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MoR® Management of Risk

accredited by

Our MoR® PeopleCert course is accredited by Axelos

Online Instructor-led (4 days)

Classroom (4 days)

Online Self-paced (32 hours)

Official Axelos MoR® 4 Practitioner Risk Management Exam

MoR® 4 Practitioner Risk Management Certification Outline

This four-day MoR practitioner course will teach the following:

Unit 1: Understand the Purpose & Principles of Risk Management

Module 1: Describe Risk, Risk Management and Why Risk Management it is Used, Including the Difference and Relationship Between Risks and Issues

  • What is Risk and Risk Management?
  • Why Use Risk Management?

Module 2: Describe How Risk Management Supports Corporate Governance and Enterprise Risk Management, and Describe the Relationship Between them

  • Corporate Governance and Enterprise Risk Management

Module 3: Explain the Different Risk Management Challenges that a Product Orientated Organisation Faces

  • Challenges of Applying Risk Management

Module 4: Assess How Risk Management is Affected by Functional Orientated and Product Orientated Organisations

  • Functional- and Product-Oriented Operating Models

Module 5: Describe the Purpose of Principles and Why they need to be Applied in Risk Management

  • Overview of the M_o_R®4 Principles

Module 6: Apply and Analyse the Principles

  • Aligns with Objectives
  • Fits the Context
  • Engages Stakeholders
  • Provides Clear Guidance
  • Informs Decision-Making
  • Facilitates Continual Improvement
  • Creates a Supportive Culture
  • Achieves Measurable Value

Unit 2: Understand How Risk Management Applies within the 6 Perspectives

Module 1: Explain the Purpose of Risk Management in Each of the 6 Perspectives

  • Purpose of Risk Management in the Strategic Perspective
  • Purpose of Risk Management in the Portfolio Perspective
  • Purpose of Risk Management in the Programme Perspective
  • Purpose of Risk Management in the Project Perspective
  • Purpose of Risk Management in the Product Perspective
  • Purpose of Risk Management in the Operational Perspective

Module 2: Explain How and Why the Perspectives are Integrated

  • Integrating Risk Management Across the M_o_R®4 Perspectives
  • Overview of M_o_R®4 Perspectives
  • Escalation and Delegation
  • Aggregation

Module 3: Analyse the Calibration of Qualitative Scales Across Perspectives

  • Calibration of Qualitative Scales

Module 4: Apply the ‘Strategic’ Perspective and its Related Practices and Controls, including Integrating Risk Management Across Perspectives, and the Related Roles

  • Typical Roles in the Strategic Perspective
  • Related Practices and Controls in the Strategic Perspective

Module 5: Apply the ‘Portfolio’ Perspective and its Related Practices and Controls, including Integrating Risk Management Across Perspectives, and the Related Roles

  • Typical Roles in the Portfolio Perspective
  • Related Practices and Controls in the Portfolio Perspective

Module 6: Apply the ‘Programme’ Perspective and its Related Practices and Controls, Including Integrating Risk Management Across Perspectives, and the Related Roles

  • Typical Roles in the Programme Perspective
  • Related Practices and Controls in the Programme Perspective

Module 7(a): Apply the ‘Project’ Perspective and its Related Practices and Controls, Including Integrating Risk Management Across Perspectives, and the Related Roles

  • Typical Roles in the Project Perspective
  • Related Practices and Controls in the Project Perspective

Module 7(b): Describe How Risk Management is Influenced by Different Modes of Delivery

  • Linear/Sequential Project Delivery Mode
  • Iterative/Agile Project Delivery Mode
  • Hybrid Project Delivery Mode
  • Continual Improvement

Module 8: Apply the ‘Product’ Perspective and its Related Practices and Controls, Including Integrating Risk Management Across Perspectives, and the Related Roles

  • Typical Roles in the Product Perspective
  • Related Practices and Controls in the Product Perspective

Module 9: Apply the ‘Operational’ Perspective and its Related Practices and Controls, Including Integrating Risk Management Across Perspectives, and the Related Roles

  • Typical Roles in the Operational Perspective
  • Related Practices and Controls in the Operational Perspective

Unit 3: Understand How People and Culture Influence Effective Risk Management

Module 1: Describe Why and How People and/or Cultural Considerations Influence Risk Management

