Foundations of Risk Management – 1 Day Workshop in Melbourne

Bring your team and save:

1. Groups of three or more receive a 10% discount

2. Organizations hosting an in-house session with 10+ participants enjoy a 15% discount.

Duration: 1 Full Day (8 Hours)
Delivery Mode: Classroom (In-Person)
Language: English
Credits: 8 PDUs/Training Hours
Certification: Course Completion Certificate
Refreshments: Lunch, Snacks and beverages will be provided during the session

Course Overview:

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.

Learning Objectives:

After completing this course, you will be able to:

● Address various risk methodologies and assess application to individual enterprise environments.
● Explain and utilize risk assessment 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 assessment methodology to an enterprise-wide risk assessment 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.

Benefits of Taking This Course:

● Position your risk management program for success by learning how to coach risk owners regarding implementation responsibility and process.
● Communicate and consult more effectively with critical stakeholders by sharing internationally recognized risk frameworks and guidelines.
● Broaden your understanding of risk through an understanding of the unique risk management needs for your organization.
● Increase your value to your organization by learning to design a viable risk management program.

Target Audience:

This workshop is intended for the Primary and Secondary audiences listed above.

Why is it Right Fit for You?

This program is ideal if you want to strengthen your organization’s resilience against IT-related risks while aligning risk management with strategic business objectives. It provides structured methodologies, globally recognized frameworks, and practical assessment techniques that empower you to move beyond reactive risk handling toward proactive governance. Whether you are in audit, compliance, consulting, or management, this course equips you with the tools to design and sustain an effective enterprise-wide risk management program.

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Can this Risk Management course be customized for our organization?

Yes, we offer customized in-house Risk Management programs tailored to your industry, regulatory environment, and internal governance frameworks. The training can incorporate your organization’s existing policies, risk registers, and compliance requirements to ensure practical application and measurable improvement. Delivery format, focus areas, and case studies can be aligned with your enterprise risk management strategy.

Contact us today to schedule a customized in-house, face-to-face session:

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