Management of Risk ® Foundation & Practitioner

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  • 30-11-1999

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  • 30-11-1999

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  • 30-11-1999

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  • 30-11-1999

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  • 30-11-1999
Price (exc vat): £1499
PrintDURATION: 5 days
TIME: 09:00 to 17:00 GMT

Any organisation or individual seeing the need for guidance on a controlled approach to identifying, analysing and managing risk at strategic, programme, project and operational levels.

About Management of Risk ® Foundation & Practitioner

This Management of Risk, M_o_R® course is available on our open public schedule, or can be held at your premises. Officially launched in 2002, the M_o_R® guide is intended to help organisations put in place an effective framework for risk management, helping decision making based on risks that affect strategic, programme, project and operational objectives.

Target Audience

Any organisation or individual seeing the need for guidance on a controlled approach to identifying, analysing and managing risk at strategic, programme, project and operational levels. We offer a range of courses suitable for Project & Programme Managers, Risk Managers, Project Support and Assurance.  Managers from other disciplines will also benefit, particularly those responsible for establishing standards and integration with MSP® and PRINCE2®.

The course is a mixture of input and practical sessions, delivered by an APM Group approved trainer with practical experience of programme, project and risk management. The pre-course material includes our highly acclaimed event preparation CD and the M_o_R® Manual.  Delegates should spend approximately 10 hours studying this pre-course material in order to be well prepared for the course. Due to the intense nature of this course, delegates should plan to commit approximately 1 hour each evening during the course for study and review.

Examination

There are two examinations associated with the M_o_R® method, Foundation and Practitioner.

M_o_R
Foundation Exam

  • 1 hour
  • Closed book exam
  • 75 multiple-choice questions

Practitioner Exam

  • 3 hours
  • Open book (M_o_R® manual and the APMG guidance document ABC Consulting Ltd. only)
  • Scenario based objective test. 4 questions, 20 marks each
  • Pass mark is 50% (40/80).

Our M_o_R® courses are offered in association with SPOCE Project Management Ltd”.
Link to: Acknowledgements

Course Includes:

  • Lunch and refreshments excluding London – Please advise us of any special dietary requirements.
  • Pre-course materials where relevant
  • Official course handbooks
  • Supporting stationary
  • Exams and their fees – first attempt only
  • Course Certificates where relevant

Aim & Objectives

Aim
To gain a formal qualification in Management of Risk, M_o_R®.

Course Objectives
By the end of each course you will be in a position to:

  • Understand the benefits and principles underlying a structured approach to the assessment and management of risks
  • Apply the principles of M_o_R® within a work environment
  • Communicate effectively with colleagues and managers within a structured risk environment
  • Enable delegates to understand the M_o_R® method at the Practitioner level

Course Content

This course covers the M_o_R® Foundation and Practitioner syllabus, including the following topics:

Overview of Corporate Governance and Risk – Introducing basic concepts and terms, the history, regulatory and legislative background of corporate governance and management of risk.

Management of Risk Process Lifecycle – Examining how risks and issues are initiated and how they can be managed from start to finish. Where the M_o_R® framework can be applied.

Making It Work and Getting It Right – Looking at tips, tricks and traps in corporate governance and management of risk.

Frameworks, Tools and Techniques – An overview of the different ways that a framework can be implemented as well as providing a good foundation for understanding the tools, process and techniques that are used in risk management.

Budgets, Finance – Management of Risk – Examining the financial aspects of management of risk, how it should be budgeted, how it fits with financial risk and cost benefit analysis.

Communicating and Training; Risk Awareness – How a risk communication strategy could be set up, modified or run; how to get buy-in and ownership of risk; what it means to be a risk owner; how to develop staff awareness.

Measurement, Control and Reporting – The best way to use risk assessment and management tools, as well as how to monitor progress; ways to use the tools to encourage innovation; facilitate auditing; risk reporting.

Support Function for the Management of Risk within a Programme and/or Project – An overview of the extent and level at which corporate governance and management of risk should be applied throughout a programme, project or project office process.  Also management of risk for resourcing, tendering and the procurement process; service level agreements and value chains.

Practical Work – Specially written scenarios and comprehensive sets of related tasks help provide a practical application of the method.

Video Testimonials

Client Testimonials

  • Name: 200 + delegatesCompany: Via Reviews.co.uk

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  • Name: Scott SellarsCompany: More on Reviews.co.uk

    APM Project Management Qualification (PMQ) course review

    I completed the PMQ course through IPSO FACTO and they were a pleasure to work with from the moment I first made an enquiry. Every piece of course administration was made simple for me and the classroom facilities were just perfect. The course instructor was professional, knew the subject very well and focused our learning in a practical way to help put it into perspective. Overall, a very professional experience and I would recommend IPSO FACTO as a quality training company. Thank you. [Scott Sellars]

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  • Name: Simon M.Company: Career Change

    PRINCE2 Foundation and Practitioner course review

    I attended the project management qualification in December (having already attended the PRINCE2 course in November). Although a challenging subject, I found that the training was engaging because there was adequate time to not only listen but to also give examples and hear examples from other individuals from the class. This aids to help people’s understanding or misunderstanding in some cases and help breakdown the subject into easier chunks. It also helps that IPSO FACTO have in my opinion some of the most experienced instructors in the country, meaning that if you just don’t get something they bring their personal experience into the story to help your understanding. Simon M.

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  • Name: Chelsea B.Company: More on Reviews.co.uk

    APM PFQ (Introductory Certificate) course review

    The PFQ (APM IC) was for me a good introduction into understanding the ‘Project Management’ world better. It helped me to identify areas and processes that I am not yet familiar with but I now have more confidence in tackling. Passing this course has further confirmed that I do want to go on to study for the APMP qualification. Chelsea B.

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