MoR ® Management of Risk Foundation & Practitioner - eLearning (exam included)

MoR ® Management of Risk Foundation & Practitioner - eLearning (exam included)

Management of Risk (M_o_R) is a general framework for managing risk in all areas of an organization - strategic, program, project and operational. It includes all activities necessary to identify and control exposure to any type of risk, positive or negative, that may affect the achievement of your organization's business objectives.The bulk of the course consists of ten sessions covering the principles, approach, processes, embedding & review and perspectives of the Management of Risk guidelines. The course also covers risk health checks, the Management of Risk maturity model and risk management specialties.

Course Description

Our eLearning training is very practical. The training includes case studies, interactive exercises and an exam simulator to test your knowledge before taking the real exam. 

The training is divided into a number of lessons, which combine leading multimedia and interactive exercises with theory. Learning with this elearning is fun, practical and gives you all the knowledge you need to pass the exam, as well as to apply immediately in your work. When you finish your training, you can test your knowledge with the MoP exam simulator. When you have answered more than 60% correctly, you can apply for the real M_o_R exam. The two official online exams are part of this eLearning training.

Key Features

• Course and material are in English
• Intermediate- advanced level for professionals
• 120 days access (each course) to the self-paced eLearning platform 24/7
• 10 hours total video content
• 26 hours study time recommendation
• All accompanying official course material & manuals (digital)
• 1 Foundation & 1 Practitioner exam simulator and online exercises with proposed solutions
• Exam voucher valid for 1 year for each courses. Online exam can be scheduled anytime.
• MoR® Foundation & Practitioner certificate of completion

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® is universally applicable and aligned with ISO standards.
M_o_R® 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.

Learning Outcome

• Provide participants with an understanding of the benefits and principles underlying a structured approach to assessing and managing risk.
• Apply the principles of M_o_R® within a work environment.
• Effectively communicate with colleagues and managers within a structured risk environment.
• Enable delegates to understand the M_o_R® method at Foundation and Practitioner level.

Target

The Risk Management course is aimed at any organization or individual who sees the need for guidance on a controlled approach to identifying, analyzing and managing risks at strategic, program, project and operational levels. This course is suitable for anyone interest in or responsible for corporate governance and the organization's overall exposure to risk.

• Corporate managers - responsible for corporate governance and the organization's overall exposure to risk
• Program managers - responsible for risks related to specific programs
• Project managers - responsible for managing risk in projects
• Operations managers - responsible for risks affecting the continuity of business services
• All other personnel with an interest in or responsibility for risk management within their organization

Pre-requisites

No prerequisites are necessary to apply the course, although delegates will be expected to have some theoretical knowledge gained during the Foundation training. However, in order to pass the Practitioner exam you need to be an MoR® Foundation holder.

Curriculum Foundation

M_o_R introduction

• 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

• 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

• A detailed overview of the 8 principles underlying the M_o_R guidelines

M_o_R Approach

• 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

• 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

• 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

• 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 & Maturity model

• 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

• 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

• How do you approach the M_o_R exam?

M_o_R exam simulator

• With sample questions in the style of the M_o_R exam and timed to facilitate your preparation.

Curriculum Practitioner

The main objectives of this course are:

• Provide participants with an understanding of the benefits and principles underlying a structured approach to assessing and managing risk.
• Apply the principles of M_o_R® within a work environment.
• Effectively communicate with colleagues and managers within a structured risk environment.
• Enable delegates to understand the M_o_R® method at Foundation level.

Contents Practitioner

• Introduction
• Principles of risk management
• Perspectives on risk management
• Roles and responsibilities
• Embed & Review, health check and maturity model
• The risk management approach
• Risk management process and techniques
• Risk Management Specialties
• Practical examples

Exam Information

Exams are taken online via remote proctor. You will be sent an email invitation approximately two weeks before course commencement to register on the Peoplecert portal. Once registered, you can book your online exam at a date and time. You are responsible for booking your exam.

Foundation exam

• Multiple-choice exam
• Duration 1 hour
• 75 questions (including five test questions)
• 50% success rate (35/70)
• Closed book

Practitioner exam

• Objective examination
• 3 hours duration
• Four questions per exam, 20 points per question available
• 50% passed grade (40/80)
• Open book (details below)
• Candidates can use the book: Management of Risk, Guidance for Practitioners (the Management of Risk 'guide'), along with: ABC Guide Part A Example Techniques guidance document. No materials may be used other than the question booklet, scenario booklet, answer booklet and the two manuals.