Course Outline

MMIS 541 : Information Risk Management

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Last approved: Wed, 20 Jan 2016 14:11:44 GMT

Last edit: Wed, 20 Jan 2016 14:11:43 GMT

College of Business (WBUAD)
Information Risk Management
Management information system leaders' responsibility includes structuring the IT and information security functions to defend the organization's information assets, i.e., information and data, hardware, software, processes, networks and people. As the organization grows and develops for IT-based systems to remain viable, information security and the discipline of risk management must become an integral part of the economic basis for making business decisions. These decisions are based on trade-offs between the costs of applying information systems controls and the benefits realized from the operation of secured, available systems. Whether your company is small (<250), medium(>250) or large (>500), organizations must design and create safe environments in which business processes and procedures can function. This course addresses these unique environments and how they must maintain their confidentiality, privacy and assure the integrity of organizational data that are met via the application of the principles of risk management. Prerequisites: MMIS 501 and MMIS 502, or approval of the Program Chair

The goal of this course will be to explore a variety of risk management approaches as well as discuss how they are categorized and maintained effectively in the modern IT organization.

After completing this course, a student will be able to: Define and discuss risk management, risk identification, risk optimization, and risk control. Describe how risks are identified, assessed and documented. Assess risk based on probability of occurrence and likely impact to organizational objectives and goals. Describe the various risk mitigation strategy options. Identify the risk categories that can be used to classify controls. Examine the six stages of business process risk management and risk ownership. Use the existing conceptual frameworks for evaluating risk controls to formulate a cost benefit analysis. Describe how to maintain, optimize and perpetuate risk controls.

Located on the Daytona Beach Campus, the Jack R. Hunt Library is the primary library for all students of the Worldwide Campus. The Chief Academic Officer strongly recommends that every faculty member, where appropriate, require all students in his or her classes to access the Hunt Library or a comparable college-level local library for research. The results of this research can be used for class projects such as research papers, group discussion, or individual presentations. Students should feel comfortable with using the resources of the library. 

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Written assignments must be formatted in accordance with the current edition of the Publication Manual of the American Psychological Association (APA) unless otherwise instructed in individual assignments.

ActivityPercent of Grade
Input Grading Item100

Undergraduate Grade Scale

90 - 100% A
80 - 89% B
70 - 79% C
60 - 69% D
0 - 60% F

Graduate Grade Scale

90 - 100% A
80 - 89% B
70 - 79% C
0 - 69% F
Dr. Jim West - 2/23/2015
Lela Halawi - 2/23/2015
Aaron Glassman - 2/23/2015
Bobby McMasters
1-5 Master of Science in Management Information Systems 1. Understand the role of information and knowledge in organizations, and how to apply information management and knowledge management principles and techniques to support the accomplishment of organizational goals and objectives.
2. Use the principles of quality management to implement continuous business process improvements that achieve information systems’ reliability and robustness in sustainable ways.
3. Understand and apply systems engineering principles to the requirements analysis, design, development, implementation and operational support of organizational information and knowledge management systems.
4. Integrate various ethical, legal, technological and professional perspectives, both local and global, throughout the various MIS decision making and managerial and leadership processes.
5. Lead and manage the various aspects of information and knowledge management, stewardship and governance within a variety of organizational and mission contexts.
Key: 359