Risk Management (RM)
Risk is not new. The Oxford English Dictionary cites the earliest use of the word in English (risque) from 1621, and defines risk as: “(Exposure to) the possibility of loss, injury, or other adverse or unwelcome circumstance; a chance or situation involving such a possibility.”
Risk is a constant in all areas of life. Management of risk must be a proactive process, rather than simply taking actions to avoid risk. Security professionals need tools and a consistent approach to identifying, assessing, prioritizing, managing and monitoring risks over time. This class teaches a means to determine alternatives to managing risks with a cost/benefit approach. This approach enables the security professional to prioritize or reprioritize needs as the risk landscape changes. Gain a systems approach to risk management for the protection of people, information, equipment, facilities, activities, and operations-all key areas in today’s global environment. Attendees develop the knowledge to fully understand and implement risk management fundamentals. This, coupled with the understanding that consistent risk practices enable senior managers to effectively allocate scarce resources at an affordable price, brings added competency to the industry.
Personnel who are preparing to provide, or who are currently providing, assessments and recommendations to senior managers. These senior managers’ responsibilities include accepting risk and funding of security programs and related problem sets.
Why Take the Course
- Meet the national security policy requirement that mandates the use of risk management methodologies.
- Learn to perform cost/benefit analyses to manage risk.