  • Overview of People Considerations

Module 2(a): How Engaging Stakeholders Ensures Effective Risk Management

  • Engaging Stakeholders

Module 2(b): How to Address Decision Biases

  • Working with Decision Bias

Module 2(c): How Individual Competence Creates and Combats Bias in Risk-Based Decision-Making

  •  Building Individual Competence

Module 3: Analyse How the Aspects of Risk Culture Influence Effective Risk Management

  • Shaping a Supportive Risk Culture

Module 4: Assess How to Establish or Contribute to the Right Risk Culture

  • Overcoming Common Challenges in Application

Unit 4: How to apply the 8 Processes of Risk Management

Module 1: Describe the Purpose and Objectives of Each Process

  • Define Context and Objectives
  • Identify Threats and Opportunities
  • Prioritise Risks
  • Assess Combined Risk Profile
  • Plan Responses
  • Agree Contingency
  • Monitor and Report Progress
  • Review and Adapt

Module 2: Apply the ‘Define the Context and Objectives’ Process, Demonstrating an Understanding

  • Activities
  • Techniques
  • Documents to Support the Process
  • Focus of Key Roles for the Process

Module 3: Apply the ‘Identify Threats and Opportunities’ Process, Demonstrating an Understanding

  • Activities
  • Techniques
  • Documents to Support the Process
  • Focus of Key Roles for the Process

Module 4: Apply the ‘Prioritise Risks’ Process, Demonstrating an Understanding

  • Activities
  • Techniques
  • Documents to Support the Process
  • Focus of Key Roles for the Process

Module 5: Apply the ‘Assess Combined Risk Profile’ Process, Demonstrating an Understanding

  • Activities
  • Techniques
  • Documents to Support the Process
  • Focus of Key Roles for the Process

Module 6: Apply the ‘Plan Responses’ Process, Demonstrating an Understanding

  • Activities
  • Techniques
  • Documents to Support the Process
  • Focus of Key Roles for the Process

Module 7: Apply the ‘Agree Contingency’ Process, Demonstrating an Understanding

  • Activities
  • Techniques
  • Documents to Support the Process
  •  Focus of Key Roles for the Process

Module 8: Apply the ‘Monitor and Report Progress’ Process, Demonstrating an Understanding

  • Activities
  • Techniques
  • Documents to Support the Process
  •  Focus of Key Roles for the Process

Module 9: Apply the ‘Review and Adapt’ Process, Demonstrating an Understanding

  • Activities
  • Techniques
  • Documents to Support the Process
  • Focus of Key Roles for the Process

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Who should attend this MoR® 4 Practitioner Risk Management Certification Course?

The MoR® (Management of Risk) Practitioner Risk Management Certification is designed for professionals who are involved in or responsible for managing risks within organisations. This certification is particularly beneficial for:

  • Project Managers
  • Risk Managers
  • Business Analysts
  • Compliance Officers
  • Finance Professionals
  • Operations Managers
  • IT Managers
  • Change Managers
  • Government Officials
  • Quality Assurance Professionals

Prerequisites of the MoR® 4 Practitioner Risk Management Certification Course

There are no formal prerequisites for attending this MoR® 4 Practitioner Risk Management Certification.

MoR® 4 Practitioner Risk Management Certification Overview

Risk management is the process of discovering, assessing, and controlling threats to an organisation's capital and revenues. MoR® demonstrates how the principles, procedures, and techniques can be integrated, examined, and applied to work practises. Studying this training will be essential for organisations to increase the chances of success for change initiatives and improve management of unanticipated dangers and opportunities. This training will help learners make immediate sense of situations in comparison to the current situation with previous situations. Holding skills as a MoR® Practitioner can help individuals increase their value by learning functions to improve their work output in their respective fields.

In this 4-day MoR® Practitioner V4 Certification, delegates will gain in-depth knowledge about how to apply and tailor it in a practical context. During this training course, delegates will learn how to distinguish between current issues and potential future situations. They will also understand how to enable the aggregation and escalation of risks explicitly at the strategic level. Our highly skilled professionals with years of teaching experience will conduct this training and equip delegates with the concepts of MoR®.

