Become Zero to hero in Risk Management Fundamentals
- 4.8
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Brief Introduction
Detailed guide on Risks management conceptsDescription
Why risk management is important in business?
Risk management is important in an organization because without it, a organization cannot define its objectives or Goals clearly for the future. The capability to manage risk will help organization to act more confidently on future business decisions.
The real risk in business : Not knowing which risks are worth taking.
Risk management is an absolutely critical component for any organization overall strategy.
This course is organized in 9 sections:
Section 1 gives an Introduction to the concept of Risk Management and you will learn below concepts:
Why to Manage Risk
Why Risk Management
Components of Risk management
Section 2 describes the Risk Management Terminologies, and and you will learn below concepts:
Importance of Risk Management Terminologies
What are Assets ?
What are Threats ?
What is Vulnerability ?
What is Impact and Likelihood
Risk Governance Vs Risk Management
What is Risk Tolerance
Section 3 discusses Risk Management Frameworks and you will learn below concepts:
Risk management on Higher level
What is Risk Management Framework ?
ISO/IEC31000, ISO 27005, NIST SP 800-37 and NIST SP 800-39
NIST (SP 800-37), Risk Management framework for Federal Information systems
Section 4 discusses Risk Management Process - 50,000 ft Overview and you will learn below concepts:
Part 1 - Frame or Setting up the Context
Part 2 - Assess the Risk
Part 3 - Respond to Risk
Part 4 - Monitor the Risk
Section 5 discusses about Risk Management Framework - part 01 Deep Dive and you will learn below concepts:
Scoping of Risks
Risk Management team and its efforts
Where to check if there are Existing Risks
Section 6 discusses about Risk Assessment - Part 02 Deep Dive and you will learn below concepts:
What is Threat Modelling
Threat Modelling Techniques
Risk Assessment Methodologies
Output : Risk Assessment Results
Section 7 discusses about Risk Mitigation - Part 03 Deep Dive and you will learn below concepts:
What is Risk Reduction or Mitigation
What is Risk Transfer
What is Risk Avoidance
What is Risk Acceptance
Section 8 discusses about Risk Monitoring - Part 04 Deep Dive and you will learn below concepts:
Why Risk Monitoring
What to do in Risk Monitoring phase
Section 9 : Bonus Section
Best Practices in Risk Management
Quiz
Requirements
- Requirements
- No special knowledge required for this course, just a ZEAL to learn about Risk Management concepts.
- A Cup of Coffee :)
Varinder K
4.8 Raiting
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