Signup as a Tutor

As a tutor you can connect with more than a million students and grow your network.

Risk Management based on ISO 31000 Methodology

No Reviews Yet

Course type: Online Instructor led Course

Platform: Go to Meeting

Course ID: 43265

Course type: Online Instructor led Course

Platform: Go to Meeting

Students Interested 0 (Seats Left 0)

No Reviews Yet

About the Course

Establish a risk management framework. These are the rules governing how you intend to identify risks, to whom you will assign risk ownership, how the risks impact on the confidentiality, integrity and availability of the information, and the method of calculating the estimated impact and likelihood of the risk occurring. A formal risk assessment methodology needs to address four issues and should be approved by top management:

  • Baseline security criteria

  • Risk scale

  • Risk appetite

  • Scenario- or asset-based risk assessment


Identify risks

Identifying the risks that can affect the confidentiality, integrity and availability of information is the most time-consuming part of the risk assessment process. IT Governance recommends following an asset-based risk assessment process. Developing a list of information assets is a good place to start. It will be easiest to work from an existing list of information assets that includes hard copies of information, electronic files, removable media, mobile devices and intangibles, such as intellectual property.


Analyse risks

Identify the threats and vulnerabilities that apply to each asset. For instance, the threat could be â??theft of mobile deviceâ??, and the vulnerability could be â??lack of formal policy for mobile devicesâ??. Assign impact and likelihood values based on your risk criteria.


Evaluate risks

You need to weigh each risk against your predetermined levels of acceptable risk, and prioritise which risks need to be addressed in which order.


Select risk treatment options

There are four suggested ways to treat risks:

  • 1. â??Avoidâ?? the risk by eliminating it entirely.

  • 2. â??Modifyâ?? the risk by applying security controls.

  • 3. â??Shareâ?? the risk to a third party (through insurance or outsourced).

  • 4. â??Retainâ?? the risk (if the risk falls within established risk acceptance criteria).

Date and Time

Not decided yet.

About the Trainer

Vijayvitthal V Bellary picture

5 Avg Rating

1 Reviews

1 Students

1 Courses

Vijayvitthal V Bellary


12 Years of Experience

Quality Manager with 12 years of experience in QMS, Quality tools,TQM and certified ISO 27001:2013 ,ISO 9001 : 2015 and Risk Management Lead Auditor and Trainer.


No reviews currently Be the First to Review


Students Interested 0 (Seats Left 0)

Post your requirement and let us connect you with best possible matches for Risk Management classes Post your requirement now


Submit your enquiry for Risk Management based on ISO 31000 Methodology

Please enter valid question or comment

Please enter your name.

Please enter valid Phone Number

Please enter the Pin Code.

Please check the fields again.

By submitting, you agree to our Terms of use and Privacy Policy

Connect With Vijay

You have reached a limit!

We only allow 20 Tutor contacts under a category. Please send us an email at for contacting more Tutors.

You Already have an UrbanPro Account

Please Login to continue

Please Enter valid Email or Phone Number

Please Enter your Password

Please enter the OTP sent to your registered mobile number.

Please Enter valid Password or OTP

Forgot Password? Resend OTP OTP Sent

Sorry, we were not able to find a user with that username and password.

We have sent you an OTP to your register email address and registered number. Please enter OTP as Password to continue

Further Information Received

Thank you for providing more information about your requirement. You will hear back soon from the trainer is India's largest network of most trusted tutors and institutes. Over 25 lakh students rely on, to fulfill their learning requirements across 1,000+ categories. Using, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 6.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more