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Management of Risk (M_o_R) Foundation

Management of Risk (M_o_R) Foundation

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • Delivered In-Person

  • Delivered at organisers' location

  • London

  • Full day

  • All levels

Description

Management of Risk (M_o_R®) Foundation

This M_o_R® Foundation course prepares learners to demonstrate knowledge and comprehension of the four elements of the M_o_R framework: Principles, Approach, Processes, Embedding and Reviewing and how these elements support corporate governance. The M_o_R Foundation Course is also a prerequisite for the M_o_R Practitioner qualification.

What you will Learn

At the end of the M_o_R Foundation course, participants will gain competencies in and be able to:

  • Describe the key characteristics of risk and the benefits of risk management

  • List the eight M_o_R Principles

  • List and describe the use of the key M_o_R Approach documents

  • Create Probability and Impact scales

  • Define and distinguish between risks and issues

  • Create a Risk Register

  • Create a Stakeholder map

  • Identify the key roles in risk management

  • Use the key techniques and describe specialisms in risk management

  • Undertake the M_o_R Foundation examination

Introduction
  • Introduction to the M_o_R course

  • What is a risk?

  • What is risk management?

  • Why is risk management so important?

  • Basic risk definitions

  • The development of knowledge about risk management

  • Corporate governance and internal control

  • Where and when should risk management be applied?

M_o_R Principles
  • The purpose of M_o_R principles

  • Aligns with objectives

  • Fits the context

  • Engages stakeholders

  • Provides clear guidance

  • Informs decision-making

  • Facilitates continual improvement

  • Creates a supportive culture

  • Achieves measurable value

  • Risk management maturity models

M_o_R Approach
  • Relationship between the documents

  • Risk management policy

  • Risk management process guide

  • Risk management strategy

  • Risk register

  • Issue register

  • Risk response plan

  • Risk improvement plan

  • Risk communications plan

M_o_R Process
  • Common process barriers

  • Identify contexts

  • Identify the risks

  • Assess estimate

  • Assess evaluate

  • Plan

  • Implement

  • Communication throughout the process

M_o_R Perspectives
  • Strategic perspective

  • Program perspective

  • Project perspective

  • Operational perspective

Risk Specialisms
  • Business continuity management

  • Incident and crisis management

  • Health and Safety management

  • Financial risk management

  • Environmental risk management

  • Reputational risk management

  • Contract risk management

About The Provider

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