Management of Risk MoR Foundation

Duration: 
3 days

Overview

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.

Foundation exam

  • 60 minutes, 75 questions, multiple choice exam held on day 3
  • 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 days 1 and 2.

Audience

  • Portfolio Managers
  • Programme Managers
  • Project Managers
  • Senior Executives
  • Portfolio, Programme and Project Management Support Office Staff
  • Operations Managers
  • Audit and Risk Managers

Skills Gained

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.

To furthermore:

  • 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.

Prerequisites

This course has no prerequisites, however the following would be an advantage:

  • Experience of working in organisational, programme, project or operational risk management environment
  • Previous training and development in some type of organisational, programme or project management risk management

Course Outline

  • 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

Participants will cover the following syllabus areas:

  • IG – Introduction and Glossary
  • PI – Principles
  • AP – Approach
  • PR – Process
  • ER – Embedding and Review
  • PE – Perspectives
  • CT – Common Techniques
  • RS – Risk Specialisms
  • Identify Risks
  • Assess and Evaluate/Estimate Risks
  • Plan Risk Mitigation
  • Implement Risk Mitigation
  • Risk Management Policy, Process Guide and Strategies
  • Introduction: Introducing basic concepts and terms, the history, regulatory and legislative background of corporate governance and management of risk, how it works, where and when it is important and how different levels, perspectives, roles and responsibilities can be considered to form a coherent approach.
  • The Management of Risk Principles: The universal, self-validating and empowering principles of Management of Risk. These are essential for the development of good risk management practice. The principles are informed by corporate governance principles and ISO31000:2009
  • The Management of Risk Perspectives: The way in which Management of Risk is applied will vary according to the organisational perspective. This session explains how this will be achieved for the Strategic, Programme, Project and Operational perspectives.
  • Roles and Responsibilities: This session explains the responsibilities for Management of Risk through the perspectives.
  • Embed and Review, Health-Check and Maturity Model: Having explained the need for and approach to integration of Management of Risk into the culture of the organization, this session then explains the use of the Health-check to establish the current status of Management of Risk and the Maturity Model to help deliver the Facilitates Continual Improvement principle.
  • The Management of Risk Approach: This session explains the documentation required to support successful Management of Risk and discusses how this might be tuned to specific organisational needs.
  • The Management of Risk Process and Techniques: This session will cover the Management of Risk process steps of Identify, Assess, Plan and Implement in detail. Recommended techniques to support each step are discussed and demonstrated.
  • Management of Risk Specialisms: This session will provide introductions to some risk management specialisms. For example: Business Continuity, Incident and Crisis Management, Health and Safety Management, Security Risk Management, Financial Risk Management, Environmental Risk Management, Reputational Risk Management and Contract Risk Management.

Thinking about Onsite?

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.

