Examines variety of quantitative models, including financial, economic and business models, to analyze real managerial problems for technology assessment and investment that affect all types of institutions. Introduces the concept of risk and risk management and discusses up-to-date methods for both qualitative and quantitative risk analysis. Focuses on training future information technology or security managers to make better risk decisions.
Learning Objectives
Upon successful completion of the course, students will be able to: Analyze and communicate appropriate financial, economical, and business models to assess technology investment decisions; Describe the fundamental concepts of Risk Management and Risk Management Life Cycle; Identify Risk Management Artifacts in an organizational environment; Conduct a Business Impact Assessment and develop a Security Risk Management plan; Compare the difference between qualitative and quantitative risk analysis methods and apply appropriate methods to the right situation; Describe the procedure for periodical security risk review.