Course Objectives

  • To establish a simple process and associated vocabulary of terms
  • To learn the purpose of risk management from the portfolio perspective
  • To understand the outcome of satisfying the principle of engaging stakeholders
  • To add value to and achieve the entire organisation's objectives
  • To provide expert support to operational managers and leaders
  • To recognise people's perceptions as a significant factor for success

At the end of this MoR® Practitioner Training course, delegates will be able to engages stakeholders in an inclusive and collaborative way. They will also be able to manage structured approach to the management of risk that can be tailored to the specific context.

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What's included in this MoR® 4 Practitioner Risk Management Certification Course?

  • Mor® Practitioner Examination
  • World-Class Training Sessions from Experienced Instructors
  • Mor® 4 Practitioner Risk Management Certificate
  • Digital Delegate Pack

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MoR® 4 Practitioner Risk Managment Certification Exam Information

The MoR® 4 Practitioner Risk Management exam is a professional certification exam that tests your knowledge and understanding of the MoR® methodology. It is designed for anyone who wants to demonstrate their expertise in using MoR® to manage organisational change. The following information showcases the structure of the MoR® 4 Practitioner Risk Management. 

  • Question Type: Objective Testing 
  • Total Questions: 65 
  • Total Marks: 65 Marks 
  • Pass Mark: 50%, 33/65 Marks 
  • Duration: 2 Hours and 15 Minutes 
  • Open Book/ Closed Book: Open Book

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accredited by

Our MoR® PeopleCert course is accredited by Axelos

Online Instructor-led (3 days)

Classroom (3 days)

Online Self-paced (24 hours)

Official Axelos Management of Risk (MoR®) Foundation Exam

MoR® Foundation Course Outline

Our MoR® Foundation covers the following:

  • Introduction to MoR® concepts, definitions, and framework
  • What is risk? What is risk management?
  • Understand the method behind the MoR® framework
  • Principles of MoR® and concepts relating to them
  • Understand the main mechanisms that support the MoR® Principles
  • Introduction to the core management documents used in MoR® and how they are applied
  • The risk management process, including the various techniques used to monitor it
  • Risk as an iterative process
  • How MoR® process identifies, analyses and controls risk
  • Understand how embedding and reviewing works in MoR®
  • Understand the need for MoR®
  • Introduction to MoR® perspectives and how they are used
  • How each role is responsible for risk management
  • Risk specialisms
  • Benefits of using MoR® 

MoR® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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Who should attend this Management of Risk (MoR®) Foundation Course?

The MoR® Foundation Certification is aimed at any individual who would like to increase their knowledge of Risk Management. This qualification may Benefit Managers, as it will aid their ability to make informed decisions. This qualification would be especially useful for:

  • Business Change Managers
  • Risk Management Consultants
  • Business Consultants
  • Compliance Officers
  • Risk Analysts
  • Operations Managers
  • Government Officials
  • Quality Assurance Professionals
  • Project Managers

Prerequisites of the MoR® Foundation Training Course

There are no formal prerequisites for attending this MoR® Foundation Training Course.

MoR® Foundation Course Overview

This 3-day Management of Risk (MoR®) training course aims to provide candidates with a basic knowledge of risk management, to enable the candidate to pass the MoR® Foundation examination, which is included. The MoR® certification teaches candidates how to identify, analyse, and control risks, both positive and negative. The course is taught by our expert trainers who have extensive experience in the field of risk management. This certification, therefore, prepares candidates to make informed decisions on potential risks.

MoR® is based on a generic framework that can be applied to any organisation, of any size, from within both the public and private sectors. This generic framework means that the MoR® Foundation qualification is transferable, broadening the candidate's prospects. Our global best practice training course, MoR® Foundation, is accredited by PeopleCert on behalf of AXELOS.

 

MoR® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

The Swirl logo™ is a trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.

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What's included in this MoR® Foundation Training Course?

  • Mor® Foundation Examination
  • World-Class Training Sessions from Experienced Instructors  
  • MoR® Foundation Certificate
  • Digital Delegate Pack

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MoR® Foundation Examination Information

To complete our MoR® Foundation course, the delegate must pass the MoR® Foundation exam.

