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Management of Risk (M_o_R®) Foundation and Practitioner – eLearning

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Duration: 30+ hours
Self-paced eLearning
Fully Accredited

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Management of Risk (M_o_R®) Foundation and Practitioner – eLearning

Key Features

✔ Exam vouchers included
✔ Course duration: 30+ hours
✔ Access Period: 12 months
✔ Tutor support
✔ Quizzes and exam practice
✔ Works on mobile devices
✔ Provider: GEL
✔ Accredited by: PeopleCert


Course Overview

The Management of Risk (M_o_R®) methodology provides a structured approach to pinpointing, forecasting, preparing for, and managing risks. This program covers various tools, techniques, and insights crucial for integrating robust risk management practices within an organisation, fostering long-term advantages that will enhance and develop your business strategy.

Why take this course?

  • Management of Risk (M_o_R) provides proven effective methodologies and insights usable across an organisation.
  • As the importance of risk management in business operations and corporate governance grows, roles like ‘risk manager’ are increasingly sought after.
  • Poor risk management can lead to project delays, resource waste, damaged relationships, reduced transparency, theft, and severe disruptions in a business.
  • This M_o_R Foundation e-learning course delivers a detailed exploration of the framework, its methodologies, and its value-addition potential.
  • M_o_R aligns well with other recognised frameworks such as PRINCE2®, MSP®, and AgilePgM®, offering valuable practices and insights applicable across various organisational levels and departments.
  • Participants receive six months of access and a complimentary exam voucher (subject to terms and conditions).
  • This M_o_R® Foundation and Practitioner course is accredited by PeopleCert.

 

The Management of Risk (M_o_R®) Foundation and Practitioner course is provided by GEL, an ATO of PeopleCert.

M_o_R® is a registered trademark of PeopleCert. Used under licence from PeopleCert. All rights reserved.

M_o_R Foundation

Welcome to M_o_R Foundation

This introductory module looks at the main features of the course, including its learning plan, aims, objectives, and structure.

Students receive a syllabus, diagram pack, glossary, and further reading and links document with URLs for downloading copies of essential M_o_R publications.

The module also addresses many of the most frequently asked questions surrounding M_o_R.

Module 1: Introduction to M_o_R

This module provides an overview of the M_o_R framework as well as the actions involved in its implementation.

The module goes on to address the benefits of risk management before describing the four M_o_R perspectives and risk specialisms and how they are used.

Module 2: The M_o_R Perspectives

This module describes the four M_o_R Perspectives and the roles and responsibilities related to them. It then examines Enterprise Risk Management (ERM) and the Central Risk Function.

Module 3: The M_o_R Principles

This module examines the eight M_o_R Principles, along with their purposes and outcomes. It also describes the techniques and tools used to identify contexts and engage with stakeholders.

Module 4: The M_o_R Approach

This module describes how to develop an approach to risk management. It also outlines what documents are required to do so.

Module 5: Memory Game

This module features a memory game that reviews the key terms related to M_o_R’s Principles, Perspectives, and Approach.

Module 6: The M_o_R Process Part 1

This module looks at the Assess, Plan, and Implement steps, as well as several tools and techniques associated with them. It also describes options for risk response and contingency planning.

Module 8: Embedding and reviewing M_o_R

his module explores how to embed and review the M_o_R framework using a risk management health check and maturity model. It then explains how to measure value and overcome barriers in risk management.

Module 9: Memory Game

This module features a memory game on the M_o_R process, as well as how to embed and review M_o_R.

Module 10: M_o_R Foundation Wrap Up

This module provides a summary of all the key points covered in the course.

Practice Exam Simulators

This module features a short video game explaining how to approach the M_o_R Foundation certification exam. It also provides two practice exam papers from AXELOS.

M_o_R Practitioner

Welcome to M_o_R Practitioner

This module provides an overview of the course, including its learning plan, objectives, structure, and main features. Students receive a diagram pack, glossary, further reading materials, and links to download essential framework publications. Additionally, this module addresses common questions about the M_o_R Practitioner course.

Module 1: Foundation Recap 1

Revisit the Perspectives, Approach, and Principles of M_o_R. This module helps students understand how to measure the value of M_o_R and covers supporting documents such as the Issue Register.

Module 2: Foundation Recap 2

This module revisits the M_o_R Process, detailing how to embed and review M_o_R within an organisation. It also expands on the tools and techniques of the framework, explaining their use at different steps within the Process.

Module 3: M_o_R Practitioner Scenario Introduction

Establish a scenario-based practice in this module, providing guidance on the question types found in the M_o_R Practitioner certification exam. It also outlines how to navigate the rest of the course and the use of the scenario later on.

Module 4: The Strategic Perspective

Engage in a scenario-based test situation applying M_o_R from different perspectives. This module concludes with a 20-mark exam, asking students to consider the scenario from a strategic viewpoint.

Module 5: The Programme Perspective

Shift focus to the Program Perspective, exploring the realistic application of M_o_R from this viewpoint. This module also concludes with a 20-mark exam.

Module 6: The Project Perspective

Switch to the Project Perspective, examining the practical application of M_o_R from this angle. The module ends with a 20-mark exam.

Module 7: The Operational Perspective

Address the final perspective of M_o_R, the Operational Perspective. This module covers the realistic application of M_o_R from this viewpoint before concluding with a 20-mark exam.

Module 8: M_o_R Practitioner Wrap-up

Summarise all the key points covered throughout the course. Students are advised to revisit previous modules to ensure thorough familiarity with the course material before attempting the official exam.

