Management of Risk MoR Foundation including exam

To provide participants with an understanding of the benefits and principles underlying a structured approach to the assessment and management of risks at an organisational, portfolio, programme or project level.

To furthermore:

• Apply the principles of M_o_R within a work environment
• Communicate effectively with colleagues and managers within a structured risk environment

M_o_R is under constant review so that the most practical and intelligent approaches to risk management can be applied to the current realities of operations, planning and strategy.

Portfolio Managers, Programme Managers, Project Managers, Senior Executives, Portfolio, Programme and Project Management Support Office Staff, Operations Managers, Audit and Risk Managers

This course has no prerequisites, however the following would be an advantage:

• Experience of working in organisational, programme, project or operational risk management environment
• Previous training and development in some type of organisational, programme or project management risk management

 

Participants will cover the following syllabus areas:

• IG - Introduction and Glossary
• PI - Principles
• AP - Approach
• PR - Process
• ER - Embedding and Review
• PE - Perspectives
• CT - Common Techniques
• RS - Risk Specialisms
• Identify Risks
• Assess and Evaluate/Estimate Risks
• Plan Risk Mitigation
• Implement Risk Mitigation
• Risk Management Policy, Process Guide and Strategies

• Introduction: Introducing basic concepts and terms, the history, regulatory and legislative background of corporate governance and management of risk, how it works, where and when it is important and how different levels, perspectives, roles and responsibilities can be considered to form a coherent approach.
• The Management of Risk Principles: The universal, self-validating and empowering principles of Management of Risk. These are essential for the development of good risk management practice. The principles are informed by corporate governance principles and ISO31000:2009
• The Management of Risk Perspectives: The way in which Management of Risk is applied will vary according to the organisational perspective. This session explains how this will be achieved for the Strategic, Programme, Project and Operational perspectives.
• Roles and Responsibilities: This session explains the responsibilities for Management of Risk through the perspectives.
• Embed and Review, Health-Check and Maturity Model: Having explained the need for and approach to integration of Management of Risk into the culture of the organization, this session then explains the use of the Health-check to establish the current status of Management of Risk and the Maturity Model to help deliver the Facilitates Continual Improvement principle.
• The Management of Risk Approach: This session explains the documentation required to support successful Management of Risk and discusses how this might be tuned to specific organisational needs.
• The Management of Risk Process and Techniques: This session will cover the Management of Risk process steps of Identify, Assess, Plan and Implement in detail. Recommended techniques to support each step are discussed and demonstrated.
• Management of Risk Specialisms: This session will provide introductions to some risk management specialisms. For example: Business Continuity, Incident and Crisis Management, Health and Safety Management, Security Risk Management, Financial Risk Management, Environmental Risk Management, Reputational Risk Management and Contract Risk Management.