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 Swansea

Swansea is a coastal city lies on the south coast of Wales with a population of around 241,300 in 2014. The county of Swansea is the second largest and most populous city in the Wales followed by Cardiff. The city is situated between the ancient Welsh and Glamorgan‘s historic county boundaries and surrounded by Bristol Channel and Swansea Bay. The city was also known as Copperopolis due to the presence of copper industry in the 19th century. The town got the city status in 1969 during the Prince Charles’s tour to Wales. The city comprises four physical areas include Gower Peninsula, urban and suburban zone stretching to the towns of Gorseinon, Lliw uplands and coastal strip around Swansea Bay.

History

The name of the city is derived from Sveinn’s island, referring settlement is developed on the raised ground in marshes. The early evidence of the area demonstrated the Bronze Age, Stone Age and Iron Age. It has been suggested that the city has developed as a Viking trading post. The first charter was granted to the city in the 11th century and it gained the status of the borough.  A marcher lordship was formed in the city after the Norman Empire and incorporated land around the manor of Kilvey, Swansea Bay and the peninsula. The borough charter was granted between 1158 and 1184 and gained the status of chief lordship town.

During the Industrial Revolution, the city served as the key logical base for copper smelting works. The wool, cloth, wine and coal was traded through the Swansea port. The population of the city expanded significantly in the 18th century. The lower Swansea valley was filled with waste products and derelict works due to decline in heavy industries in the town in the 20th century. The Lower Swansea Valley Scheme was introduced in the city to bring the wasteland into the usable condition. This resulted in the construction of Enterprise Zone over the wasteland and north and south dock became Parc Tawe and Marina respectively. The city was the prime target of German bombers during the Second World War due to the presence of the heavy industries in the town and the centre of the town was significantly affected.  

Economy

The economy of the city was based on metals, copper and mining industry in the 18th century.  These heavy industries declined and the majority of the copper ores were melted in the lower Swansea valley. The trend of the economy shifted to light industries and service sector. More than 90% of the workforce is engaged in the service sector including banking, finance, education, public administration and insurance. Headquarter of the Driver and Vehicle Licensing Agency is based in the city and provided employment to around 6000 people in the city while other major employers in the city include Virgin Media, Amazon, Admiral Group, BT and HSBC. The city is home to the worldwide customer care centre of the Virgin Atlantic, handling baggage claims, customer relations, reservations and sales. 

Education

The city has six infants, one nursery, five junior, fifteen comprehensive and seventy-seven primary schools in the city. The campus of Swansea University is located in the Singleton Park for higher education. The engineering department of the university has done an outstanding work for solving engineering design problems and acknowledged as a centre of excellence. The other departments of the university such as Physics, Computer Science and History were also renowned for their achievements. The third best medical school in the country after Cambridge and Oxford ‘Swansea University Medical School’ is located in the city. The other higher educational institutes are Gower College and University of Wales Trinity Saint David.  

Risk Management

All businesses, la...