Practice Exam Simulators

This module includes a short video on how to approach the M_o_R Practitioner exam effectively. It also revisits several useful techniques covered in the course and features two full practice exams, one from PeopleCert and another from GEL.



What will you learn?

  • Strategies for making knowledgeable decisions about risk management across an enterprise
  • Methods for pinpointing, evaluating, and mitigating risks within any sector of a company
  • How implementing risk management can position businesses for success, enhance service provision, achieve critical goals, and ensure optimal value
  • Approaches to implement risk management from diverse viewpoints
  • All the essentials required to pass the Management of Risk (M_o_R) Foundation examination successfully

Target Audience

  • Organisations looking for a streamlined and efficient method to detect, evaluate, and mitigate risks across strategic, program, project, and operational dimensions
  • Business change leaders, project leaders, risk professionals, program leaders, and others engaged in risk and opportunity management
  • Individuals interested in profitable career opportunities within risk management and related fields M_o_R team participants and support personnel who need a basic understanding of the risk management framework
  • Individuals aiming to successfully pass the M_o_R Foundation and Practitioner exam


Exam Information

This training is structured to comprehensively prepare participants to undertake and pass the Management of Risk (M_o_R) Foundation and Practitioner certification examination. There are no entry requirements to sit the Foundation exam. Candidates for the Practitioner exam must have passed the Foundation level.

Included in this course are several practice exams to assist students in getting ready for the actual exam, along with complimentary exam vouchers. (Terms and conditions apply)

Before you schedule your exam, it’s advisable to check if your device meets the necessary technical standards. For additional details and support, please consult the PeopleCert website.

While voucher requests are generally processed within two business days, it’s wise to allow for up to five days. Vouchers need to be requested within the access period of the course, starting from the purchase date.

Management of Risk (M_o_R®) Foundation exam

  • This is a multiple choice exam consisting of 75 questions (5 questions are ‘trial questions’ which do not contribute to the overall score)
  • There is a time limit of 60 minutes to complete the exam
  • The exam is closed book, with only the provided materials being permitted for use
  • The pass mark for the exam is 50%: you must get 35 out of 70 questions correct

Management of Risk (M_o_R®) Practitioner exam

  • The exam features objective testing
  • There are four questions per paper, with 20 marks available per question
  • Students must score at least 40 marks to pass (50%)
  • The exam lasts three hours (180 minutes)
  • The exam is open-book. Candidates may use the official printed hard copy of the ‘Management of Risk: Guidance for Practitioners’ guide. The ‘ABC Guide Part A Example Techniques’ guidance document is also allowed. The manual may be annotated and tabulated, but no sticky notes and loose-leaf papers containing additional notes will be allowed

Digital Credentials: 

After passing both exams, you’ll earn the Management of Risk (M_o_R®) Foundation Badge and the Management of Risk (M_o_R®) Practitioner Badge. You can proudly display these on your LinkedIn profile to showcase your achievement and expertise.
What is Management of Risk (M_o_R)?

Management of Risk (M_o_R) is a robust risk management framework developed by PeopleCert. It offers a systematic approach to identifying, assessing, and managing risks across an organisation. M_o_R integrates into various corporate activities, from strategic planning to day-to-day operations, ensuring that all levels of the organisation are effectively managing risks.

How does M_o_R work?

M_o_R is structured around four core elements:

  • Principles: Essential truths upon which the success of M_o_R is founded.
  • Approach: The adaptations necessary for tailoring the principles to the organisational context.
  • Processes: A series of steps that detail the approach to identifying, assessing, and controlling risks.
  • Embedding and Reviewing: Ensuring these practices are integrated into the organisation’s processes and that their effectiveness is continually reviewed.
What are the benefits of M_o_R?

M_o_R helps organisations gain greater confidence in their strategic decisions by:

  • Improving Transparency: Identifying and describing risks clearly.
  • Increasing Accountability: Assigning ownership for specific risks.
  • Enhancing Responsiveness: Enabling quicker adaptation to risks and opportunities.
  • Driving Better Decisions: Supporting More informed decision-making at all levels.
What is the applicability of M_o_R?

M_o_R is versatile and can be beneficial in various roles and industries, making it ideal for:

  • Project Managers: Managing project-specific risks.
  • Program Managers: Overseeing risks across multiple projects.
  • Operational Managers: Integrating risk management into business processes.
  • Senior Executives: Aligning risk management with business strategy.
What is the value of M_o_R training?
  • Career Advancement: Provides the skills necessary to manage risk effectively, which is crucial for senior management roles.
  • Higher Earning Potential: Risk management professionals can command significant salaries, reflecting the value they bring to an organisation.
  • Professional Recognition: M_o_R certification is globally recognised and respected, showcasing an individual’s commitment to managing risk.
What is the reason for the popularity of M_o_R?
  • Increased Demand for Risk Management: As businesses face More complex challenges and transformations, effective risk management becomes critical.
  • Integration with Other Practices: M_o_R complements and enhances other management disciplines, such as ITIL® and PRINCE2®, making it a valuable addition to any professional’s skill set.
What are the M_o_R examinations like?
  • Foundation Exam: Closed-book with 75 questions, including five trial questions, and a pass mark of 50%.
  • Practitioner Level: Requires passing the Foundation exam and focuses on applying M_o_R within an organisational context.
Which complementary frameworks can be used with M_o_R?

M_o_R aligns well with several management practices, enhancing its utility across various business activities. It is often integrated with frameworks like PRINCE2® for project management, ITIL® for IT service management, and AgileSHIFT® for organisational transformation, providing a comprehensive approach to risk management across all these disciplines.

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