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 Nottingham

Nottingham is a town under the unitary administration of Nottinghamshire. It is 128 miles far from London. It is the seventh biggest urban area of the Great Britain. It is located in The East Midland territory of the UK. It is nearby low hills surfaces along river Trent lower valley. It is the seventh biggest urban area of the Great Britain. It has prominent industries such as Bicycle, Rayleigh and tobacco. During the Industrial transformation, due to lace making business and textile industries, this city flourished both the way i.e volume and wealth.

It gained extensive acceptance from major contributors such as Boots the chemist, Raleigh bikes and Players Cigarettes. The city also rated insufficiency level world city and Alpha city by the think-tank group of Globalization and World Cities Research Network. The city has biggest publicly possessed bus network in the UK and it has an outstanding public transport system. It is one of the six nominated cities of science catering 15000 businesses of IT sector including environmental technologies, biomedical sciences and advanced engineering.

History

The city exits date earlier than Anglo-Saxon era. The city is known as Place of Caves. A large number of caves found in the outskirts of the town. “Snotingaham” name came into existence during the rule of Saxon. The river Leen has a castle on the outcrop of sandstone. The Anglo Saxon was confined Up to Lace Market of today. The fortification of the town happened to save from attacks. The proper ditches were also constructed so that it leads to saving from Norman Conquest. Supporters of Prince John occupied the castle during the return of Richard the Lionheart. Later on, it was surrounded by Richard. A sharp conflict happened and again captured by Richard. During the 15th century, Nottingham got famous in exporting the religious sculptures. A famous German traveller visited the town in mid-17 century. He said Nottingham is the most beautiful and modern town in the outskirts of London. Industrial revolution booms the textile industry. During the Second World War, the industry saw sharp fall.

Governance

Nottingham city council is looking after administrative work of the city. Each councillor looks after its ward.The duration of the councillors is 4 years. The city also has lord mayor but he has no executive and formal power. There are total 3 parliament seats in the region.

Education

Education is administered by the unitary of the city, managed by Nottingham City Council. Their main aim is to give high-quality knowledge, research and professional education. There are two main universities and their various campuses in the city, providing education to more than 60 thousand students annually. The city also has several sixth form academies and colleges which provide training and education to the adults.

Attractions and architecture

The city became famous for its historic buildings, memorials, landmarks, monuments and statues. Most famous and worthwhile attraction to visit is Nottingham Castle, includes an art gallery and museum. Other famous landmarks are ancient sandstone caves, Wollaton Hall, Old Market Square, Lace Market, Highfields Park, Green’s Mill and Science Centre, The Great Central Railway and Galleries of Justice Museum. The city also entertains many great festivals and ceremonies. Among that the most popular is Nottingham Goose Fair.  Apart from these, the city has most energetic first-class shopping centers, restaurants, bars, theatres, museums and art galleries.  

Sports

Nott County is the professional football club. Nottingham is going to bid as host of 2018 FIFA world cup for the country. The city would receive if successful in the bid. The Trent Bridge acts as a playground for the County cricket club. Other major games are Rugby, marathon, Ice hockey and boxing.

Risk Management

All businesses, la...