M_o_R® Combined (Foundation & Practitioner)

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

Management of Risk (M_o_R®) is the best practise 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.

You will supplied with a copy of the 'Management of Risk: Guidance for Practitioner' book on day 1 of your course.

Course Code
MoR5PRC
Duration
5 Days
Delivery Style
Classroom
Course Type
Public or Private
Max Delegates
12
Special Instructions
Photographic ID is required to sit the examination.
Available as Nutshell
No

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  • 25 Feb 2019
  • VenueWorcester
  • Cost 
  • AvailabilityFull
  • 17 Jun 2019
  • VenueWorcester
  • Cost£1,996
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  • 29 Jul 2019
  • VenueWorcester
  • Cost£1,996
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  • 21 Oct 2019
  • VenueWorcester
  • Cost£1,996
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The above prices include an exam fee of £346.00

Purpose of this 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.

Who is this course for

This course is ideal for 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.

You will learn how to
  • Identify, assess and report on risks
  • Use techniques to achieve the above
  • Understand the differences between risk tolerance, risk appetite and risk exposure
  • Understand different risk perspectives
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.

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 Foundation and Practitioner exams. 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.

Introduction

The Introduction gives an overview of MoR, including:
Introduction to Risk Management
The MoR Examinations
The MoR Manual
The MoR Approach

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 pre-course workbook and reading.  Some previous experience of Risk Management in a working environment is advantageous, this can be from a Project, Programme or Organisational level.

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

The Foundation exam will be sat at the end of Day 3 and is a multiple-choice paper containing 75 questions to be answered in 60 minutes. This is a closed-book examination.

The Practitioner exam is sat at the end of day 5 and is in an objective-testing format, 3 hours in length and contains 4 questions (worth 20 marks each), giving a maximum of 80 marks in the paper. You need to achieve a score of 50% to pass this paper.  The exam is an 'open book' examination, the course text is allowed.

Quanta will issue your exam results to you via email, find out more about results timescales here.

Exam Fee
£346.00

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.