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.
Duration Learning Credits
2 days – 16 hours of 16 PDU’s
Session
Public Classroom Pricing:
Early Bird Price: AUD 1695.00
Regular Price: AUD 1795.00
Instructor-Led Virtual Live Pricing:
Early Bird Price: AUD 1295.00
Regular Price: AUD 1495.00
Private Group/ In-House Learning:
Have a group of 3 or more people?
Register yourself with a special pricing and
request the training exclusively
Introduction
● Introduction to the M_o_R Course
● What is a risk?
● What is 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
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)
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.
● 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