Upcoming Dates

  • GREEN This class is Guaranteed To Run.
  • SPVC - Self-Paced Virtual Class.
  • Click a Date to Enroll.
Course Location Days Cost Date
London
London3 1314 £1314 2019-08-12
Cheshire
Chester3 1314 £1314 2019-08-27
Hampshire
Portsmouth3 1314 £1314 2019-08-27
Jersey
Jersey3 1314 £1314 2019-08-27
Devon
Exeter3 1314 £1314 2019-08-27
Essex
Colchester3 1314 £1314 2019-08-27
Middlesbrough
Middlesbrough3 1314 £1314 2019-08-27
Northamptonshire
Corby3 1314 £1314 2019-08-27
Lincolnshire
Lincoln3 1314 £1314 2019-08-27
Manchester
Bolton3 1314 £1314 2019-08-27
Fife
Dunfermline3 1314 £1314 2019-08-27
Dorset
Bournemouth3 1314 £1314 2019-08-27
Oxfordshire
Oxford3 1314 £1314 2019-08-27
Somerset
Bath3 1314 £1314 2019-08-27
Warwickshire
Warwick3 1314 £1314 2019-08-27
London
Gatwick3 1314 £1314 2019-08-27
West Sussex
Chichester3 1314 £1314 2019-08-27
Kent
Tonbridge3 1314 £1314 2019-08-27
Leicestershire
Hinckley3 1314 £1314 2019-08-27
Yorkshire
Doncaster3 1314 £1314 2019-08-27
Midlands
Coventry3 1314 £1314 2019-08-27
Kent
Chatham3 1314 £1314 2019-08-27
Cheshire
Crewe3 1314 £1314 2019-08-27
London
Heathrow3 1314 £1314 2019-08-27
Cheshire
Warrington3 1314 £1314 2019-08-27
Yorkshire
Wakefield3 1314 £1314 2019-08-27
Yorkshire
Harrogate3 1314 £1314 2019-08-27
Dundee
Dundee3 1314 £1314 2019-08-27
Hertfordshire
Watford3 1314 £1314 2019-08-27
Staffordshire
Stoke on Trent3 1314 £1314 2019-08-27
Cumbria
Carlisle3 1314 £1314 2019-08-27
Cambridgeshire
Peterborough3 1314 £1314 2019-08-27
Leicestershire
Leicester3 1314 £1314 2019-08-27
Gloucester
Gloucester3 1314 £1314 2019-08-27
Berkshire
Slough3 1314 £1314 2019-08-27
London
London3 1314 £1314 2019-08-27
Essex
Chelmsford3 1314 £1314 2019-08-27
Yorkshire
York3 1314 £1314 2019-08-27
Bedfordshire
Luton3 1314 £1314 2019-08-27
Midlands
Solihull3 1314 £1314 2019-08-27
Inverness
Inverness3 1314 £1314 2019-08-27
Buckingshire
High Wycombe3 1314 £1314 2019-08-27
Midlands
Wolverhampton3 1314 £1314 2019-08-27
Dorset
Fleet3 1314 £1314 2019-08-27
Derbyshire
Buxton3 1314 £1314 2019-08-27
Middlesbrough
Teeside3 1314 £1314 2019-08-27
Worcestershire
Worcester3 1314 £1314 2019-08-27
Kent
Canterbury3 1314 £1314 2019-08-27
Devon
Plymouth3 1314 £1314 2019-08-27
Lancashire
Chorley3 1314 £1314 2019-08-27
Derbyshire
Burton upon Trent3 1314 £1314 2019-08-27
Bedfordshire
Bedford3 1314 £1314 2019-08-27
Glamorgan
Swansea3 1314 £1314 2019-08-27
Merseyside
Liverpool3 1314 £1314 2019-08-27
Sunderland
Sunderland3 1314 £1314 2019-08-27
Gloucestershire
Cirencester3 1314 £1314 2019-08-27
Berkshire
Swindon3 1314 £1314 2019-08-27
Dorset
Poole3 1314 £1314 2019-08-27
Midlands
Derby3 1314 £1314 2019-08-27
Clwyd
Wrexham3 1314 £1314 2019-08-27
Surrey
Guildford3 1314 £1314 2019-08-27
Berkshire
Bracknell3 1314 £1314 2019-08-27
County Durham
Darlington3 1314 £1314 2019-08-27
Suffolk
Ipswich3 1314 £1314 2019-08-27
Midlands
Northampton3 1314 £1314 2019-08-27
Midlands
Birmingham3 1314 £1314 2019-09-02
Midlands
Birmingham3 1314 £1314 2019-09-02
Virtual
Virtual3 1314 £1314 2019-09-02
Glasgow
Glasgow3 1314 £1314 2019-09-09
London
London3 1314 £1314 2019-09-09
Yorkshire
Leeds3 1314 £1314 2019-09-16
Berkshire
Reading3 1314 £1314 2019-09-23
Norfolk
Norwich3 1314 £1314 2019-09-23
London
London3 1314 £1314 2019-09-30
Manchester
Manchester3 1314 £1314 2019-09-30
Midlands
Birmingham3 1314 £1314 2019-10-02
Edinburgh
Edinburgh3 1314 £1314 2019-10-02
Bristol
Bristol3 1314 £1314 2019-10-02
Hampshire
Southampton3 1314 £1314 2019-10-07
Virtual
Virtual3 1314 £1314 2019-10-07
London
London3 1314 £1314 2019-10-14
Yorkshire
Leeds3 1314 £1314 2019-10-14
Buckinghamshire
Milton Keynes3 1314 £1314 2019-10-28
Virtual
Virtual3 1314 £1314 2019-11-04
London
London3 1314 £1314 2019-11-11
Manchester
Manchester3 1314 £1314 2019-11-25
Midlands
Birmingham3 1314 £1314 2019-12-02
Midlands
Birmingham3 1314 £1314 2019-12-02
Virtual
Virtual3 1314 £1314 2019-12-02
London
London3 1314 £1314 2019-12-02
Midlands
Birmingham3 1314 £1314 2019-12-04
Bristol
Bristol3 1314 £1314 2019-12-04
Bristol
Bristol3 1314 £1314 2019-12-09
Bristol
Bristol3 1314 £1314 2019-12-09
Bristol
Bristol3 1314 £1314 2019-12-09
Midlands
Birmingham3 1314 £1314 2019-12-16
London
London3 1314 £1314 2019-12-16
London
London3 1314 £1314 2020-01-20