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 Wolverhampton

Wolverhampton is a metropolitan borough and second largest part of the West Midlands with a population of around 249,470 according to 2011 census. The city was founded in 985, and the name of the city is derived from Wulfrun in the Anglo-Saxon period. Earlier, the city was developed as a market town particularly in the woollen trade. During the industrial era, it became a principal centre for steel production, cars and motorcycles manufacturing and coal mining. The city’s economy is based on the service sector as well as the engineering industry.

History

In 910, the city served as a battle site between the unified West Saxons and Mercian Angles against the raiding Danes. Initially, the city grew as a market town in 1179, but at that time the city did not own a royal charter for conducting a market and the matter brought to the attention of King John in 1204. The charter was eventually granted for holding a weekly market on a Wednesday by Henry III in 1258. The city was considered as one of the staple towns of the woollen trade in 14th and 15th century. The Wolverhampton Grammar School was founded in 1512 and known as one of the oldest active schools in the United Kingdom.

A large number of metal industries started their operations in the city from the 16th century onwards, including the iron and brass working and lock and key making. The city was affected by two great fires in 1590, and 1696 resulted in the destruction of 60 homes and left nearly 700 people homeless. The first fire engine was purchased at the beginning of 18th century after the second fire. The presence of extensive coal and iron deposits in the area contributed towards the wealth of the city in the Victorian era and huge amount of industries established in the city.

In 1837, the railways arrived the city and the first station was situated at Wednesfield Heath, also designated as a First Class station. The station was destroyed in 1965 and replaced by the centrally located station on Stour valley line. Wolverhampton railway works were settled in the city in 1849 and became Great Western Railway’s northern division workshop in 1854. During the Great Famine period of disease and mass starvation, a large number of immigrants from Wales and Ireland moved to the city in the 19th century. The city was represented politically by the longest serving MP in parliamentary history, Charles Pelham Villiers.

The city saw a large expansion in bicycle industry from 1868 to 1975 with the establishment of more than 200 bicycle manufacturing companies included Marston, Star and Viking. The large volume of bicycles manufacturers left the city between 1960 and 1970. The public housing development project started in the city after the end of the Great War provided 550 new council houses by 1923. The first large-scale housing development took place in the northeast part of the city, Low Hill estate had more than 2000 new council houses and became one of the largest housing estates in the United Kingdom at that time. Huge Asian immigrants were settled in the city during the period (1940-1960), and Sikh community from the Indian state of Punjab contribute approximately 9.1% of the city’s population.

Economy

The economy of the city was initially based on automobiles, manufacturing and engineering industries. These traditional industries have closed over the years. Presently, the city is largely based on the service industry including the sectors of education, hotels, public administration and health, provide 74% employment to the workforce of the city. Another major employer of the city provided job to 12000 employees is Wolverhampton City Council. The city is home to Birmingham Midshires, University of Wolverhampton, Marston’s and Carillion.

Risk Management

All businesses, la...