RISK MANAGEMENT

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ABOUT RISK MANAGEMENT

Risk management is an important skill that can be applied to a wide variety of projects. In an era of downsizing, consolidation, shrinking budgets, increasing technological sophistication, and shorter development times, risk management can provide valuable insights to help key project personnel plan for risks, alert them of potential risk issues, analyze these issues, and develop, implement, and monitor plans to address the issues long before the issues surface as problems and adversely affect project cost, performance, and schedule.

If you are looking to sharpen your employees’ project management skills and showcase their specialized expertise in risk management, this course is meant for you. We assure you that you will find this course useful.

The RMstudy course is aligned with the concepts of Risk Management as defined by Project Management Institute (PMI®) and is a great way to prepare for PMI Risk Management Professional (PMI-RMP®) exam. Upon successful completion of the course, you get 20 PMI Approved PDUs (PMI Approved Code: 2053-RMSTUD).

MOR FOUNDATION & PRACTITIONER

M_o_R stands for “Management of Risk” and considers risk from different perspectives within an organization: strategic, programme, project and operational. The M_o_R Management of Risk Foundation course provides delegates with an introductive overview of the processes, principles and techniques used in the M_o_R® approach. All subjects are covered in sufficient detail to allow delegates to practice the application of the guidance not only during the course, but also into their own organization.

​WHY TAKE THIS M_O_R MANAGEMENT OF RISK FOUNDATION TRAINING?

The Foundation level measures whether a student would be able to act as an informed member of a team or an organization using the M_o_R® method in a broad range of initiatives and disciplines, such as IT and Business continuity management, project / programme risk management, operational service management, Security and Availability Management.

WHAT YOU WILL LEARN

  • Gain the confidence and ability to influence and shape risk management across an organization.
  • Encourage openness and discuss real business issues in a realistic manner to meet business objectives, improve service delivery and achieve value for money.
  • Put an effective framework in place to make informed decisions about the risks that affect strategic, programme, project and operational objectives.
  • Understand the nature and extent of risks facing a company and reduce the incidence and impact on the business.
  • Continuously apply risk management to an organization and simplify the process of making information available when decisions need to be made.

COURSE APPROACH

The course comprises a mixture of input sessions, group exercises and examination based practical work. All delegates are encouraged to actively participate during the practical sessions to gain the full benefit during the training. During the course, delegates will undertake a number of mock examinations and gain feedback on the progress towards eventual success. To prepare effectively for the M_o_R® Foundation exam, delegates should be prepared to undertake revision and exam preparation work in the evening.

WHO SHOULD ATTEND?

M_o_R Management of Risk Foundation is suitable for any organization or individual seeing the need for guidance on a controlled approach to identification, assessment and control risk at strategic, programme, project and operational perspectives.

MOR FOUNDATION CERTIFICATION

The successful completion of the M_o_R Management of Risk Foundation exam will give the delegate a recognised Foundation qualification.  ​The purpose of the foundation certification is to confirm that a candidate is able to demonstrate a knowledge and comprehension of the four elements of the M_o_R framework – Principles, Approach, Processes, Embedding and reviewing – and how they support corporate governance. The Foundation level is also a pre-requisite for the Practitioner qualification.

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