Note that this course duration is now 1.5 days, with students sitting the exam on the morning of the second day.
Have you seen the combo bundle for this course? Take advantage of the discount on our M_o_R Foundation and Practitioner Combo.
The M_o_R Guide is intended to help organisations put in place an effective framework for risk management. This will help them make informed decisions about the risks that affect strategic, programme, project and operational objectives.
The guide provides a route map for risk management, bringing together basic concepts, an approach, a process with a set of interrelated process steps, and pointers to more detailed sources of advice on risk management techniques and specialisms. It also provides advice on how the principles, approach and processes should be embedded, reviewed and applied differently depending on the nature of the objectives at risk.
M_o_R defines risk as “an uncertain event or set of events which, should it occur, will have an effect on the achievement of objectives. A risk consists of a combination of the probability of a perceived threat or opportunity occurring and the magnitude of its impact on objectives”. Within this definition 'threat' describes an uncertain event that could have a negative impact; and 'opportunity' describes an uncertain event that could have a favourable impact.
M_o_R employs a best practice approach to managing opportunities and risks, providing a structured framework for risk management. Its aim is to help organisations to achieve their objectives by first identifying the risks and then choosing the right response to the threats and opportunities that are created by uncertainty.
The key features of Management of Risk training include:
A standard reference for risk management
A framework of best practice principles and concepts drawn from latest experiences and proven practice in risk management
A certification exam to demonstrate knowledge and understanding of the content and application of M_o_R
Compatibility with ISO 31000
These elements can be summed up by the statement that the “adoption of well managed risk-taking is likely to lead to sustainable improvements in service delivery”.
Organisations need to have in place the skills, management structures and organisational structures to take advantage of potential opportunities to perform better and to reduce the possibility of failure.
3 hour, open book, objective testing multiple choice exam held on day 2
50% pass required to attain certification
Passing the Foundation Exam is a pre-requisite for the Practitioner Exam
Note that some evening work is required – approximately 2 to 3 hours on day 1.
Portfolio, Programme and Project Management Support Office Staff
Audit and Risk Managers
To provide participants with an understanding of the benefits and principles underlying a structured approach to the assessment and management of risks at an organisational, portfolio, programme or project level.
Apply the principles of M_o_R within a work environment
Communicate effectively with colleagues and managers within a structured risk environment
M_o_R is under constant review so that the most practical and intelligent approaches to risk management can be applied to the current realities of operations, planning and strategy.
Participants must have completed DDLS' Management of Risk (M_o_R) Foundation course and successfully passed the Management of Risk (M_o_R) Foundation exam.
Introduction and Basic Concepts
The Management of Risk Principles
The Management of Risk Perspectives
Roles and Responsibilities
Embed and Review, Health-Check and Maturity Model
The Management of Risk Approach
The Management of Risk Process and Techniques
Management of Risk Specialisms
The M_o_R Practitioner course will build on the knowledge gained in the Foundation course, covering some areas in more depth. The focus is on the practical application of the principles, perspectives and techniques learned. Specially written scenarios and comprehensive sets of related tasks help provide a practical application of the M_o_R method.
Participants will also be comprehensively prepared to undertake the Practitioner exam, including working through a sample paper and discussion of answers.
If you need training for 3 or more people, you should ask us about onsite training. Putting aside the obvious location benefit, content can be customised to better meet your business objectives and more can be covered than in a public classroom. It's a cost effective option.
Submit an enquiry from any page on this site, and let us know you are interested in the requirements box, or simply mention it when we contact you.