MoR Foundation exam format:

  • Question Types: Multiple choice examination questions
  • Total Questions: 75 questions per paper
  • Pass Mark: 35 marks required to pass (out of 70 available) - 50%
  • Duration: 60 minutes’ duration
  • Open Book: No, this a Closed book exam
  • Additional Information: Five questions are ‘trial questions’ and not counted in scores

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Online Instructor-led (2 days)

Classroom (2 days)

Online Self-paced (16 hours)

Certified Risk Manager Professional (CRMP) Exam

Certified Risk Management Professional (CRMP) Course Outline

Module 1: Defining Risk

  • What is Risk?
  • Formula for Risk Calculation
  • What is a Hazard?
  • Risk Categories

Module 2: An Overview of Risk Management

  • What is Risk Management?
  • What is Risk Identification?
  • What is Risk Attitude?
  • What is Risk Mapping?
  • What is a Risk Management Plan?
  • Risk Map

Module 3: Why Risk Managemenist necessary?

  • Overview
  • Enhance Resilience
  • Improving Decision-making
  • Building Trust
  • Creating Opportunities
  • Meeting Stakeholder Expectations

Module 4: What makes Risk Management Worthwhile?

  • Introduction
  • Reasons Why Risk Management is Worthwhile
    • Protection of Assets
    • Cost Reduction
    • Improved Decision Making
    • Compliance
    • Competitive Advantage
    • Stakeholder Confidence

Module 5: Principles of Risk Management

  • Risk Assessment
  • Risk Mitigation
  • Risk Communication
  • Risk Monitoring
  • Integration with Business Processes
  • Continuous Improvement
  • Risk Ownership
  • Risk Culture

Module 6: Risk Management Culture

  • Key Aspects of a Risk Management Culture
  • Barriers to Risk Management
  • What Steps can be Taken?
  • What are the Benefits?
  • Developing and Demonstrating Good Risk Culture
  • Changing the Culture for Risk Management

Module 7: Risk Management Process

  • Plan Risk Management Process
  • Identify Risk Process
  • Qualitative Risk Analysis Process
  • Quantitative Risk Analysis Process
  • Plan Risk Response Process    
  • Monitor and Control Risk Process

Module 8: Assessments and Control of Risk Management

  • Risk Health Checks
  • Triggers for Health Checks
  • Risk Health Check Structure
  • Risk Maturity Models
  • KPIs and EWIs – The Value of Risk Management
  • Strategic KPIs and EWIs
  • Programme KPIs and EWIs
  • Project KPIs and EWIs
  • Operational KPIs and EWIs

Module 9: Duties and Roles Adopted

  • Senior Level
  • Management Commitment
  • Support Level Commitment

Module 10: Risk Management Tools

  • Probability Scales
  • Impact Scales
  • Probability x Impact
  • Risk Register
  • Other Tools for Identification
    • Assumptions Analysis
    • Checklist Analysis
    • Interviewing
    • Brainstorming and Prompt Lists
    • Root Cause Analysis
    • Failure Mode and Effects Analysis
    • Fault Tree Analysis
  • Contingent Response Plan
  • Tools for Monitoring and Controlling Risk

Module 11: Making Changes

  • Introduction to Decision Making
  • Decision Making Process
    • Identifying the Problem
    • Identifying and Analysing Alternatives
    • Making the Decision and Implementing it
    • Review
  • Tools and Techniques
    • Decision Tree
    • Analytic Hierarchy Process (AHP)
    • Influence Diagrams (ID)
  • Generic Response Options
    • Avoiding the Threat
    • Reducing a Threat
    • Transfer the Threat
    • Accept the Risk
    • Prepare Contingency Plans

Module 12: Communicating

  • Overview
  • Risk Communications Matrix
  • Risk Communication Procedures
    • Leadership Level
    • Senior Level
    • Management Level
    • Support Level

Module 13: Engaging with Stakeholders

  • Overview
  • Factors to Give Assurance to Stakeholders

Module 14: Economics of Risk Management

  • Monte Carlo Analysis
  • Cost-Benefit Analysis

Module 15: Application of Risk Management

  • To an Organisation
    • Risk Identification
    • Risk Assessment
    • Risk Management Planning
    • Risk Monitoring and Review
  • To a Specific Business Scenario
    • Risk Mitigation
    • Risk Monitoring and Review
    • Risk Assessment

Module 16: Overcoming Problems

  • Use a Systematic Approach
  • Foster a Risk-aware Culture
  • Use Technology
  • Regularly Review and Update Risk Management Processes
  • Involve Key Stakeholders
  • Monitor and Measure Risks

Module 17: Concluding CRMP

  • Key Points

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Who should attend this CRMP Course?  

