Course description
Management of Risk (M_o_R®) Practitioner: In-House Training
The M_o_R® Practitioner course has been designed to provide learners with the opportunity to practice the practical application of the M_o_R method and covers the twelve M_o_R principles: Approach, Process and the basic techniques essential to managing risks using the M_o_R guidance. The purpose of the M_o_R Practitioner qualification is to confirm that the learner has achieved sufficient understanding of how to apply and tailor M_o_R in a scenario situation.
Upcoming start dates
Suitability - Who should attend?
Who Should Attend
The M_o_R Practitioner course will be of benefit to all levels of management including:
- Corporate Managers - responsible for corporate governance and the organization’s overall exposure to risk
- Program Managers - responsible for risk relating to specific programs
- Project Managers - responsible for managing risk in projects
- Operational Managers - responsible for risks that affect the ongoing continuity of business services
- All other personnel who have an interest or responsibility for the Management of Risk within their organization
Prerequisites
Successful completion of the M_o_R Foundation Exam
Outcome / Qualification etc.
What you will Learn
At the end of the M_o_R Practitioner course, learners will gain competencies in:
- M_o_R framework (principles, approach based on risk documentation, process steps, and embedding and reviewing
- M_o_R principles
- Outline of M_o_R approach documents (including policy, process guide, and risk communications plan)
- Risk identification, assessment, and control
- Embedding and reviewing M_o_R
- M_o_R organizational perspectives (strategic, program, project, operational)
Benefits
The M_o_R Practitioner course offers a wide-ranging set of guidelines that will help in the management of risk in a project or program environment. It will help prepare learners for the M_o_R Practitioner Exam. They 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, including:
- Improved basis for effective strategy formation
- Reduced time spent fire-fighting and fewer unwelcome surprises
- Increased likelihood of successful change initiative outcomes
- Closer internal focus on doing the right things properly
- Increase in efficient use of resources waste and fraud
- Better management of contingency resources
- M_o_R roles and responsibilities
- M_o_R health check
- M_o_R maturity model
- Risk specialisms (including business continuity management)
Training Course Content
Introduction
- Introduction to the 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
- Programme 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
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