Management of Risk (M_o_R®) Foundation eLearning

• Businesses seeking a more controlled and effective approach to identifying, assessing, and controlling risks at strategic, program, project, and operational levels

• Business change managers, project managers, risk managers, program managers, and others who deal with risks and opportunities

• Anyone seeking lucrative opportunities within risk management and other career paths

• M_o_R team members and support staff who require an introduction to the risk management framework

• Anyone seeking to pass the M_o_R Foundation examination on their first attempt

• How to make informed decisions on risk management throughout a business

• How to identify, assess, and control risks in any area of an organization

• How risk management helps businesses prepare for success, improve service delivery, meet key objectives, and deliver real value for money

• How to facilitate risk management from different perspectives

• Everything needed to successfully pass the official Management of Risk (M_o_R) Foundation exam

Why should you take this course?

• Management of Risk (M_o_R) offers demonstrably effective practices and insight that can be applied throughout an organization.

• Risk management is becoming an increasingly important aspect of business management and corporate governance, to the extent that the position of ‘risk manager’ has become a popular specialization.

• Inadequate risk management can cause delays, wastage, damage to relationships, a lack of transparency, theft, and other catastrophic failures within a business.

• This M_o_R Foundation e-learning course offers a comprehensive introduction to the framework, its tools and practices, and how it creates value.

• M_o_R is compatible with other popular frameworks, such as PRINCE2, MSP, and AgilePgM. Its best practices and insight are also relevant across multiple departments and levels of seniority.

• We offer each student 6 months access and a FREE exam voucher, as well as a FREE resit with Exam Pledge (T&Cs apply)

• This course is fully accredited by PeopleCert on behalf of AXELOS

Welcome to M_o_R Foundation Learning Objectives

This introductory module looks at the main features of the course, including its learning plan, aims, objectives, and structure.

Students receive a syllabus, diagram pack, glossary, and further reading and links document with URLs for downloading copies of essential M_o_R publications.

The module also addresses many of the most frequently asked questions surrounding M_o_R.

Module 1: Introduction to M_o_R Learning Objectives

This module provides an overview of the M_o_R framework as well as the actions involved in its implementation.

The module goes on to address the benefits of risk management before describing the four M_o_R perspectives and risk specialisms and how they are used.

Module 2: The M_o_R Perspectives Learning Objectives

This module describes the four M_o_R Perspectives and the roles and responsibilities related to them. It then examines Enterprise Risk Management (ERM) and the Central Risk Function.

Module 3: The M_o_R Principles Learning Objectives

This module examines the eight M_o_R Principles, along with their purposes and outcomes. It also describes the techniques and tools used to identify contexts and engage with stakeholders.

Module 4: The M_o_R Approach Learning Objectives

This module describes how to develop an approach to risk management. It also outlines what documents are required to do so.

Module 5: Memory Game Learning Objectives

This module features a memory game that reviews the key terms related to M_o_R’s Principles, Perspectives, and Approach.

Module 6: The M_o_R Process Part 1 Learning Objectives

This module starts with an explanation of the four process steps of M_o_R. It explores the ‘Identify’ step and describes several related tools and techniques.

Module 7: The M_o_R Process Part 2 Learning Objectives

This module looks at the Assess, Plan, and Implement steps, as well as several tools and techniques associated with them. It also describes options for risk response and contingency planning.

Module 8: Embedding and reviewing M_o_R Learning Objectives

This module explores how to embed and review the M_o_R framework using a risk management health check and maturity model. It then explains how to measure value and overcome barriers in risk management.

Module 9: Memory Game Learning Objectives

This module features a memory game on the M_o_R process, as well as how to embed and review M_o_R.

Module 10: M_o_R Foundation Wrap Up Learning Objectives

This module provides a summary of all the key points covered in the course.

Practice Exam Simulators Learning Objectives

This module features a short video game explaining how to approach the M_o_R Foundation certification exam. It also provides two practice exam papers from AXELOS.