The Certified Risk Management Professional (CRMP) Course is a valuable certification for anyone who wants to advance their career in Risk Management. The CPPM Course can benefit a wide range of professionals, including:

  • Risk Managers
  • Operational Managers
  • Business Leaders
  • Compliance Officers
  • Insurance Professionals
  • IT Professionals
  • Project Managers

Prerequisites of the CRMP Course  

There are no formal prerequisites for attending this CRMP Course. However, a basic understanding of risk management concepts can be beneficial.

Certified Risk Management Professional (CRMP) Course Overview

Risk management is the process of identifying, assessing, and controlling risks that could potentially impact an organisation's operations, assets, or reputation. Certified Risk Management Professional (CRMP) is a globally recognised certification that validates the knowledge and expertise of risk management professionals. Effective risk management is crucial for organisations to minimise potential losses and disruptions. Studying this training provides individuals with an understanding of risk management concepts, tools, and techniques, which can help them improve their risk management skills and contribute to their organisation's success. This training helps organisations develop and implement effective risk management strategies and procedures to enhance their risk management culture. Pursuing this training helps individuals enhance their career prospects, increase their earning potential, and prove their commitment to continuous professional development.

The Knowledge Academy’s 2-day Certified Risk Management Professional (CRMP) Training Course provides delegates with in-depth knowledge about fundamental concepts, categories, and processes of risk management. During this training, they will learn about the tools and techniques used in risk management, such as probability and impact scales, decision trees, and cost-benefit analysis. They will also learn about how to modify behaviour to promote effective risk management. This course will be led by our highly skilled and knowledgeable trainer, who has years of experience in teaching and will help delegates get a complete understanding of this course.

Course Objectives

  • To attain knowledge about the risk management process and principles
  • To become familiar with the tools and techniques used in risk management
  • To learn how to develop various skills for risk identification and mapping
  • To understand risk communication procedures and engage with stakeholders
  • To apply risk management to an organisation, including incident and crisis management
  • To promote an effective risk management culture through behaviour modification

After attending this training, delegates will be able to develop and implement effective risk management strategies, policies, and procedures in their organisation. They will also be able to identify and evaluate risks using various tools and techniques.

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What’s included in this CRMP Course?

  • Certified Risk Management Professional CRMP Examination
  • World-Class Training Sessions from Experienced Instructors
  • CRMP Certificate
  • Digital Delegate Pack

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Certified Risk Manager Professional (CRMP) Exam Information

To achieve the Certified Risk Management Professional (CRMP), candidates will need to sit for an examination. The exam format is as follows: 

  • Question Type: Multiple Choice 
  • Total Questions: 40 
  • Total Marks: 40 Marks 
  • Pass Mark: 65%, or 26/40 Marks 
  • Duration: 60 Minutes 
  • Open Book/ Closed Book: Open Book

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MoR® Management of Risk FAQs

Yes, The Knowledge Academy is accredited by AXELOS for our M_o_R® certifications.
Yes, the examination is included within the course fee and will be completed at the end of the final day of the M_o_R® certification.
There are no prerequisites for completing the M_o_R® Foundation certification. However, as a prerequisite of the M_o_R® Practitioner certification, the Foundation course must have been completed.
Yes, there is a minimum of 2 hours reading each evening in addition to the course.
The M_o_R® Foundation is an indefinite accreditation meaning that it will not become invalid. However, the M_o_R® Practitioner certification must be re-registered every 3-5 years, by completing the Re-Registration examination, in order to keep the qualification up to date.
Yes, the skills ascertained during the M_o_R® qualifications can be used in any industry or organisation. The skills can also be transferred to other training courses, including project management, allowing you to further increase your prospects through other training.
The Knowledge Academy is the Leading global training provider for MoR® Management of Risk.
The price for MoR® Management of Risk certification in the United Kingdom starts from £3695.

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