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M_o_R® Foundation Training

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Equip yourself with the core techniques for managing risks to strategy, programmes, projects and operations in the workplace on this M_o_R® Foundation course. M_o_R® is a Registered Trade Mark of AXELOS Limited

M_o_R Foundation Training

What is the M_o_R® Foundation course? 

The M_o_R® (Management of Risk) Foundation course, is one of five M_o_R® training courses. Over three days you will be provided with a generic framework for the management of risk across all parts of an organisation. This risk management course you will show you how to measure, assess and manage risk and help you manage the risk by avoiding it, transferring it and reducing the impact of the risk. This M_o_R® Foundation course will provide an understanding of the 4 elements of the M_o_R® business framework and how these aid corporate governance. These four elements are:

  • Strategic
  • Programme
  • Project
  • Operational

M_o_R Training & Exams provided through ATO SPOCE Project Management Ltd.

What are the M_o_R® Foundation Course Objectives?

The key objectives of this course are:

  • Provide Delegates with an understanding of the benefits and principles underlying a structured approach to the assessment and management of risks
  • Apply the principles of M_o_R® within a work environment
  • Communicate effectively with colleagues and managers within a structured risk environment
  • Enable delegates to understand the M_o_R® method at the Foundation level

Who is the M_o_R® Foundation course for?

This course is for any organisation or individual with an interest in risk management or requiring guidance on a controlled approach to identifying, assessing and controlling risks within an organisations' environment. The Foundation certification is recommended for:

  • Programme and Project Managers
  • Risk Managers
  • Business Change Managers
  • Operational Staff and Managers
  • Business, Programme and Project and Support Staff and Managers
  • Staff and Managers who originate from other disciplines, in particular, those individuals who are responsible for creating standards and/or implementing them with MoP portfolio management, MSP Programme Management and PRINCE2 management. 

Why should I take the M_o_R® Foundation course?

By achieving this M_o_R® Foundation certification you will have the ability to prove that you have adequate knowledge and understanding to be able to contribute to the identification, assessment and regulation of risks in an organisation. You will be provided with bigger and better opportunities to accelerate your career and reach your potential.

 

M_o_R® Foundation Pre-course Exercises

It is recommended that you complete some exercises prior to attending the course. These include

  • Reading some chapters of the M_o_R® manual called "Management of Risk: Guidance for Practitioners"
  • Completing the pre-course questions

M_o_R® Foundation Exam Information

  • M_o_R® Training & Exams provided through ATO SPOCE Project Management Ltd
  • Exam included
  • Taken on the final afternoon
  • 75 multiple choice questions
  • 5 questions are trials and are not counted towards the final score
  • 1 hour in duration
  • Closed book
  • 50% required to pass

M_o_R® Foundation Training Course Content

Overview of Corporate Governance and Risk

  • Basic concepts and terms
  • History, regulatory and legislative background

Management of Risk Process Lifecycle

  • Examining how risks and issues are initiated
  • How risks can be managed from start to finish
  • Where the M_o_R® framework can be applied

Making It Work and Getting It Right

  • Tips, tricks and traps in corporate governance and management of risk

Frameworks, Tools and Techniques

  • An overview of the different ways that a framework can be implemented as well as providing a good foundation for understanding the tools, process and techniques that are used in risk management

Budgets, Finance - Management of Risk

  • Examining the financial aspects of management of risk
  • How risk should be budgeted
  • How risk fits with financial risk and cost benefit analysis

Communicating and Training; Risk Awareness

  • How a risk communication strategy could be set up, modified or run
  • How to get buy-in and ownership of risk
  • What it means to be a risk owner
  • How to develop staff awareness

Measurement, Control and Reporting

  • The best way to use risk assessment and management tools
  • How to monitor progress
  • Ways to use the tools to encourage innovation
  • Facilitate auditing; risk reporting

Support Function for the Management of Risk within a Programme and/or Project

  • An overview of the extent and level at which corporate governance and management of risk should be applied throughout a programme, project or project office process
  • Management of risk for resourcing, tendering and the procurement process
  • Service level agreements and value chains

Practical Work

  • Specially written scenarios and comprehensive sets of related tasks help provide a practical application of the method

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