National CAE Designated Institution
  • Online, Instructor-Led
Course Description

The course covers the ways in which the CISO can apply a knowledge of financial and budgeting processes across the full scope of an enterprise to improve decision making, enhance financial monitoring and performance, lead and evaluate resource tradeoff decisions, articulate the return on investment of security systems and investments, comply with best-practices, ethics and financial management policies, and provide the greatest security value for the cost. The first half of the course establishes the context and basics of financial management and budgeting and the second half of the course builds on that knowledge through application in a variety of common financial management scenarios such as security systems acquisitions, contract financial management, program budgeting and justification, and coping with change.

Learning Objectives

Students will be able to: 1) Apply the principles of sound financial management to the evaluation of an existing security program; 2) Evaluate the likelihood of a security program achieving its cost, schedule, budget objectives; 3) Examine security program options for responding to a changes in the amount, timing, or type of program/project funding; 4) Apply cost and program estimating techniques to plan and justify a new security program or investment initiative; 5) Strategize how to identify potential sources of suitable funding to support current or future security program requirements; 6) Analyze and validate common financial metrics associated with a security program; 7) Analyze current requirements and develop a sound, justifiable multi - year budget; 8) Assess the requirements and challenges of security return on investment (ROI) measures; 9) Evaluate security requirements and make a recommendation on the best approach to contract for the services/systems.

Framework Connections

The materials within this course focus on the NICE Framework Task, Knowledge, and Skill statements identified within the indicated NICE Framework component(s):

Specialty Areas

  • Cyber Operational Planning

Specialty Areas have been removed from the NICE Framework. With the recent release of the new NICE Framework data, updates to courses are underway. Until this course can be updated, this historical information is provided to give better context as to how it can help you with your cybersecurity goals.

Feedback

If you would like to provide feedback on this course, please e-mail the NICCS team at NICCS@hq.dhs.gov. Please keep in mind that NICCS does not own this course or accept payment for course entry. If you have questions related to the details of this course, such as cost, prerequisites, how to register, etc., please contact the course training provider directly. You can find course training provider contact information by following the link that says “Visit course page for more information...” on this page.