Management of Risk (M_o_R) Foundation and Practitioner (inc exams)

Level

Management of Risk (M_o_R) Foundation and Practitioner (inc exams)

Aikona
Logo Aikona

Need more information? Get more details on the site of the provider.

Starting dates and places

This product does not have fixed starting dates and/or places.

Description

Overview

A certain amount of risk taking is inevitable if an organisation is both to achieve objectives and exploit opportunities effectively. The adoption of well-managed risk-taking is likely to lead to sustainable improvements in service improvement and business growth. The Framework will allow organizations to perceive potential problems before they either arise or become a threat to achievement.

This course is aimed at Business Managers, Programme and Project Managers, Operational Managers and any other roles within an organization which need to develop their knowledge and capabilities in the Management of Risk.

The course leads to the Registered Practitioner qualification via two exa…

Read the complete description

Frequently asked questions

There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.

Didn't find what you were looking for? See also: .

Overview

A certain amount of risk taking is inevitable if an organisation is both to achieve objectives and exploit opportunities effectively. The adoption of well-managed risk-taking is likely to lead to sustainable improvements in service improvement and business growth. The Framework will allow organizations to perceive potential problems before they either arise or become a threat to achievement.

This course is aimed at Business Managers, Programme and Project Managers, Operational Managers and any other roles within an organization which need to develop their knowledge and capabilities in the Management of Risk.

The course leads to the Registered Practitioner qualification via two exams. The first is a Foundation exam which is a 1-hour, 75-question, (70 exam and 5 trial) multiple-choice, closed-book examination. The second exam is the Practitioner exam which takes place on the morning of the final day and is a 3 hour objective test examination to gain the Practitioner qualification. During this exam, candidates may make use of their M_o_R® manual and a set of sample information provided during the course.

Prerequisites

There are no specific pre-requisites for this course but delegates will be expected to have experience in Operational or Project management.

As part of the preparation for this course you will receive pre-course work. This will take between 10 to 15 hours and will be essential to the success of the course. If you have not received your pre-reading material within one week of the start of your course, please contact your Account Manager or contact us at info@qa.com.

  • You may wish to bring a non-programmable calculator with you for the course and for use during the practitioner exam as simple calculations may be needed. (e.g 0.4 0.6 = 1)
  • You will receive your (OGC) 'Management of Risk: Guidance for Practitioners' manual on the 1st day of the course.
  • Please note: You must bring signed photo ID with you on any MoR exam days (passport, driving licence, student card) as you will be asked to produce it by the invigilator prior to the exam. You must also be familiar with the APMG Terms and Conditions of Certification which can be found here on the APMG International website. If you have a medical condition that you feel may affect your performance in a formal examination (e.g. dyslexia) please contact your Account Manager well in advance of the course. The examining board can make special dispensation for this but need medical evidence and time to organize this. Exam regulations prevent us or the board-appointed invigilator acting once the training course has started.

Objectives

By the end of this course delegates will be able to use the M_o_R approach to risk management to improve performance by contributing to:

  • Increased certainty and fewer surprises
  • Better Service Delivery
  • More effective management of change
  • More efficient use of resources
  • Better Management at all levels through improved decision making
  • Reducing waste and fraud
  • Better value for money
  • Innovation
  • Management of contingent and maintenance activities

Course Outline

Introduction

  • What is a risk?
  • Why do Risk Management?
  • How risk management is part of Corporate Governance & Internal Control
  • When to apply Risk Management
  • What are risk specialisms

M_o_R Principles for example:

  • Aligns with objectives
  • Fits the context
  • Engages stakeholders
  • Provides clear guidance
  • Informs decision making
  • Facilitates continual improvement
  • Creates a supportive culture
  • Achieves measurable value

M_o_R Approach

  • Setting up Risk Management Policies, Processes & Strategies
  • Using other related documents and the relationship between them:

Risk Register
Issue Register
Risk Improvement Plan
Risk response plan
risk reports
risk communication plan

M_o_R Processes

  • Identifying Risks
  • Assessing Risks
  • Planning for Implementation of Countermeasures
  • Communication

M_o_R Perspectives

  • Strategic
  • Programme
  • Project
  • Operational
  • Roles & Responsibilities

M_o_R Embedding and Reviewing Risk Management

  • Embedding the principles
  • Changing the culture for risk management
  • Measuring the value of risk management
  • Overcoming common process barriers
  • Identifying and establishing opportunities for change
  • Risk management maturity model
  • Health check

Examination preparation

  • Applying M_o_R to a case study

Examinations

  • The M_o_R Foundation Examination
  • The M_o_R Practitioner Examination

M_o_R® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries.

There are no reviews yet.

    Share your review

    Do you have experience with this course? Submit your review and help other people make the right choice. As a thank you for your effort we will donate £1.- to Stichting Edukans.

    There are no frequently asked questions yet. If you have any more questions or need help, contact our customer service.