PPM Management of Risk (M_o_R®) Practitioner

Course Code: MoR2PRAC

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Duration

2 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

The follow on course from the M_o_R® Foundation certificate, which you must hold in order to be eligible to sit this course.  The Practitioner course goes into more of the application of the best practice learnt in the Foundation certificate.   It is essential that you have a copy of the ' Management of Risk: Guidance for Practitioners (the Management of Risk 'guide')  text book. The price listed includes an optional copy of this, which can be removed when booking if you already have one.

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Start Date

Venue

Availability

Cost

25/07/2024

Virtual

Full

£955*

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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

This certification is aimed at anyone working within a corporate governance environment that has responsibilities for identifying, assessing, planning, or managing risks, or reporting on risk management activities across the organisation.

Purpose of the course

The purpose of the Practitioner certification is to confirm whether you have sufficient understanding of how to apply and tailor M_o_R in a scenario situation. You should, with suitable direction, be able to start applying an M_o_R approach to any organisational perspective but may not be sufficiently skilled to do this appropriately for all situations. Your individual risk management expertise, complexity of the organisational context and the support provided for the use of M_o_R in your work environment will all be factors that impact what you can achieve.

You will learn how to


  • Apply the M_o_R method to a given scenario in a way that demonstrates understanding and application of the method

  • See risk as both an opportunity and a threat

  • Look at risk from a project, programme, operational and business perspective

  • Understand the differences between risk tolerance, risk appetite and risk exposure

Prerequisites

Completion of the M_o_R Foundation exam.

Benefits for you as an individual

By building upon your understanding of risk from the M_o_R Foundation course, the Practitioner course shows you have a further understanding of the subject and are able to apply better the tools and techniques you have learnt.

Benefits for your organisation

Risk is everywhere and being about to identify it and act accordingly is one of the biggest opportunities organisations can have.  Not just to manage their exposure to risks, but also to exploit them and gain an competitive or financial advantage.

MoR Principles

MoR Principles are worked through in detail, giving an understanding of the requirements and the benefits of both the:

  • Foundation Principles
  • Successive Principles

The MoR Approach

  • Policy
  • Process
  • Strategy and Plans
  • Risk Register
  • Issue Log

Embedding and Reviewing the Management of Risk

MoR Across the Perspectives

  • Develop an understanding of the four perspectives, and the concept of moving risk between the perspectives.
  • Operational
  • Project
  • Programme
  • Strategic

MoR Guidance

  • Risk Management Documents
  • Maturity Assessment
  • Health Checks
  • Risk Specialisms
  • Software Tools

Additional Exam Information


  • Objective testing

  • Four questions per paper, 20 marks available per question

  • 40 marks required to pass (out of 80 available) - 50%

  • Three hour duration

  • Open Book (Offical Text Only)



If you are attending a Face to Face course your exam will be a paper-based exam during your course.


If you are attending a Virtual course you’ll be issued an exam voucher to take the exam at a time of your choosing. Please see PeopleCert’s website for the security requirements for the web based exam driver.


This course is eligible for the PeopleCert Take2 scheme, please discuss at point of booking if this is of interest to you.


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


Pre-Coursework

3-4 hours of pre-course preparation is required, along with some evening work during the course. Pre-Course material will be sent to you 4-6 weeks before the start of the course.

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

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