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 Luton

Luton is a large town in the historic county Bedfordshire in the East of England with a population of around 216,800 according to 2011 census. It is situated 30 miles northwest of London and 22 miles southeast of Milton Keynes. London Luton Airport, one of the major airport of United Kingdom is located 1.7 miles east of the town centre and was opened in 1938. The town is home to the University of Bedfordshire and the English Football League Two team or League Two team is also based in the city. The town remained popular for its hat making business for many years. The headquarters of the Vauxhall Motors, one of the oldest vehicle manufacturers in Great Britain is based in the town. The largest one day carnival of Europe ‘Luton International Carnival’ is held every year in the Luton.

History

The traces of the early human settlement of the area was found at Mixes hill and Round Green. The 250,000 years old Palaeolithic encampments were also found at the same place. The remains of the Neolithic period included Waulud’s Bank is much more common. It has been believed that the town is discovered by the Anglo-Saxons in the 6th century and named the city after River Lea. The town’s population was around 800, and the economy was based on the agriculture. The work of the St Mary’s Church was completed in 1137. In 1139, a motte and bailey castle was built, later on, it was demolished in 1154. The place of the castle is now occupied by British fashion and homeware retailer, Matalan. There were six watermills in the town during the Medieval Period.  

In the 13th century, a market for surrounding villages was held in the town every year. The second fair was granted to the town from 1338 with the growth of the town. The town was severally affected by the large fire in 1336. However, the town was rebuilt rapidly after the fire. The agriculture base of the town was replaced by brick making industry in the 16th century, and many older wooden houses were rebuilt in brick. The Royalists entered the town during the English Civil War and demanded goods and money in the 17th century. The royalists were attacked by parliamentary forces, and most of the royalists escaped from the town. The hat making industry dominated the economy of the town by the 18th century. The hat making business is still into operations but on the very smaller scale. In 1722, the first Luton Workhouse was built on Dunstable Road.

The population of the town was recorded 3095 in 1801. The town saw a large expansion in the 19th century resulted in the population of around 39,000 by 1901. The gas was supplied to the town in 1834 and gas street lights were elevated in 1847. The work of water and sewerage system was completed in 1860 followed by the major epidemic cholera spread in the town in 1848. The town gained the status of the borough in 1876. The hat making industry was replaced by other industries in the 20th century. The largest car plant was opened by Vauxhall Motors in 1905 and employed 30,000 people. The production of cars was ended in 2000, and the plant closed in 2002.   

Economy

Traditionally, the town’s economy has been based on Car manufacturing and engineering sector. The focus of the economy is now shifting to service industry particularly in the retail and airport sectors. However, the light industry still operates in the town. The town is home to the headquarters of the well-known firms including Monarch Airlines, EasyJet, Vauxhall Motors and Impellam Group. The principal employers in the town include Luton Borough Council, Aircraft Service International Group, Menzies Aviation, University of Bedfordshire and Luton and Dunstable University Hospital NHS Foundation Trust.

Risk Management

All businesses, la...