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Disclaimer: Due to the current uncertainty regarding coronavirus, many events are being cancelled or postponed. Please contact the event organiser directly via the contact details on the listing if you are unsure.

Mangates presents

Elements Of Risk Management 1 Day Training in Melbourne

  • Fri 8th Oct 2021, 9:00 AM - 5:00 PM
  • Levels 31 &, 50/120 Little Collins St, Melbourne VIC 3000
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Our classroom training provides you the opportunity to interact with instructors and benefit from face-to-face instruction.



About this Event




Course Description:


The mission of every organization is affected by today’s global economy and the digital era. Organizations are critically dependent on information technology (IT) to better support their business Goals. Risk Management plays a critical role in protecting an organization’s information assets, and its mission therein, from IT-related Risk. An effective Risk Management Process is an important component of a successful IT security program. The principal goal of an organization’s Risk Management Process should be to protect the organization and its ability to perform their mission, not just its IT assets. Therefore, the Risk Management Process should not be treated primarily as a technical function carried out by the IT experts who operate and manage the IT system, but as an essential Management function of the organization. 


Risk is the net negative impact of the exercise of a vulnerability, considering both the probability and the impact of occurrence. Risk Management is the Process of identifying Risk, assessing Risk, and taking steps to reduce Risk to an acceptable level. This Course provides an overview into the specific criteria, steps and actions necessary to implement and sustain a comprehensive Information Risk Management program. 


Course Topics:


● Module1: Risk Management Definitions and Principles


● Module2: Risk Management Policies and RequirementS


● Module3: Defining Risk Management Goals and Objectives


● Module4: NIST Assesment Process – A Best Practice


● Module5: Course Learning Summary 


Learning Goals:


● Address various Risk methodologies and assess application to individual enterprise environments.


● Explain and utilize Risk Assesment and analysis methodologies.


● Identify significant components of Risk and their respective Definitions.


● Define Risk Management Goals and Objectives.


● Document Risk Practices and Risk types.


● Recognize the ISO Principles of Risk Management.


● Understand the COBIT 4.1 and COBIT 5 elements related to IT Risk identification and Management.


● Apply the nine (9) steps of the NIST IT Risk Assesment methodology to an enterprise-wide Risk Assesment project.


● Prepare and evaluate a Statement of Risk Management.


● Describe the role and value of IT Risk Management as a basis of proactive corporate governance.


Course Agenda:


Day 1


● Pre Course Reading


● Risk Management Definitions and Principles


● Risk Management Policies and RequirementS


● Defining Risk Management Goals and Objectives


● NIST Assesment Process – A Best Practice


● Course Learning Summary


Who can Attend?


This workshop is intended for:


● Primary


● Internal and external auditors (IT, financial, operational)


● Risk Compliance Officers


● Professionals involved in organizational or IT GRC strategic initiative


● Secondary Audience


● Management consultants


● Controllers


● Directors of Human ReCourses


● Facilities Managers