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MoR® Certification Course: The Management of Risk

The management of Risk (MoR) is an entry-level certification accredited by PeopleCert. This certification with its two levels fundamental and practitioner aims to master applying the MoR framework in organizations.

MoR course guides you to learn the well-defined steps of the risk management process including identification, assessing, and controlling potential risks that threaten organizations to achieve their strategic goals.

MoR certification covers learning all the must-have management of risk principles, practices, and techniques that ensure the ability to apply them in real scenarios and manage unexpected threats proactively, which helps to minimize source wastages and costs.

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What to Expect From This Course

Who Needs this Course

Delivery Method

Exam Details

What should you expect from this MoR Course?

MoR is a cross-cutting and flexible approach that organizations implement to manage risks effectively by identifying, assessing, and controlling them. It can be applied to different companies regardless of the size or industry. This framework helps organizations save money and time from loss, use resources effectively, and foster contingency management. With the professional application of this framework, organizations can achieve their strategic goals in projects or programs.

M_o_R is suitable for any organization or individual seeking the need for guidance on a controlled approach to the identification, assessment, and control of risk at the strategic, program, project, and operational perspectives.

What are the goals of the MoR course?

MoR course equips you with solid knowledge at the fundamental level, then entitles you to manage risks professionally at the practitioner level. Here are the expected learning goals from this course:

1- Understanding the MoR basics

Through the fundamental level, you’ll learn the main principles of risk management, terms, techniques, and tools of the MoR framework, differentiate the various types of risks, and identify how to apply continuous improvement in risk management.

2- Mastering the risk management process

You’ll clearly understand the four steps of the risk management process which include: identification, assessment, response, and monitoring. You’ll identify these steps through models of risk management. Additionally, you’ll learn how to apply risk management practices to project management.

3- Risk management implementation

With the practitioner level, you’ll be well-qualified to apply risk management in real-world projects, as you’ll learn how to master applying effective response plans, know how to develop them and be able to integrate risk management into project and portfolio environments. Also, you’ll learn how to improve the risk management system by applying the culture of continuous improvement.

Who needs this MOR Course And Certification?

The MoR certification is designed for individuals who seek to tackle threats and leverage opportunities effectively. So, it’s aimed at:

Business Change Managers.
Programme and Project Managers.
Risk Managers.
Business Programme and Project Support Staff and Managers.
Operational Staff and Managers.
Staff and Managers from other disciplines, particularly those responsible for establishing standards and/or integrating them with MoP^®portfolio management, MSP^® programme management and PRINCE2^® project management.

MOR Certification Online Training

The MoR online training details offered by Bakkah include the following:

5 Days of training.
Exam Simulation.
Group Activity (Break-out Session) after each lesson.
Practice Tests.
Access to additional References – Glossary/ Recommended Reading/ Syllabus.
Material language will be in English.

MOR Certification and Exam Prerequisite

Once you decide to get ready for the MoR exam, you need to be aware of the exam prerequisite of both levels, so get all these details through Bakkah:

Foundation:

None.

Practitioner:

To take the M_o_R Practitioner examination, you must hold a current M_o_R Foundation certificate.

MOR Certification Exam Format

Foundation:

Multiple-choice examination questions.
75 questions.
Five questions are ‘trial questions’ and are not counted in the scores.
35 marks required to pass (out of 70 available) - 50%.
60 minutes duration.
Closed-book exam.

Practitioner:

Objective testing.
Four questions, 20 marks available per question.
40 marks required to pass (out of 80 available) - 50%.
Three hours duration.
Open book exam. Candidates may use the official printed hard copy of the Management of Risk: Guidance for Practitioners guide together with the ABC Guide Part A Example Techniques guidance document.
The manual may be annotated and tabulated but no sticky notes and loose-leaf papers containing additional notes will be allowed.

MOR Certification Exam Instruction

You must pass the Management of Risk MoR Course Foundation exam before the Practitioner exam, either on the same day or separately.
If you sit the Foundation examination only and pass, you will receive a Foundation examination certificate.
If you take both the Foundation and Practitioner exams on the same day, and pass both, you will receive a Practitioner examination certificate only.

