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M_o_R® Course

M_o_R® Course

The purpose of Management of Risk Course the Foundation and Practitioner certification is to confirm whether you have sufficient understanding of how to apply and tailor MoR in a scenario situation. You should, with suitable direction, be able to start applying an MoR approach to any organizational perspective but may not be sufficiently skilled to do this appropriately for all situations.

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737 USD

Exam is included

Nearest Session: 19 Dec 2021

Duration: 5 Days

PDUs: 35 Hours

This course includes:

Interactive Training Method
100+ Practice Questions
Certified Trainer
Convenient Delivery Option
24/7 Learner Support
Content Designed by Industry Experts

Live Online Training Schedule

Price

737.00 USD

Date

19 Dec 2021 - 23 Dec 2021

Duration

5 Days

Time

7:00pm - 10:00pm

Course Details

Course Objective

The guide provides a route map for risk management, bringing together basic concepts, an approach, a process with a set of interrelated process steps, and pointers to more detailed sources of advice on risk management techniques and specialisms. It also provides advice on how the principles, approach and processes should be embedded, reviewed and applied differently depending on the nature of the objectives at risk.

The purpose of foundation certification is to confirm that you have sufficient knowledge and understanding to contribute to the identification, assessment and control of risks across any organizational perspective.

The purpose of the Practitioner certification is to confirm whether you have sufficient understanding of how to apply and tailor M_o_R in a scenario situation.

Targeted Audience

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

The certification is aimed at:

Business Change Managers
Programme and Project Managers
Risk Managers
Business and 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.

Delivery Method

Online Training

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

Exam & Certification

Exam Prerequisite

There is no prerequisite for MoR Foundation.

To take the Management of Risk Course MoR Practitioner, you must hold a current M_o_R Foundation certificate.

Exam Format

MoR Foundation

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

MoR Practitioner

Objective testing
Four questions per paper, 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 is allowed. The manual may be annotated and tabulated but no sticky notes and loose-leaf papers containing additional notes will be allowed.

Certifications

You must pass the Management of Risk 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.

However, if you take both the Foundation and Practitioner exams on the same day, and pass both, you will receive a Practitioner examination certificate only.

Course Outline

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

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

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

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

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

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

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

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

This course is available only for online.

Yes, the fees include the exam fees.

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

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.

Passing Criteria is 50%

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.

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.

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

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

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

English

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.

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

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

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