please write at least 300 words and references must please follow instructions from uploaded file

1)Why is risk management important? Is there a a difference between risk management and risk analysis? Please be sure to explain why. Do not forget to follow the discussion forum guidelines.

2)Read the case study in chapter 15 starting on page 382. Based on what you read and if you were in the real world, discuss what information you will need to complete a total cost analysis for on premise equipment vs.IT resources vs the cloud resoruces.

3)For this discussion forum, justify what you think are the key components to creating a great cloud provisioning contract.

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