M_o_R® (Practitioner)

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

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.

Course Code
MoR2PRAC
Duration
2 Days
Delivery Style
Classroom
Course Type
Public or Private
Max Delegates
12
Available as Nutshell
No

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Purpose of this 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.

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.

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
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.

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.

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

The MoR Approach

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

Prerequisites

Completion of the M_o_R Foundation exam.

Pre-course work required

15 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.

More about the exam
  • 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)
Exam Fee
£203.00

About the Lead Trainer

Toby is a Project, Programme and Risk Management trainer with over twenty years’ experience in both public and private sector delivery. An accountant by profession, he is a rare breed in that he does indeed have a sense of humour. Very much a family man, if you meet him, no doubt you will hear about the ‘Boos’ in his attempt to bring aspects of the subject to life.