A certain amount of risk taking is inevitable if your organisation is to achieve its objectives. Effective management of risk helps you to improve performance. Informed risk-taking helps to improve performance through innovative approaches for managing the business, service delivery and value for money. Management of Risk (M_o_R) is the best practice developed by the UK government.
You will supplied with a copy of the 'Management of Risk: Guidance for Practitioner' book on day 1 of your course.
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This is the 3 day approach to gaining the Foundation qualification. It is an intense course that will require delegates to prepare thoroughly and be prepared for evening work throughout the course. The course includes the Foundation examination and prepares delegates for the Practitioner and Advanced Practitioner courses should they wish to move on to those levels.
This course is ideal for any staff who need to learn and apply the concepts of risk management and specifically understand the principles and language of the M_o_R method. For example Directors; All levels of Managers
Programme and Project Managers; Programme Office Staff; Business Change Managers; and Business Consultants.
- 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
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. This courses acts as a introduction to risk so you can start to heightening risk awareness within your organisation.
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 exam. Delegates will feel more confident in approaching risk management after attending the course and will be aware of the use of different techniques that can assist in this task.
The Introduction gives an overview of MoR, including:
- Introduction to Risk Management
- The MoR Examinations
- The MoR Manual
- The MoR Approach
MoR Principles are worked through in detail,
giving an understanding of the requirements and the benefits of both the:
- Foundation Principles
- Successive Principles
- Strategy and Plans
- Risk Register
- Issue Log
- Embedding and Reviewing the Management of Risk
Develop an understanding of the four perspectives,
and the concept of moving risk between the perspectives:
- Risk Management Documents
- Maturity Assessment
- Health Checks
- Risk Specialisms
- Software Tools
Delegates should have some familiarity with risk in a business context.
We recommend that delegates leave no more than 3 months between Foundation and Practitioner courses and exams. Ideally no more than 4 weeks.
15 hours of pre-course preparation work 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.
The Foundation exam is a 1 hour closed book multiple choice exam at the end of day 3 of the course. 35 marks required (out of 75 available) to pass - 50%, 5 questions to be trial and not counted in scores.
Quanta will issue your exam results to you via email, find out more about results timescales here.