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

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

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® 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 level for professionals
• 3 days online classroom. 8 hours per day with a certified trainer and Interactive exercises
• Multimedia presentations, group exercises and discussions, practical workshops, case studies and practice exams.
• Licensed course materials, training slides, and sample papers in digital format
• 12 hours study time recommendation
• Foundation  exam vouchers are included (valid for 1 year) and scheduled anytime.
• MoR® Foundation certificate of completion

Learning Objectives

The key objectives of this course are:

• Provide Delegates with an understanding of the benefits and principles underlying a structured approach to the assessment and management of risks.
• Apply the principles of M_o_R® within a work environment.
• Communicate effectively with colleagues and managers within a structured risk environment.
• Enable delegates to understand the M_o_R® method at the Foundation level.

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
• Programme managers – responsible for risk relating to specific programs
• Project managers – responsible for managing risk in projects
• Operational managers – responsible for risks that affect the ongoing continuity of business services
• All other personnel who have an interest or responsibility for the Management of Risk within their organization

Prerequisites:

There are no formal prerequisites to attend MoR® Foundation course and exam. We recommend that you have basic knowledge and experience of risk management.

Course Content

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 specialisms
• AXELOS best practice guidance

M_o_R walkthrough

• An overview and introduction to the structure of M_o_R
• An introduction to the principles, approach, processes, embedding and reviewing, and perspectives contained in the Management of Risk guidance

M_o_R Principles

• A detailed review of the 8 principles which underpin the M_o_R guidance

M_o_R Approach

• A look at the documentation supporting the M_o_R approach, including the Risk Management policy, process guide, strategies, etc.

M_o_R Processes

• The four main M_o_R processes of Identity, Assess, Plan, and Implement, along with the process inputs, outputs, goals, tasks, and techniques involved.

Embedding & Reviewing M_o_R

• This session looks at changing organizational culture, measuring the value and how to overcome the common barriers associated with the implementation of Risk Management, along with establishing opportunities for change

M_o_R Perspectives

• The M_o_R guidance describes the context of Risk Management from 4 different

organizational perspectives. These are Strategic, Programme, Project, and Operational, and this session looks at each in some detail.

M_o_R Health Check & Maturity Model

• M_o_R’s Health check tool, its purpose, process, and framework
• An introduction to the Management of the Risk maturity model, its use, composition, and the benefits

M_o_R Specialisms

• A look at some of the risk specialisms, including the management of Business Continuity, Incident and crisis, Health and safety, Security and Financial Risk

M_o_R Foundation Exam Technique

• How to approach the M_o_R examination

M_o_R Examination Simulator

• Featuring sample questions in the style of the M_o_R examination and timed to assist your preparation

Exam Information

Exam language: English, Danish, German, Polish

• Multiple choice examination questions
• 75 questions per paper
• Five questions are ‘trial questions’ and not counted in scores
• 35 marks required to pass (out of 70 available) - 50%
• 60 minutes’ duration (25% extra time for candidates taking the exam in a language other than their native language)
• Closed book.

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.

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