PPM Management of Risk (M_o_R® 4) Practitioner

Course Code: Q3ClaProj563

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Duration

3 Day(s)

Course Type

Public or Private

Max Delegates

16

Delivery Style

Classroom

Learn how to implement an effective framework to make cost effective use of risk

Management of Risk (M_o_R®) is the best practice developed by the UK Government.  In today's business environment risk is being put under the spotlight more and more and this intensive course will introduce you to risk at project, programme, business and strategic levels.

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Start Date

Venue

Availability

Cost

25/03/2024

WR1 - Worcester, WR1 3EE

Available

£1400*

10/06/2024

WR1 - Worcester, WR1 3EE

Available

£1400*

27/08/2024

Virtual

Available

£1400*

04/11/2024

WR1 - Worcester, WR1 3EE

Available

£1400*

Course confirmed - Guaranteed to run
Course Full/Limited availability
Price shown excluding VAT.

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If you require the content of this event tailored or have around 7 or more people to train it maybe better for you to host a Private Event, please get in touch to discuss this.

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Description

Who is this course for

Portfolio, Programme and Project Professionals as well as any staff with risk management responsibilities, in project, programme or operational activities, or who are involved in improving risk management practice in their organisation.  Including; Operational; Risk; Business Change Managers and Directors.

Purpose of the course

Effective management of risk and informed risk-taking helps to improve performance through innovative approaches for managing the business, service delivery and value for money.  Risk is often perceived as a negative but this course will show you it can equally be a positive force.

You will learn how to


  • Understand risk management principles and their purpose

  • Understand how risk management can be utilised within the 6 perspectives

  • Implement the 8 risk management processes to create and protect value

  • Be aware of how People and Culture can effect the direction of Risk Management


Prerequisites

There are no prerequisites for this course although some previous experience of Risk Management in a working environment is advantageous, this can be from a Project, Programme or Organisational level.

Benefits for you as an individual

M_o_R offers a wide-ranging set of guidelines that will help in the management of risk in a project or programme environment. The course will help prepare the delegate for the exam. After attending the course, delegates should feel confident in approaching risk management and aware of the use of different techniques that can assist in this task.

Benefits for your organisation

As risk is a factor in all organisations, particularly when changes are being introduced, it can be of great benefit if individuals have been exposed to risk management in depth, expanding their awareness of how to identify and deal with risks (both threats and opportunities). This can seep into the culture of the organisation, heightening risk awareness.

Introduction

  • Overview of MoR
  • What is risk and risk management
  • Challenges of applying risk management
  • The MoR Manual

Principles

Overview of the principles:

  • Aligns with Objectives
  • Fits the Context
  • Engages Stakeholders
  • Provides clear guidance
  • Informs decision making
  • Facilitates Continual Improvement
  • Creates a support Culture
  • Achieves Measurable Value

Perspectives

Overview of Perspectives:

  • Strategic
  • Portfolio
  • Programme
  • Project
  • Product
  • Operational

People

  • Overview of people considerations
  • Decision Bias
  • Shaping a supportive culture
  • Overcoming common challenges in application

Processes

  • Define Context and objectives
  • Identify threats and opportunities
  • Prioritise Risks
  • Assess combined risk profile
  • Plan responses
  • Agree Contingency
  • Monitor and Report Progress
  • Review and Adapt

Implementing MoR4 Across different operating models

  • Purpose
  • Functional vs product -orientated operating models
  • The value of MoR4

Additional Exam Information


  • Practitioner objective-testing format

  • Exam duration - 2 hours and 15 Minutes

  • This is an ‘open book’ exam. 

  • Questions are multiple choice

  • A total score of 33 out of 65 (50% or higher) is required to pass

  • Only one exam


If you are attending a Face to Face course your exam will be taken during your course.


If you are attending a Virtual course your exam will be proctored live online using PeopleCert's Exam Shield software. You can find additional information regarding PeopleCert's online exam requirements Here including installing Exam Shield on their website.


Please note - it is compulsory to purchase the exam, although discretionary whether you take it.

Pre-Coursework

2 hours or pre-course reading is required. Pre-Course material will be sent to you 4-6 Weeks before the start of the course.

Pre-course reading and post course support Quanta Learn, our e-learning portal

Important Information:

Please note, there may be a small amount of evening work to complete such as further reading or working though sample exam papers.

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