Management of Risk (MoR®) Foundation - Classroom (exam included)
1.850,00 EUR
- 2 days
Management of Risk (M_o_R) is a generic framework for managing risk across all parts of an organization - strategic, program, project, and operational. It incorporates all the activities required to identify and control the exposure to any type of risk, positive or negative, which may impact achieving your organization's business objectives. The main body of the course consists of ten sessions that cover the principles, approach, processes, embedding & reviewing, and perspectives of the Management of Risk guidance. The study also looks at risk health checks, the Management of the Risk maturity model, and risk management specialisms.
What is MoR® ?
Risk Management (M_o_R®) is designed to help organizations put in place an effective risk management framework that enables them to make informed decisions about the risks that affect their strategic, portfolio, programme, project, product or operational objectives. It provides practical guidance for effective risk management and shows how to link risks to opportunities and benefits. M_o_R® 4 is universally applicable and aligned with ISO standards.
M_o_R® 4 provides a modern value- and benefit-focused approach to risk management, which can be applied across all industries, sectors and regions and to different delivery methods, including Agile.
During this Risk Management (M_o_R) course, you will improve your skills and knowledge in Risk Management - M_o_R framework. You will be able to assess and make decisions about risks that affect your organization's performance. You will also be able to protect your organization by applying the activities required to identify and control your exposure to risks. This is possible by embedding and reviewing risk management in your organization's culture and by being able to implement and update risk management in any scenario.
Course timeline
M_o_R Introduction
Lesson 01
- The purpose of the M_o_R Guide
- What is risk management and why is it important?
- Corporate governance and internal control
- Where and when should risk management be applied?
- Risk specialties
- AXELOS best practice guidelines
M_o_R Walkthrough
Lesson 02
- An overview and introduction to the structure of M_o_R
- An introduction to the principles, approach, processes, embedding and review, and perspectives in the risk management guideline.
M_o_R Principles
Lesson 03
A detailed overview of the 8 principles underlying the M_o_R guidelines.
M_o_R Approach
Lesson 04
A look at the documentation that supports the M_o_R approach, including risk management policies, process guide, strategies and so on.
M_o_R Processes
Lesson 05
The 4 main M_o_R processes Identify, Assess, Plan and Implement, along with associated process inputs, outputs, goals, tasks and techniques.
Embed and View M_o_R
Lesson 06
This session looks at changing organizational culture, measuring value and overcoming common barriers to implementing Risk Management, along with identifying opportunities for change.
M_o_R Perspectives
Lesson 07
The M_o_R guideline describes the context of Risk Management from 4 different perspectives. These are Strategic, Program, Project and Operational and this session will look at each of these perspectives in a little more detail.
M_o_R Health Check and Maturity Model
Lesson 08
- M_o_R health monitoring tool, its purpose, process and framework.
- An introduction to the Management of Risk maturity model, its uses, composition and benefits.
M_o_R Specialties
Lesson 09
A look at some risk specialties, including business continuity management, incidents and crises, health and safety, security, and financial risks.
M_o_R Foundation Exam Technology
Lesson 10
How do you approach the M_o_R Exam?
Learning Outcomes
At the end of this Management of Risk Foundation (MOR) Course, you will be able to:
Provide delegates with an understanding of the benefits and principles behind a structured approach to assessing and managing risks.
Applying the Principles of M_o_R within a Work Environment
Communicate Effectively with Colleagues and Managers withing a Structured Risk Environment
Enable Delegates to Understand M_o_R method at the Foundation Level
Key Features
2 days online classroom
With accredited teacher
Material
All accompanying official course material & manuals (digital)
Official Exam
Exam voucher is included (valid for 1 year). Pick your own date! Exam is online.
Certification
Certificate of completion of the course and passing the exam is included
Who Should Enroll in This Program?
Anyone who has an interest or responsibility for the Management of Risk within their organization especially those who are responsible for risks that affect the ongoing continuity of business services. Individual who sees the need for guidance on a controlled approach to identifying, analyzing and managing risks at strategic, program, project and operational levels.
Corporate Managers
Program Manager
Project Manager
Operational Manager
Exam details
The exam is taken online and gives you the convenient choice of writing the exam at home or in the office
Examination format Risk management M_o_R
- Multiple choice exam
- 75 min duration
- 75 questions (including five test questions)
- 50% pass rate (35/70)
- Closed book
Add the "take2" second chance option to your test voucher!
AVC gives you the chance to retake the exam if you fail the first attempt, for only €60/600 kr. You will have up to 6 months from the first attempt to take your exam again.
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