Course Overview

The unique challenges of IT projects make it mandatory an IT project manager be a skilled risk manager. Risk will always exist in IT projects given the need to deal with challenging requirements and expectations, complex and ever-changing technologies and business needs, and aggressive schedules and budgets to support business success. However, it is not inevitable that risk management will be an impossible task that will result in your being viewed as reactive, or worse, unresponsive.

In IT Risk Management, you’ll learn to look at risk management as a way to seize opportunities, minimize threats and achieve optimum results. You’ll work through the proactive approach to threat and opportunity— based on a clear understanding of the powerful nature of both qualitative and quantitative approaches to risk management.

Training Duration Total Training Hours : 22-26 Hours
Training Duration : 1 Week
Total Training Days : 4 Working Days
Training Schedules Weekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included

WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included

1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE - With Online Worldwide recognition facility

2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) - With Online Worldwide recognition facility "

Tests Yes
Learning Aids Yes
Course Material Hard & Soft Copies of Study Material
Language of Instruction English
Instructor Helpline Yes
1. Email
2. Social Media (For Emergency requirements)
Registration Requirements 1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
Mode of Payment: Cash / Cheque / Credit Card / Bank Transfer.
Eligibility Criteria
(Who should attend this training)

Businesses wanting to reduce and manage IT risks, to IT managers wanting to learn about risk management processes, and to IT professionals investigating IT risk methodologies.

IT practitioners who need to develop their skills that are crucial, as businesses embark on this massive transformation.

Course Benefits

Have an overview of both IT Risk and Risk Management.

Be introduced to IT Risk Management.

Be aware of the four components of Risk Management Methodology.

To understand Risk IT.

Course Contents / Outline


Briefing on Definition of Risk and Risk in context of Information Technology

Discussion and recording: Known risk scenarios

IT Risk Management Initiative

Project Planning Requirements


General Risk Scenarios

Understanding Business-specific, industry-specific, region/location-specific scenarios

Recording the scenarios

Management Buy-in

Degree of business dependence on information technology

Understanding and recording technology-specific risks

Tying in general risk scenarios with IT risks

Techniques of building business case


Project Planning

Resource Identification and Allocation

Understanding the Concepts and Techniques

IT Risk Management Cycle

Technology and business drivers

Risk Terms – Asset, Threat, Threat Agent, Threat Event, Vulnerability, Countermeasure, Risk, Residual Risk

Risk Assessment Methodology

ISO 31000:2009 Overview


IT Risk Assessment:

IT Process Selection

IT Component Selection

Approach Selection

Risk Discussion :

Risks from IT Strategy adopted

Risks from IT Processes and Plans

Risks from Networks and Systems

Risks from Business Applications

Risks from Internal Application

Risks from Devices – Security Implementation, Disaster Recovery, Business Continuity

Risks from Internal and External customers

Applying ISO 31000 and Risk IT for Risk Assessment

Challenges and Solutions

Case Study I

IT Risk Mitigation:

IT Risk Mitigation Options

IT Risk Mitigation Strategy

Controls’ Identification and Analysis

Cost Benefit Analysis

Calculating Residual Risk

Case Study II

Applying ISO 31000 and Risk IT for Risk Mitigation

Evaluation IT Risk Management Cycle:

Project Evaluation

Learning from Selection and Execution techniques

Integrating IT Risk Management with various frameworks and standards – BASEL II, ISO 20000, ITIL, COSO, COBIT, ISO 27001, BS 25999

IT Risk Management Cycle: A Revision"

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