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Course Outline

Introduction

Risk & Risk Management Definitions
The importance of risk management
Corporate governance and internal control
Where and when risk management is applied

Management of Risk Principles

Introduction to Risk Management Principles
Principle 1: Aligns with objectives
Principle 2: Fits the context
Principle 3: Engages stakeholders
Principle 4: Provides clear guidance
Principle 5: Informs decision-making
Principle 6: Facilitates continual improvement
Principle 7: Creates a supportive culture
Principle 8: Achieves measurable value

Management of Risk Approach

Introduction to risk management approach
Risk management policy
Risk management process guide
Risk management strategy
Risk & issue registers
Risk improvement plan
Risk communication plan
Risk progress report
Relationship between documents

Management of Risk Process

Introduction to the risk management process
Common process barriers
Communication throughout the process
Step 1: Identify - context
Step 1: Identity - identify the risks
Step 2: Assess - estimate
Step 2: Assess - evaluate
Step 3: Plan
Step 4: Implement

Embedding & Reviewing Management of Risk

Introduction about embedding & reviewing risk management
Embedding the principles
Changing the culture of risk management
Measuring value
Overcoming the common barriers to success
Identifying & establishing opportunities for change

Perspectives

Introduction about the different perspectives in any organization
Strategic perspective
Program perspective
Project perspective
Operational perspective
Achieving measurable value
Integrating risk management across perspectives
Roles & Responsibilities

FAQs

Are the Session Dates Mentioned in the Calender Fixed?

Generally Yes. But you always get confirmation of the session's date one week before the selected date, and based on that, communication is established with the registered participants.

Are there any prerequisites to apply for this course?

No, there is no prerequisites for this course. To take up practitioner exam - you must hold a current M_o_R Foundation certificate.

Is this course endorsed by an accreditation body?

Yes, it is accredited from PeopleCert on behalf of Axelos.

Is this course supported by the Human Resources Development Fund (HRDF)?

Is this course available for online and self-study?

This course is available only for online.

Are exam fees included in this program?

Yes, the fees include the exam fees.

What languages is the exam available in?

Dutch (Foundation only)
English (all examinations)
German (Foundation only)
Polish (all examinations)

How long will it take for me to receive my certification exam results?

Exam results will be announced within 2 business days after the candidate’s answers are officially submitted to us by the exam supervisor. In case you have received an email from PeopleCert informing you that there are pending actions from your side, please make sure that you complete the actions for the exam results to be issued.

What score do I have to earn to pass the certification exam?

Passing Criteria is 50%

What if I do not pass the certification exam? Can I retake it?

Yes, you can retake it. PeopleCert offers the Take2exam re-sit service at an affordable price.
You can purchase it along with the exam.
If you succeeded, TAKE2 fees is nonrefundable.
If you failed, you could take another chance using TAKE2.

Will my certification have an expiry date?

The Foundation Exam has no expiration period.
A candidate who passes the Practitioner's Exam is recognized as a "Registered Practitioner in Risk Management (M_o_R®)", and the registration period is five years.
To maintain registration, practitioners must complete and pass the Risk Management Re-Registration (MoR) exam three to five years after receiving the practitioner's previous certification.

Is there a hardcopy of my certificate once I pass the exam?

Yes, you can get your hard copy Certificate. You need to order your hard copies through the PeopleCert Account with standard or courier delivery.

How and when will I receive the certificate?

The dispatch and delivery times are below:

Standard Delivery (dispatched within 3-5 business days)

4-6 weeks - Europe
6-8 weeks - Rest of the world (exc. Europe)

Courier Delivery (dispatched within 1-2 business days)

Delivered in up to 5 business days

Who’s the instructor?

Bakkah has an array of certified practitioners with several years in teaching.

In what language will this training be delivered?

English

In what language will the training material be available?

English

How are the materials available online?

Online classes are delivered using our Learning Management System (LMS). We provide access to pre-course reading, pre-post assessment, chapter exercises, practice test, case studies and to additional references Glossary/Recommended Reading in our LMS.

Is there interaction with other online students?

Yes, there are group activities after each lesson where you can interact with other online students.

Is there a renewal requirement for this certification?

Yes. All candidates who acquired PeopleCert’s certifications will need to renew them within three years of their original certificate dates.

Please check the examples listed below:

If certified before 30 June 2020: your certification will be valid until 1 July 2023 to renew your certificate, regardless of the original acquired date.
If certified after June 2020: your certification(s) shall be renewed within 3 years of the original acquired date.

How can I renew my certification?

From 15 January 2023, you have renewal paths available as listed below:

Retake the same exam: you can renew your certification by re-taking your original exam before the renewal date.
Take further courses and certifications: you can renew your certification by attending another course and taking an exam within the same product package before the renewal date.

What if I didn’t renew my certificate?

Please note that candidates who do not renew their certifications will still be included on the Successful Candidates Register (SCR) and the Candidate Verification Service (CVS).

However, a note will be added to their record to indicate that their certification needs to be renewed to align with current certification requirements.