Mastering the Essentials of Risk Management Workshop in Singapore

Key elements of risk management: identify, assess, mitigate, monitor, and communicate risks to ensure business resilience and continuity.
About this Event

Certificate: Course Completion Certificate

Language: English

Duration: 1 Day

Credits: 8

Refreshments: Snacks, Beverages and Lunch included in a classroom session

Course Delivery: Classroom

Offers: Group of 5 - 10 people 10% Discount, Group of 11 - 20 people 15% Discount

Course Overview:

In today’s global economy and digital era, organizations are critically dependent on information technology (IT) to support their business goals. Protecting an organization’s information assets through effective risk management is essential for ensuring its mission is safeguarded from IT-related risks. This course provides a comprehensive overview of the necessary steps, criteria, and actions required to implement and sustain a robust Information Risk Management program.

Risk management is not only a technical function handled by IT professionals but also a critical management responsibility that involves identifying, assessing, and mitigating risks to an acceptable level. The course offers insight into various risk management methodologies and prepares professionals to manage risks effectively within an enterprise environment.

Learning Objectives:

By the end of this course, participants will be able to:

Understand and apply different risk methodologies suitable for individual enterprise environments.
Utilize risk assessment and analysis techniques.
Identify key components and definitions of risk.
Define and document risk management goals, objectives, and practices.
Recognize ISO principles and COBIT 4.1/5 elements related to IT risk management.
Apply the NIST 9-step IT risk assessment methodology to an enterprise-wide risk project.
Prepare and evaluate a Statement of Risk Management.
Comprehend the role of IT risk management in corporate governance.

Benefits of Taking This Course:

Position your risk management program for success by guiding risk owners in implementation responsibilities.
Communicate effectively with stakeholders using internationally recognized risk frameworks and guidelines.
Gain a deeper understanding of the unique risk management needs for your organization.
Enhance your value by designing a viable risk management program.

Follow-On Courses:

Elements of Risk Management – Intermediate Principles – Threat and Risk Assessment
Elements of Risk Management – Advanced Risk Concepts and Applications

Target Audience:

This course is ideal for:

Primary Audience: Internal and external auditors (IT, financial, operational), risk compliance officers, professionals involved in organizational or IT GRC (governance, risk, and compliance) initiatives.
Secondary Audience: Management consultants, controllers, directors of human resources, facilities managers.

Prerequisites:

None

Course Materials:

Students will receive a course manual with presentation slides and reference materials.

Technical Requirements:

For eBooks:

Internet access for downloading the eBook
A laptop, tablet, smartphone, or eReader (excluding Kindle)
Adobe DRM-supported software (e.g., Digital Editions, Bluefire Reader)
eBook download and activation instructions

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Agenda
Module 1: Risk Management Definitions and Principles
Module 2: Risk Management Policies and Requirements
Module 3: Defining Risk Management Goals and Objectives
Module 4: NIST Assessment Process – A Best Practice
Module 5: Course Learning Summary