definitive life cycle. Explain each step of the IT Policy life cycle.Discuss fundamental principles around IT Policy structure, development, and management. Include potential repercussions if they are not followed.Explain GRC. How can it be used as part of a policy development framework.Compare and contrast GRC and ERM. Include at least one additional reference.Define taxonomy and specify how it would be used for IT Policy development and management.  Provide a specific example of a taxonomy.Compare and contrast similarities and differences between policies, standards, procedures, and guidelines. Provide at least one example of each.Correlate three business considerations related to security policy frameworks. Why do IT Leaders need to include potential impacts and costs of implementing the policy framework?Discuss when, where and how external and internal factors contribute to an effective policy framework. Include why and how these factors affect organizations.Delineate the roles and responsibilities of people involved in security policy framework creation. Why is it important to have different employees assigned to those roles? What is the impact if they are not? Define controls as it relates to IT Strategy, Policy, and Auditing. How does an IT Leader ensure realistic and adequate controls are in place?Requirement :One to One and Half Page.