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 Milton Keynes

Milton Keynes is a town in Buckinghamshire, South East England, that lies equidistant from London, Birmingham, Oxford, Cambridge and Leicester.  Although the town was found as recent as January 1967 to provide for the more residential area, archaeologists have traced its existence back to the Bronze Age. When the town of Milton Keynes came into existence in 1967 it took under its umbrella the existing towns of Bletchley, Wolverton and Stony Stratford. The town got its name from the  Middle Age village of Milton Keynes which was mentioned as Middeltone in the 11th Century.

The town has a population of 250,00 as of now which is almost 5 times than it was when it came into existence in 1967.The design of this town was created by known urban planners and architects including Lord Norman Foster, Sir Richard MacCormac, Ralph Erskine, Henning Larsen, Martin Richardson and John Winter. The design the created was of a modernist type and used the grid square system.

The town is home to various parkland and lakes which are now known to characterize Milton Keynes now. Though one may find very tall buildings in Milton Keynes today, this was not so until 2004. Earlier, as a rule, no building could be taller than a tree.Milton Keynes is a combination of both the ancient and modern attracts visitors and new residents alike.

Villages and Towns in Milton Keynes

  • Bletchley - first recorded as Blechelai in the 12th century was a major Victorian junction that was the main cause of its development during that period. The villages of Water Eaton and Fenny Stratford also became a part of Milton Keynes later on.
  • New Bradwell – It was built for the railway workers especially to the north of Bradwell, across the canal and the railway, to the east of Wolverton. The old Wolverton to Newport Pagnell Line has now been converted to a Redway, a favourite for cyclists and so named because of the red pathways.
  • Great Linford - mentioned as Linford in the in the Domesday Book as Linford, features a church dating to 1215 AD that is dedicated to Saint Andrew. What is now an arts museum used to be the outer buildings of the 17th-century manor house. The Linford Manor has also become a well-known studio for recording.

Existing Districts and Councils of Milton Keynes

  • Bletchley and Fenny Stratford:, Central Bletchley, Denbigh North, Water Eaton, Denbigh East, Brick fields Denbigh West Fenny Stratford, Granby, Mount Farm, Newton Leys, Fenny Lock
  • Bradwell: Bradwell village, Bradwell, Bradwell Common, Rooksley, Heelands
  • Bradwell Abbey: Rooksley, Kiln Farm, Two Mile Ash, Wymbush, Stacey Bushes
  • Broughton and Milton Keynes: Middleton (including Milton Keynes Village), Pineham, Atterbury, Brook Furlong, Broughton, Fox Milne, Oakgrove, Northfield
  • Campbell Park: Springfield, Fishermead, Newlands, Oldbrook, Woolstone, Winterhill, Willen and Willen Lake
  • Central Milton Keynes: Campbell Park and Central Milton Keynes
  • Great Linford: Blakelands, Conniburrow, Downs Barn, Giffard Park, Bolbeck Park, Great Linford, Pennyland, Downhead Park, Neath Hill, Willen Park, Tongwell
  • Kents Hill, Monkston and Brinklow: Kents Hill, Brinklow, Monkston, Kingston
  • New Bradwell
  • Loughton: Great Holm, Loughton Lodge,  Loughton, Knowlhill
  • Old Woughton: Woughton Park, Woughton on the Green, Passmore
  • Shenley Brook End: Furzton, Emerson Valley, Kingsmead, Snelshall, Shenley Brook End, Westcroft, Tattenhoe Park, Tattenhoe,
  • Shenley Church End: Grange Farm, Crownhill, Melbourne, Hazeley, Oxley Park, Oakhill, Woodhill, Shenley Church End
  • Simpson: West Ashland, Simpson, Ashland
  • Stantonbury: Blue Bridge, Bancroft/Bancroft Park, Linford Wood, Bradville, Stantonbury Field, Stantonbury, Oakridge Park
  • Stony Stratford: Galley Hill, Fullers Slade
  • Walton: Walton, Walton Hall, Caldecotte, Old Farm Park, Brown's Wood, Tilbrook, Tower Gate, Walnut Tree, Walton Park, Wavendon Gate.
  • West Bletchley: Denbigh Hall, Old Bletchley, Far Bletchley, West Bletchley
  • Wolverton and Greenleys: Wolverton, Old Wolverton, Greenleys, Hodge Lea, Stonebridge
  • Woughton: Netherfield, Beanhill, Peartree Bridge, Bleak Hall, Elfield Park, Coffee Hall, Eaglestone, Leadenhall, Redmoor, Tinkers Bridge.

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