The Identifying, Measuring, and Managing Risk course is designed to enable you to identify business system risks, and the points in the business system where loss is most likely to occur due to those risks. This valuable skill will serve you well in today's risk-focused business world.
There's no way around it; taking risks is part of conducting business. But those risks your organization takes should be assessed before decisions are made. This course will help you do just that in no time at all.
Risks cannot be adequately controlled until the magnitude of those risks has been measured. This course will cover the methods used for measuring the magnitude of a risk and describe them thoroughly.
This course uses a threat point matrix which will show the relationship between a control objective and points in the system where that control objective has the least probability of being achieved.
This course will present an approach to identify business system risks, and the points in the business system where loss is most likely to occur due to those risks. The method used is a control objective-system processing threat point matrix. The matrix will show the relationship between the control objective and points in the system where that control objective has the least probability of being achieved. The process work papers will document the weakest points in the business system and the control objectives least likely to be achieved.
Course Objectives:
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