Description of the COBIT 5 Risk Management Course

SEMINAR OBJECTIVES

Participants will gain an understanding of the "COBIT 5 for Risk" approach to managing risk. This approach focuses on establishing a risk function and building a risk management process. 

On completion of this seminar, participants will be able to:

  • Demonstrate an understanding of the Risk Function and Risk Management perspectives
  • Communicate how the COBIT 5 Enablers contribute the Risk Function perspective
    • Process aspects that impact risk management
    • Information flows
    • Organisational structures
  • Communicate how the COBIT 5 processes EDM 3 Governance of Risk and APO 12 Manage Risk establish an effective risk management capability.

SEMINAR CONTENTS

Participants will learn through discussion and practical examples how to establish a Risk Management function and implement the process and practices necessary for an integrated approach to effectively managing risk.

This seminar includes topics about:

  • Overview of COBIT 5 for Risk
  • The scope of risk management
  • An integrated process approach to managing risks
  • COBIT 5 process EDM 3 Governance of Risk
  • COBIT 5 process APO 12 Manage Risk
  • Comparison with ISO/IEC 31000, the international standard for risk management.