Management Of Risk Foundation (M_o_R) 2 Days Training in Phoenix, AZ

Course Description:

This M_o_R Foundation Course lasts 2 days and prepares learners to demonstrate knowledge and comprehension of the four elements of the M_o_R framework: Principles, Approach, Processes, Embedding and Reviewing; and how these elements support corporate governance. The M_o_R Foundation Course is also a prerequisite for the M_o_R Practitioner qualification.

 Course Topics:

Introduction

●      Introduction to the M_o_R Course

●      What is a risk?

●      What is a risk management?

●      Why is risk management so important?

●      Basic risk definitions

●      The development of knowledge about risk management

●      Corporate governance & internal control

●      Where and when should risk management be applied?

M_o_R principles:

●      The purpose of M_o_R principles

●      Aligns with objectives

●      Fits the context

●      Engages stakeholders

●      Provides clear guidance

●      Informs decision-making

●      Facilitates continual improvement

●      Creates a supportive culture

●      Achieves measurable value

●      Risk management maturity models

M_o_R approach:

●      Relationship between the documents

●      Risk management policy

●      Risk management process guide

●      Risk management strategy

●      Risk register

●      Issue register

●      Risk response plan

●      Risk improvement plan

●      Risk communications plan

M_o_R process

●      Common process barriers

●      Identify – contexts

●      Identify – the risks

●      Assess – estimate

●      Assess – evaluate

●      Plan

●      Implement

●      Communication throughout the process

M_o_R perspectives

●      Strategic perspective

●      Program perspective

●      Project perspective

●      Operational perspective

Risk specialisms

●      Business continuity management

●      Incident and crisis management

●      Health and Safety management

●      Financial risk management

●      Environmental risk management

●      Reputational risk management

●      Contract risk management

M_o_R Foundation Exam

●      (1 hour + time for administrative procedures)

Learning Goals:

●      Describe the key characteristics of risk and the benefits of risk management

●      List the eight M_o_R Principles

●      List and describe the use of the key M_o_R Approach documents

●      Create Probability and Impact scales

●      Define and distinguish between risks and issues

●      Create a Risk Register

●      Create a Stakeholder map

●      Identify the key roles in risk management

●      Use the key techniques and describe specialisms in risk management

●      Undertake the M_o_R Foundation examination

 Course Agenda:

 Day 1

●      Introduction

●      M_o_R principles

●      M_o_R approach

●      M_o_R process

Day 2

●      M_o_R perspectives

●      Risk specialisms

●      M_o_R Foundation Exam

 Who can Attend?

 This M_o_R Foundation Course is ideal for professionals who need to learn and apply the concepts of risk management, and specifically, understand the principles and language of the M_o_R method. For example, Directors, all levels of Managers, Program and Project Managers, Program Office Staff, Business Change Managers, and Business Consultants.