This course covers the M_o_R® Foundation syllabus, including the following topics:
Introduction – Introducing basic concepts and terms, the history, regulatory and legislative background of corporate governance and management of risk, how it works, where and when it is important and how different levels, perspectives, roles and responsibilities can be considered to form a coherent approach.
The Management of Risk Principles – The universal, self-validating and empowering principles of Management of Risk. These are essential for the development of good risk management practice. The principles are informed by corporate governance principles and ISO 31000:2009
The Management of Risk Perspectives – The way in which Management of Risk is applied will vary according to the organizational perspective. This session explains how this will be achieved for the Strategic, Programme, Project and Operational perspectives.
Roles and Responsibilities – This session explains the responsibilities for Management of Risk through the perspectives.
Embed & Review, Health-check and Maturity Model – Having explained the need for and approach to integration of Management of Risk into the culture of the organization, this session then explains the use of the Health-check to establish the current status of Management of Risk and the Maturity Model to help deliver the Facilitates Continual Improvement principle.
The Management of Risk Approach – This session explains the documentation required to support successful Management of Risk and discusses how this might be tuned to specific organizational needs.
The Management of Risk Process and Techniques – This session will cover the Management of Risk process steps of Identify, Assess, Plan and Implement in detail. Recommended techniques to support each step are discussed and demonstrated.
Management of Risk Specialisms – This session will provide introductions to some risk management specialisms. For example: Business Continuity, Incident and Crisis Management, Health and Safety Management, Security Risk Management, Financial Risk Management, Environmental Risk Management, Reputational Risk Management and Contract Risk Management.
Practical Work - Specially written scenarios and comprehensive sets of related tasks help provide a practical application of the method.