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

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

Course Description

This is an intensive five-day course that prepares you for the M_o_R Foundation and Practitioner exams. The training is delivered via a virtual training environment. You must ensure that you can meet the technical requirements found here. In addition, while attending your course, there is also evening work for exam preparation.

The purpose of the Foundation qualification is to confirm that you have the necessary knowledge and understanding to contribute to the identification, assessment and control of risk in any organizational perspective. The Practitioner qualification ensures that you have gained sufficient understanding of how to apply and adapt M_o_R in a scenario situation.

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.

Key Features

• Course and material are in English
• Intermediate- Advanced level for professionals
• 5 days online classroom. 8 hours per day (3 day Foundation, 2 days Practitioner)
• Multimedia presentations, group exercises and discussions, practical workshops, case studies and practice exams.
• Licensed course materials, training slides, and sample papers in digital format
• 26 hours study time recommendation
• Foundation & Practitioner exam vouchers are included (valid for 1 year each) and scheduled anytime.
• MoR® Foundation and Practitioner certificate of completion

Target Audience

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 - 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

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.

Practitioner

The Practitioner element of the course follows the Practitioner syllabus and focuses on the application of all areas covered in the M_o_R Foundation course. It offers delegates the opportunity to practice Practitioner style questions in preparation for the Practitioner paper by incorporating the following:

• An overview of the whole M_o_R approach
• Syndicated and individual scenario-based exercises

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% passing 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.

FAQ

When is the classroom schedule?

Depending on the starting dates, our classroom courses are consecutively held from 10 am - 6 pm (CET) with lunch breaks in between

Will missing a live class affect my ability to complete the course?

Yes, you may be subject to not getting the exam voucher if you don't attend a class. Therefore, it's better always to let us know at least 2 weeks in advance if you require any rescheduling requests.

*note that reschedule request is not always given depending on the situation