MoR® Foundation

Increase efficiency by effective Risk Management

ABOUT THE PROGRAM

The MoR® Foundation course provides the knowledge of the Management of Risk (MoR®) methodologies and framework. The five-day course enables the delegates to achieve systematic risk assessment and management within their organisation. The delegates will learn how to implement MoR® in the organisation from Project, Program and Operational perspectives.  During the course, the delegates will understand the core concepts and workflows of MoR® and implement and review the principles for monitoring and control the risks. The course also covers the understanding of Risk Maturity Model, Risk Health Checks and role of Risk Management Specialists.

  • Gain MoR® certifications and enhance your career opportunities

  • Supports corporate in creating an effective framework for risk management

  • Design a systematic approach to risk management and improve performance

  • Courses delivered by certified and well-experienced Instructors

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

WHAT'S INCLUDED ?

Find out what's included in the training programme.

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.

Includes

Exam Prepration Tips

It helps in preparation for the exam so that they can score well.

PREREQUISITES

No preconditions are required to attend the course. However, some working experience in the Project or Operational environment would be beneficial.

TARGET AUDIENCE

The course is targeted at those delegates who are responsible for managing risk in their organisations. These include:

  • Risk Managers
  • Project Managers
  • Support Managers
  • Program Managers
  • Business change Managers
  • Operational Staff and Managers

WHAT WILL YOU LEARN?

  • Able to analyse the changes required to improve the risk management
  • Demonstrating modern practices applying health check and security model
  • Spread more risk awareness by handling potential problems and opportunities and strengthen competitive advantage
  • Developing a comprehensive approach to risk management to improve presentation
  • Implement risk management policies to an organisation and simplifying the process of making information available when decisions need to be made whether big or small
  • Able to gain confidence and ability to shape and influence risk management within an organisation
  • Describe the techniques to identify and assess the risks and then plan and implement the risk control replies and responses
  • Understand the different terminologies used in MoR®
  • Classify the principles of the development of good risk management practices
  • Identify the nature and extent of risks facing an organisation and minimise the incidence and impact on the business
  • Classify four different MoR® perspectives affecting the organisation such as strategic, programme, project and operational
  • Enhance the possibility of attaining change initiatives by managing contingent and maintenance activities effectively
  • Encourage transparency and discuss business issues among the employees to make better decisions ensuring improved service delivery and attain good value for money
  • Optimum utilisation of available resources and improve performance through waste reduction
  • Encourage transparency and discuss business issues among the employees to make better decisions ensuring improved service delivery and attain good value for money

Enquire Program

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PROGRAM OVERVIEW

Organizations, large or small make any decision relating to their business involve certain elements of risk. Effective risk management plays a significant role in fulfilling the objectives of the organisation and achieving success at all levels. The MoR® Foundation course introduces MoR® strategies and processes required in the implementation of the structured risk management policies within the organisation. The course enables the delegates to implement a systematic and comprehensive approach to manage risks. After the completion of the course, the delegates can use their knowledge and skillset required to shape and influence risk management to analyse and control uncertainties and mitigate the losses.

Important Exam Details

The delegate must pass the MoR® Foundation exam for completion of MoR® Foundation course. The exam consists:

  • Type: Open Book Test
  • Duration: 90 minutes
  • Pass marks: 50%
  • Objective Based Testing
  • Two questions of 20 marks each

                                             


PROGRAM CONTENT

An Introduction to Risk Management

  • Describe framework of Risk management
  • Advantages of Risk Management
  • Project and Programme Management
  • Explain MoR® Principles
  • Describe MoR® Perspectives
    • Strategic Risk
    • Project Risk
    • Operational Risk
    • Programme Risk
  • Understand MoR® Approach
  • Classify MoR® Techniques
  • Understand Roles and Responsibilities
  • Corporate Governance and Internal Control

MoR® Specialisms

  • Management of Business Continuity
  • Health and Safety Risk
  • Security and Financial Risk
  • Incident and crisis

MoR® Process

  • Identification of the Risk
  • Assessment and Planning strategies
  • Implementing and Communicating
  • Embedding and Reviewing

MoR® Principles

  • Line up with goals
  • Fits in the context
  • Provide clear guidance
  • Involve sponsors and stakeholders
  • Creates a supportive culture
  • Establish decision-making process
  • Promote continual improvement
  • Attain a measurable value

