Management of Risk (M_o_R^®) Foundation Course Outline

OVERVIEW

Management of Risk (M_o_R^®) is a new guidance of risk which can be used across an organisation. Within project and programme environments there will always be risks which need to be identified, analysed and managed. Other areas of an organisation will also be exposed to risks as operational functions are carried out. M_o_R provides guidance on how best to deal with this.

The Guide has been written by leading experts for the Office of Government Commerce - owners of the PRINCE2 & MSP Methods. This event is designed to prepare Delegates to manage risks in a controlled and structured way by examining the M_o_R Guide. Examinations (controlled and marked by the APM Group) are available during the event for delegates who wish to achieve Foundation and Practitioner levels.

DESIGNED FOR

Any organisation or individual seeing the need for guidance on a controlled approach to identifying, analysing and managing risk. The course is suitable for Project & Programme Managers, Risk Managers, Project Support and Assurance Staff. Managers from other disciplines, particularly those responsible for establishing standards an integration with MsP and PRINCE2 will also benefit.

CONTENTS (EXTRACT)

OVERVIEW OF CORPORATE GOVERNANCE AND MANAGEMENT OF RISK

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 PROCESS LIFECYCLE
Examining how risks and issues are initiated and how they can be managed from start to finish. How and where the management of risk framework can be applied, the iterative nature of the risk management of risk life cycle and how risk responses are formulated at the highest level.
MAKING IT WORK AND GETTING IT RIGHT
Looking at tips, tricks and traps in corporate governance and management of risk. Examining critical success factors including ways of ensuring appropriate communication mechanisms are adopted and that risk responses are appropriate and successful.
FRAMEWORKS, TOOLS AND TECHNIQUES
It is important to select and implement a corporate governance or management of risk framework that works within the organisation and is consistent with its culture. This area provides 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 AND 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 and how it is accounted.
COMMUNICATING AND TRAINING FOR RISK, RISK AWARENESS AND MANAGEMENT OF RISK
Internal and external communication of risk and benefits is an important aspect of corporate governance and management of risk. This section includes: how a corporate governance 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.
MANAGEMENT, MEASUREMENT, CONTROL AND REPORTING
When correctly applied, corporate governance and management of risk are useful decision support and audit trailing tools. This section covers: the best way to use such tools, as well as how to manage and monitor progress; ways to use the tools to encourage innovation; facilitate auditing; and 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.
SUPPORT SERVICES & COMMERCIAL PARTNERSHIPS
Support from OGC - ongoing development. Association for Project Management Group involvement; Examination & Registration; Accreditation, logo, International initiatives.

DOCUMENTATION

M_o_R MANUAL
The Management of Risk Manual, published by The Stationery Office, providing the 'official line'.
M_o_R PRACTITIONER’S EVENT PRACTICAL WORK PACK
Containing individual work enabling you to practise the elements contained within the M_o_R Manual. The Practical Work Pack contains Examination-type questions enabling those who are a bit rusty at examination technique to get a feel for the type of questions that will be asked during the examinations. All the exercises come with illustrative answers. The Individual Exercises are designed to familiarise you with the Manual and to help you understand the importance of risk management and how to implement the standards into your organisation.
M_o_R COMPUTER-BASED TRAINING PACKAGE + VISA - EXAMINATION ASSISTANTS
We have developed a Computer-Based Training Package for Delegates attending our M_o_R Event. VISA Provides software-based revision assistants to familiarise you with the Foundation exam. This enables Candidates to check their progress towards the required passmark.

BENEFITS

Following the course, Delegates will be able to establish methods and techniques in accordance to the M_o_R Guide. Existing Methods such as PRINCE2 and MSP will also be able to integrate with M_o_R Management.

APPROACH

The course will be a mixture of input and practical sessions, delivered by an APM Group approved trainer/consultant with practical experience of managing risk and projects. Practical sessions will be on an individual and team basis focusing on the examination on the final day.

DURATION & PRICES

Practitioner - 5 DAYS with Foundation and Practitioner Exams. Four Days of Classroom training, as described above with an additional day (Friday) for the Practitioner examination.

£1,725.00 + VAT- Bournemouth (Includes accommodation)

Foundation - 4 DAYS with Foundation Exams. Four Days of Classroom training, as described above with Foundation examination on the Thursday at 2pm.

£1,555 + VAT- Bournemouth (Includes accommodation)

What is Included in the price?

	Particulars	Foundation Course	Practitioner Course
1	Tuition	4 Days Tuition including Foundation Exam invigilation	4 Days tuition plus Foundation & Practitioner Exam invigilation
2	Event Preparation Material	Management of Risk Official Guidance Event Preparation Handout Event Preparation Software CD including the Telecom BV Case Study, sample Foundation exam papers and Visa_MoR Foundation examination assistant	Management of Risk Official Guidance Event Preparation Handout Event Preparation Software CD including the Telecom BV Case Study, sample Foundation & Practitioner exam papers and Visa_MoR Foundation examination assistant
3	Exams	1) M_o_R Foundation Exam	1) M_o_R Foundation Exam 2) M_o_R Practitioner Exam
4	Event Handout	M_o_R Event Handout including Telecom BV Case study and sample Foundation exam papers.	M_o_R Event Handout including Telecom BV Case study and sample Foundation & Practitioner exam papers.
5	Accomodation	3 Nights Accommodation (Dinner, Bed & Breakfast plus day refreshments) London & Birmingham events are non-residential but do include lunch and refreshments.	4 Nights Accommodation (Dinner, Bed & Breakfast plus day refreshments) London & Birmingham events are non-residential but do include lunch and refreshments.
6	Other	Leatherette Conference Folder, Bag, Ruler, Pen, Highlighter	Leatherette Conference Folder, Bag, Ruler, Pen, Highlighter