M_o_R ® Combined Package
(course code MORC4)
M_o_R (Management of Risk) provides a generic framework for the management of risk across all parts of an organisation, whether it is at the strategic, programme, project or operational level. The M_o_R guidance brings together recommended approaches, checklists and pointers to more detailed sources of advice on tools and techniques. M_o_R is aligned with ISO31000, and provides detailed guidance on how to embed risk management in an organisation.
This course provides you with the knowledge to apply the principles, practices and techniques of risk management to portfolios, programmes, projects and to business-as-usual operations.
The M_o_R Combined course blends our Foundation course and Practitioner seminar. Each participant is first provided with a solid Foundation in M_o_R concepts, and is then advanced to a Practitioner understanding of how to apply Management of Risk guidance in practice.
The Foundation Course will enable delegates to:
- Know the facts, terms, concepts and relationships between the four elements of the M_o_R framework (principles, approach, processes and embedding and reviewing);
- Understand how the M_o_R principles, approach, and processes are used;
- Be able to identify the M_o_R framework documents and understand their uses and differences.
The Practitioner Seminar will enable delegates to demonstrate their ability to:
- Understand the relationships between the four elements of the M_o_R framework;
- Be able to apply the principles, approach, processes and techniques;
- Be able to review and make recommendations to embed the M_o_R framework;
- Be able to create and assess any of the M_o_R framework documents.
Who Should Attend
This course is aimed at anyone working within a corporate governance environment who has responsibilities for identifying, assessing, planning, or managing risks, or reporting on risk management activities across the organization.
here are no prerequisites for the course, however some exposure to risk management would be useful. Candidates for the Practitioner exam must have previously passed the Foundation exam.
The following topics will be covered in the Foundation Course:
- Organisational context of risk management; governance and control;
- Principles of risk management;
- Approach: Policies, strategies and processes; planning; monitoring;
- Perspectives: strategic; programme; project; operational;
- Risk Management Processes: Identifying and analysing risks; planning for implementation of countermeasures; communication;
- Embedding and Reviewing Risk Management: awareness; behaviours; commitment;
- Preparation for the Foundation Examination.
The Practitioner Seminar is scenario based, and focuses on the application of M_o_R under different perspectives and scenarios. Review and revision sessions of all M_o_R elements are included throughout the training.
Delegates will work through a range of exercises and case studies in order to broaden & deepen their understanding of Risk Management and to prepare for the exam.
The Foundation Exam is a 60 minute closed book multiple choice exam. A candidate must get at least 35 of the 70 questions correct to pass..
The Practitioner Exam is a 3 hour objective testing open book (M_o_R Manual only) exam. The candidate must provide responses to questions presented in the following styles:
- Classical multiple choice
- Multiple response
There are 80 question lines worth 1 mark each, so the maximum score for the exam is 80 marks. The candidate must score 40 (50%) or more marks to pass the exam. Candidates for the Practitioner Exam must have passed the Foundation Exam.
We conduct these exams on behalf of the relevant Examination Institute, subject to their terms and conditions.
Please note: Exam candidates must bring signed photo ID (passport, driving licence, etc.) as they will be asked to produce it by the invigilator prior to the exam.
Delivery Options and Fees
We offer a range of delivery styles and packages for this course. Please go to the Packages and Inclusions page to review the inclusions provided with each package.
Candidates who pass the Practitioner exam are entitled to style themselves as a "Registered M_o_R Practitioner" on CVs and business cards.
Successful completion of this course may entitle you to credits in various professional development programmes:
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