Course description
Management of Risk (M_o_R®) Foundation eLearning (incl. Exam)
Management of Risk (M_o_R) is a generic framework for the management of risk across all parts of an organisation - strategic, programme, project and operational. It incorporates all the activities required to identify and control the exposure to any type of risk, positive or negative, which may have an impact on the achievement of your organisation's business objectives.
COURSE OVERVIEW
The AVC accredited M_o_R Foundation online course covers all aspects of the M_o_R guidance using voice-overs, animation and activities. The course takes approximately 12 hours to complete, which is equivalent to a three-day workshop.
The main body of the course consists of ten sessions which cover the principles, approach, processes, embedding & reviewing and perspectives of the Management of Risk guidance. The course also looks at risk health checks, the Management of Risk maturity model and risk management specialisms.
LEARNING 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.
This course is aimed at any organisation or individual seeing the need for guidance on a controlled approach to identifying, analysing and managing risk at strategic, programme, project and operational levels.
WHAT'S INCLUDED
- 12 months online access to our accredited M_o_R Foundation learning
- The cost of the M_o_R Foundation examination (valid for 12 months from purchase date. Exam must be taken online via remote proctor)
- The official M_o_R manual (digital)
- M_o_R Foundation exam simulator
COURSE CONTENT
M_o_R introduction
- The purpose of the M_o_R Guide
- What is risk management and why is it important?
- Corporate governance and internal control
- Where and when should risk management be applied?
- Risk specialisms
- AXELOS best practice guidance
M_o_R walkthrough
- An overview and introduction to the structure of M_o_R
- An introduction to the principles, approach, processes, embedding and reviewing, and perspectives contained in the Management of Risk guidance
M_o_R Principles
- A detailed review of the 8 principles which underpin the M_o_R guidance
M_o_R Approach
- A look at the set of documentation which support the M_o_R approach, including the Risk Management policy, process guide, strategies and so on.
M_o_R Processes
- The 4 main M_o_R processes of Identify, Assess, Plan and Implement, along with the process inputs, outputs, goals, tasks and techniques involved.
Embedding & Reviewing M_o_R
- This session looks at changing organisational culture, measuring the value and how to overcome the common barriers associated with the implementation of Risk Management, along with establishing opportunities for change
M_o_R Perspectives
- The M_o_R guidance describes the context of Risk Management from 4 different organisational perspectives. These are Strategic, Programme, Project and Operational and this session looks at each in some detail.
M_o_R Health Check & Maturity Model
- M_o_R’s Health check tool, its purpose, process and framework
- An introduction to the Management of Risk maturity model, its use, composition and the benefits
M_o_R Specialisms
- A look at some of the risk specialisms, including the management of Business continuity, Incident and crisis, Health and safety, Security and Financial risk
M_o_R Foundation Exam Technique
- How to approach the M_o_R examination
M_o_R Examination Simulator
- Featuring sample questions in the style of the M_o_R examination and timed to assist your preparation
Target audience
The course will be of benefit to all levels of management including:
- Corporate managers – responsible for corporate governance and the organisation’s overall exposure to risk
- Programme managers – responsible for risk relating to specific programmes
- Project managers – responsible for managing risk in projects
- Operational managers – responsible for risks that affect the on-going continuity of business services
- All other personnel who have an interest or responsibility for the Management of Risk within their organisation
EXAM INFORMATION
Take your exam whenever you are ready, whenever you have the time and wherever you are..!!
The exam will be taken online giving you the comfortable choice of writing the exam at home or at the office. What we require is a computer with internet connection for the exam and webcam (ProctorU). The exam is included in this eLearning package.Very flexible!
Exam format
- Multiple-choice exam
- 1 hour duration
- 75 questions (including five trial questions)
- 50% pass mark (35/70)
- Closed book
TESTIMONIALS/ REVIEWS
“Most convenient way to study and take exams. Good course, well developed.
Good service from the support staff of AVC." Tim Hansson
"Excellent course for self-study and exam preparation. Easy to use. Good value for the money. Thanks AVC, good service!" Elvira Fransen
"Good and clear eLearning training course. Practical examples and exercises. Made learning fun! AVC gave me very good support in order to book my exam. Thx!" Martin Ville
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