MoR® Foundation & Practitioner

Build excellence in risk management

ABOUT THE PROGRAM

MoR® Foundation and Practitioner courses are designed to provide essential knowledge about the framework, procedures and methodologies of Management of Risk (MoR®) and risk management. The five-day course explains how to implement Processes, Approaches, Principles and Embedding and Reviewing MoR®. Throughout the course, the delegates will understand the benefits of implementing the MoR® methodology and describe its importance from Project, Program, Operational and Strategic perspectives within the organization.

  • Efficient use of available resources and reduce performance variability

  • In-depth knowledge of all types of risks

  • Enhance career opportunities and become an asset for an organization

  • Aims at regulatory compliance and manage the strategic plans

  • Courses led by certified and well-experienced Instructors

  • MSP Training offers flexible mode of training at an affordable price

WHAT'S INCLUDED ?

Find out what's included in the training programme.

Includes

Pre Course Material

It provides some basic knowledge about the course before training.

Includes

Exam(s) included

Exams are provided, as part of the course. Obtaining certification is dependant on passing these exams

Includes

Certificate

Delegates will get certification of completion at the end of the course.

Includes

Tutor Support

A dedicated tutor will be at your disposal throughout the training to guide you through any issues.

PREREQUISITES

No particular prerequisites are required for the course. However, the delegates should have working experience in Project, Program or any operational environment before attending the MoR® Foundation and Practitioner course. During the course, the delegates must pass the Foundation exam before sitting for Practitioner exam which is conducted at the completion of the course.

TARGET AUDIENCE

The course is designed for a below set of delegates:

  • Program Managers
  • Project Managers
  • Risk Managers
  • Operational staff and managers
  • Auditors
  • Business Change Managers

WHAT WILL YOU LEARN?

  • Able to manage the risk and optimize performance by applying set procedures and approaches
  • Classify the principles for the development of good risk management practices
  • Evaluate opportunities and methods to improve Risk management
  • Define the terminology used within MoR®
  • Establish current practices applying MoR® health check and maturity model
  • Describe the importance of Risk Specialisms
  • Able to identify and assess risks, then plan and implement risk responses
  • Understand the relationship between the four elements of the MoR Process
  • Able to review and make recommendations to embed the framework of MoR®

Enquire Program

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PROGRAM OVERVIEW

Every decision made within an organization involves certain elements of risks and brings both positive and negative impacts. The MoR® Foundation and Practitioner course is designed to provide a broad knowledge of MoR® framework, approaches and benefits and enables the delegates to implement programs, strategy, projects and operations at the workplace for the growth of an organization.

The training program involves real hands-on exercises of MoR® that increases the self-confidence of the delegates to handle independent projects and mitigating the risks associated with it. The course provides an effective structure for systematically identifying, evaluating and managing the risks across all levels of an organization.

Important Information about MoR® Foundation and Practitioner Exam

The delegates must pass two examinations for the completion of the course. Details of exams are as following:

MoR® Foundation Exam

  • Open Book Exam
  • Based on objective testing
  • Pass marks: 50%
  • Two questions of 20 marks each
  • Duration: 90 minutes

MoR® Practitioner Exam

  • Open Book Exam
  • Based on objective testing
  • Pass marks: 50%
  • Four questions of 20 marks each
  • Duration: 3 hours

                                  


PROGRAM CONTENT

An Introduction to MoR®

The module introduces the delegates to the world of risk management and explain the concepts of risk and outline the importance of risk management. It also describes MoR® framework and methodologies and focuses on the role of risk management in corporate governance.

  • Describe MoR® concepts and definitions
  • Understand MoR® framework
  • What is Risk?
  • Benefits of Risk Management
  • Role of Risk management in Corporate Governance and Internal Control

MoR® Principles

The module explains the development and maintenance of efficient risk management which enables the delegates to develop their approach to handle risk and meet the organization’s requirements.

  • Align with objectives
  • Fit in the context
  • Enhanced decision-making
  • Engagement of stakeholders
  • Encourage continual improvement
  • Provides clear guidance
  • Attains measurable value
  • Develop a supportive environment

MoR® Approach

In this module, Understand how to implement the organization’s principles effectively and also support documentation.

  • Describe Risk Management Policy
  • Implement Risk Management Policy
  • Process Guide
  • Explain Strategies
  • Risk Register
  • Issue Register
  • Risk Improvement Plan
  • Risk Reports
  • Risk Response Plan
  • Discuss Risk Communication Plan
  • MoR® Process

Understand MoR® Process

  • Identification of risk
  • Assessment of risk
  • Planning of strategies
  • Implementing Process

MoR® Perspectives

The module explains how processes and principles are implemented and vary according to a different perspective.

