Define risk and risk management and risk control

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Reference no: EM132340855

RISK MANAGEMENT & CONTROL

Course Description

The course focuses on risk management and control based on how organizations decision process flow and the general work flow management principles. The course should be able to identify and analyze key risk issues in management information systems and selector chooses the best risk management techniques. Further the course should be able to give students the different methods of monitoring of risks and apply best control techniques.

Course Objectives

The objectives of this course are to,

• introduce the key concepts of risk management and control

• Introduce the best control measure used in risk management

• Introduce the relationships between work flow management decision making and how they can be affected by poor risk management within an information system

Expected Learning Outcome

By the end of the course the student should be able to,

• Define risk, risk management and risk control

• Identify risks in organization information systems and their work flow

• Explain the different types of risks

Reference no: EM132340855

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