MoR® Approach

  • Process Guide
  • Design Risk Improvement Plan
  • Risk Communication Plan
  • Maintain Risk Register
  • Risk Response Plan
  • Risk Reports
  • Issue Register

Implement Risk Management Policy

  • Develop Strategies
  • Implanting and Reviewing MoR®
  • Implementing the principles
  • Overcoming typical process hurdles
  • Performing Health Check
  • Risk Management and Security Model
  • Improving culture for risk management
  • Measuring the value of risk management
  • Identifying and establishing opportunities for change

MoR® Foundation Enquiry

 

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

ABOUT Stoke-on-Trent

Stoke on Trent is located in Staffordshire in the UK. It is also abbreviated as Stoke, and it is a unitary authority area. Area of Stoke on Trent is around 36 square miles. In 2011, this area had a population of 469,000. Stoke on Trent is known as polycentric which means it is formed by six towns federation in the year 1910.

Stoke on Trent got its name from Stoke-Upon-Trent where the majority of the railway station and government center is located. Other four towns are Longton, Fenton, Tunstail and Burstem. Major pottery industry of England is located in the Stoke on Trent. It is commonly known as the potteries. Earlier it was a center of the industrial conurbation, and now it is a center for distribution and service industries.

Education

Stoke on Trent has four major educational institutions located in the local area. This city has two higher education colleges namely Stoke-on-Trent college and City of Stoke-on-Trent Sixth Form college. Earlier the Sixth Form College was established in Fenton and now on the Leek Road. Sixth Form College provides best A-level teaching to near about 1800 students. This college is more abundant in the area and it offers adult education as well as apprenticeships. The main campus is located in Shelton and secondary in Burslem. Staffordshire University is situated in Stoke-On-Trent. The main campus in Shelton that is near the railway station of Stoke-on-Trent. It got its university status in 1992. Royal Stoke University Hospital is home to branches of Keele University School of Medicine. With the involvement of Stoke On Trent city council, in the year 1949 Keele University was founded as University College of North Staffordshire.

Stoke-On-Trent has around 15 secondary schools namely Haywood academy, Birches Head Academy, St Peter's Academy, St Thomas More Catholic Academy, St Joseph's College, Excel Academy, Discovery Academy etc.

In the year 2007 Stoke-on-Trent's high school system's restructure was proposed. During the year 2010 various secondary schools were closed or merged like Michell High and Edensor High was combined to form Discovery Academy, Berry Hill High and St Peter's CE High School was combined to build St Peter's Academy.

Economy

Stoke-On-Trent is a significant center for the ceramics industry. In 1980's and 1990's British Manufacturing sector was hit by decline. Various factories, collieries, potteries, and steelworks were closed. Due to this, the unemployment rate increased in the Stoke-On-Trent.

Wedgwood pottery firm and its subsidiary Royal Doulton are located in Barlaston. In Indonesian factory primary production takes place. In Stoke town, Portmeirion is located which owns the Royal Worcester and Spode brands. In Hanley, Emma Bridgewater ceramics firm is located. In Middlepoint, Burleigh Pottery is located. In Etruria, Wade Ceramics is located. In Burslem, Royal Stafford and Moorcroft are located. Left manufacturers of Bone China is Aynsley Chine in Longton. In Tunstail main factory of Churchill, China is located.

Around 9000 firms are located in the city. Some are founded by local businessman and chairman of Stoke City Peter Coates. John Caudwell started Phones4U Company which is a significant mobile phone retailer. In Stoke on Trent, Michelin tyre company complex is located that includes its training center, truck tyre re-treading facility, and commercial head office.

Large warehouses of Co-operative pharmacy is located in this city. Single largest major employer in a city is Stoke-On-Trent city council, and another one is Royal Stoke University Hospital which has over 7000 staff members.

According to the Competitive Alternatives 2004 report, Stoke-On-Trent is the best cost-effective place to set up new businesses. The major shopping center is Potteries shopping center located in Hanley. It has around 87 units which include brands like New Look, Monsoon, Gap, HMV, River Island, La Senza, Topshop, Marks, and Spencer etc. Quality Formations ranked Stoke-On-Trent second best city for starting any business due to various factors like offices, energy, public transport, property and financial access.

Risk Management

All businesses, la...