This course is currently not scheduled on the open calendar, but can be organized on request.Request Course
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 • 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 on-going continuity of business services. • All other personnel who have an interest or responsibility for the Management of Risk within their organization.
Successful completion of the M_o_R Foundation Exam.
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) • M_o_R roles and responsibilities • M_o_R health check • M_o_R maturity model • Risk specialisms (including business continuity management)
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.
M_o_R (Management of Risk) considers risk from different perspectives within an organization: Strategic, Program, Project and Operational. While it links to other Cabinet Office Best Practices, it respects the roles, responsibilities and terminologies used outside the disciplines of program and project management.
“A risk consists of a combination of the probability of a perceived threat or opportunity occurring and the magnitude of its impact on objectives.” With this definition, “threat” is used to describe an uncertain event that could have a negative impact on objectives or benefits; and “opportunity” is used to describe an uncertain event that could have a favourable impact on objectives or benefits.
- Introduction to the course
- What is a risk?
- What is a risk management?
- Why is risk management so important?
- Basic risk definitions
- The development of knowledge about risk management
- Corporate governance & 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
- 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