M_o_R 4® Practitioner
(course code MORP3)
Overview
Management of Risk (M_o_R) has been designed to help organisations establish an effective framework for risk management across all perspectives in the organisation, which will enable them to make informed decisions about the risks that may affect their strategic, portfolio, programme, project, product, and operational objectives. M_o_R 4 has specific relevance for individuals working in product focussed environments and roles, offering a compelling integrated solution for the unique challenges faced by modern, digital-first organisations. M_o_R has been developed for practitioners who are interested in understanding how risk links to opportunity and the delivery of benefits, and in communicating or cascading this to stakeholders.
This course is based on M_o_R 4, the latest edition of Management of Risk, first released in 2022.
Course Objectives
This 3 day M_o_R Practitioner level training course has been carefully designed to equip delegates with the theory and practical understanding of M_o_R guidance to ensure that they feel confident in the application of the knowledge acquired.
Skills developed by individuals by attending our M_o_R Practitioner training course will help organisations experience:
- Fewer shocks and unwelcome surprises;
- More reliable results;
- More efficient use of resources;
- Reduced waste;
- Reduced non-compliance with regulations;
- Reduced management time dealing with recurring issues;
- Lower costs to borrowing and/ or insurance;
- Greater innovation;
- Improved realisation of benefit from change;
- Greatest focus internally on the things that matter;
- Greater focus externally to shape effective strategies;
- Better-informed and more effective decision-making.
Who Should Attend
M_o_R 4 Practitioner is a must-have certification for roles where managing risk is inherent, including portfolio, programme, project, business change and risk management professionals.
M_o_R training is specifically intended for these groups of people:
- PPM (Portfolio, Programme and Project) professionals, especially those working in agile environments;
- Anyone working within a corporate governance environment that has responsibilities for identifying, assessing, planning, or managing risks, or reporting on risk management activities across the organisation.
Prerequisites
Although there are no formal pre-requisites for this training, having some experience of risk management in one or more organisational perspectives would greatly benefit delegates.
Note: The M_o_R 4 Practitioner course is now a standalone course covering both foundation level knowledge acquisition and practitioner level application of this guidance.There is no Foundation certification associated with M_o_R 4.
Course Content
The MoR Practitioner course covers the following topics:
- The context of risk management in organisations;
- Principles;
- The integrated perspectives of risk (strategic, portfolio, programme, project, product and operational);
- People, cognitive biases, and risk culture;
- Process Cycle;
- Developing an integrated risk management approach across all perspectives within an organisation;
- Differences in approach to risk management in functional and agile environments;
- Implementing M_o_R across linear and agile operating models.
The course consists of content presentations and practical activities intended to broaden and deepen delegate's understanding of risk management
Delegates have access to a range of exam preparation materials.
Delegates also receive a copy of our Desk Reference chart, a summary of the key concepts within M_o_R.
Certification Exam
The Practitioner Exam is a 2¼ hour test.
You will be able to access the official M_o_R 4 guide during the exam, but no other material may be used.
All questions are presented in muliple choice format
You will be presented with 65 questions worth 1 mark each, so the maximum score for the exam is 65 marks. The candidate must score 33 (50%) or more marks to pass the exam.
The exam will be taken online, proctored by Peoplecert.
Delivery Options and Fees
We offer a range of delivery styles and packages for this course. Please go to the Packages and Inclusions page to review the inclusions provided with each package.
Professional Development
Candidates who pass the Practitioner exam are entitled to style themselves as a "Registered M_o_R Practitioner" on CVs and business cards.
Successful completion of this course may entitle you to credits in various professional development programmes:
- For AIPM CPD points, check here;
- For PMI PDUs, check here (see page 11).
Follow-on Courses
We recommend our PRINCE2 project management and MSP programme management courses.
M_o_R® is a registered trade mark of AXELOS Limited, used under permission of AXELOS Limited. All rights reserved.