  • Project
  • Program
  • Strategic
  • Operational

Embedding and Reviewing MoR®

The module explains the reasons responsible for implementation of risk management in the organization and their regular monitoring and improvements.

  • Transforming culture for risk management
  • Embedding the principles
  • Identifying and establishing opportunities for change
  • Eliminating typical process barriers
  • Describe Risk management maturity model
  • Implementing the risk management maturity model
  • Carrying out Health check
  • Measuring the value of risk management

MoR® Foundation

Introduction

  • Risk Details
  • Risk Management be applied
  • Purpose of the MoR® Escort
  • Global Best Practice Guidance
  • Identify when and where should Risk
  • Role of Risk in Core Control and Corporate Governance

MoR® Practitioner

Introduction

  • MoR® Principles
  • MoR® Approach
  • MoR® Methodology, Procedures and associated techniques
  • Implant and Review
  • Understand Risk perspectives
  • Risk Management Specialisms
  • Health check and Maturity models
  • MoR® framework, tools and techniques
  • Risk process lifecycle
  • Set an organisational structure for the management of risk
  • Business steadiness management
  • Security, program or project risk management
  • Overview of risk management in Corporate Governance

MoR® Foundation & Practitioner Enquiry

 

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Reach us at 0121 368 7851 or info@msptraining.com for more information.

ABOUT Norwich

Norwich is a city situated on the bank of river Wensum. Norwich comes under the administration of East Anglia of England. It is also regional managerial Centre for both the region i.e East Anglia and county town. Until the 11th century, it was recognized as the largest city in England. In 2011 census the population of this town was 2 lakh 15 thousand. Cities such as Taverham, Hellesdon, old Catton, Thorpe St Andrew, Sprowston, and Costessey comes under the jurisdiction of it.  Norwich has a highly dense population with respect to the area covered. Norwich City F.C is the most followed football club of the city. Clive Lewis and Chloe Smith are present MP’s of this city. Norwich conferred with England's first UNESCO city in the field of Literature in 2012.

History

The history began with the rule of Romans. Romans got dismantled around 450 CE. The city got its name from Northwich, it was founded between 5th and 7th century. It was followed by deadly war between English and Romans. During Middle Ages around 1134, the presence of Jews was noted there. The early period between 1485 and 1640 was considered the time where the wool industry got the expansion. During 17thcentury population increased very rapidly. During this time others industries such as printing, engineering, finance, tourism, and electronics. Further, it followed with several civil wars and the Victorian era.

Education

Norwich runs many primary, secondary, professional and free schools including various academies for its students on large scale. The Norwich University and the University of East Anglia are prominent ones. The population of students is 17000 approximately. These institutions provide hundreds of designers to local industries.

Culture

Since old age, Norwich has been associated with arts and culture, publishing and literature. Pulls Ferry, Shopping places, Norwich castle museum, architectural site Norwich 12, the great hospital, dragon hall are some famous places of this city.

Sports and Safe city

Speedway racing was popular in the region prior and after the Second World War. The famous lightweight champion of the world Jon Thaxton belonged to this city. Norwich is as old as London i.e capital city of England for several centuries prior to Industrialisation.  It is also famous for its greenery. Soon it will be converting into the transition town. Norwich considered as the safest city to live, study, visit and much more. Norwich has immense and healthy youth population. There is a very commendable initiative that has been started by the people i.e. “meet the people”. It is an event that covers discussion on the topics such as social and political among all walks of life. Student’s contribution in making good environment is commendable. The right combination of youth, friendly environment and safety makes it a perfect place to study.

Climate

It has maritime climate as it is near to the river Wensum. It did not have any extreme temperature conditions in the past as well as in the present scenarios. There has not been any single case of the shortage of rainfall and undistributed rainfall in the region. The official met office of the region is Coltishall. All the records present here have been used to study the climatic pattern of the region. The Met office provides the updated information to the locals to aware them of any natural hazard.

Transport

It is well connected with road, railway, and Air. It is a junction point for the east and west, i.e. Great Yarmouth (East) and Kings Lynn and Peterborough (West). The local government has recommended an upgrading of the roads. It is also linked to the Cambridge via A11. The rail network is well connected to London Liverpool Street, Peterborough, Nottingham, Sheffield and a few more. The prominent bus services are being run by Anglian Bus, First Norfolk, Suffolk, connecting bus service a few more. There is a famous national cycle route for bicycle commuters. There is a river Yare that provides the water transport to the region.

Risk Management

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