Management Of Risk (MoR®) Foundation V3 Course in St Louis

Management of Risk (MoR®) Foundation V3 Course Outline

Module 1: Risk Introduction

• M_o_R® Framework (Core Concepts)
• What is Risk?
• Risk Outcomes
• Risk Description
• Risk Example
• M_o_R® Definitions
• Issue Example
• What is Risk Management?
• Why is Risk Management important?
• Effective M_o_R®
• Common barriers to M_o_R®
• How has Risk Management developed?
• What is Internal Control?
• Corporate Governance
• Where and when should risk management be applied

Module 2: Risk Principles

• What are Risk Principles?
• What do the Principles support?
• 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

Module 3: Perspectives

• Risk Perspectives
• Perspectives – Introduction
• Perspective Inter-Relationships
• Perspectives – E.R.M
• Integrating across perspectives
• Perspective
• Aligns with Objectives
• Fits the Context
• Engages Stakeholders
• Provides Clear Guidance
• Informs Decision Making
• Facilitates Continual Improvement
• Achieving Measurable Value
• Summary
• Roles and Responsibilities

Module 4: Risk Approach

• Relationship between documents
• Risk Management Policy
• Risk Management Process Guide
• Risk Management Strategy
• Risk Register
• Issue Register
• Risk Improvement Plan
• Risk Response Plan
• Risk Progress Report
• Relationship between documents
• Summary

Module 5: Management of Risk Process

• Common Process Barriers
• Communicate
• Communication throughout the process
• Communication
• Identify
• M_o_R® Process
• Identify the Context Goal
• Context – Inputs
• Context Techniques
• Context Outputs
• Stakeholder Analysis
• Stakeholder Map
• Risk Communications Plan
• Risk Communications Matrix
• P.E.S.T.L.E
• Horizon Scanning
• Probability Impact Grid
• Identify
• Identify the Risks Goal
• Identify the Risks – Inputs
• Identify the Risks – Tasks
• Identify the Risks – Techniques
• Identify the Risks – Outputs
• Checklists & Prompt lists
• Sample Risk Prompt List
• Group techniques
• Risk Description
• Assess
• M o R® Process
• Assess – Estimate Goal
• Assess – Estimate Inputs
• Assess – Estimate Tasks
• Assess – Estimate Outputs
• Assess – Estimate Techniques
• Assess: Estimate
• Uncertainty As Probability
• Probability
• Expected Value
• Proximity
• Assess – Evaluate
• M o R® Process
• Assess – Evaluate Goal
• Assess - Evaluate Inputs
• Assess – Evaluate Tasks
• Assess – Evaluate Outputs
• Assess – Evaluate Techniques
• Summary Risk Profile
• Monitoring Risks
• Risk Map
• Summary Expected Value
• Probability Trees
• Sensitivity Analysis
• Plan
• Plan – Goals
• Plan – Inputs
• Plan – Tasks
• Plan – Outputs
• Types of risk
• Plan – Techniques
• Generic Risk Response Options
• Decision Making
• Ownership
• Implement
• Implement Goal
• Implement – Inputs
• Implement – Tasks
• Implement – Techniques
• Risk Exposure trends
• Implement – Outputs

Module 6: Embed and Review

• Embedding and Reviewing M_o_R
• What is Embedding
• Embedding the Principles
• Changing the Culture for risk management
• Measuring the Value
• Overcoming common barriers to success
• Regular communication
• The importance of management commitment
• Useful methods for developing senior management commitment and support
• Building And Developing Awareness
• Opportunities For Change
• Reviewing The Processes
• Purpose of Health checks
• Health checks Triggers
• M o R® Health checks
• Health check Framework
• Maturity
• Inputs to a Maturity Model
• Maturity Model
• Maturity Levels

Module 7: Risk Specialisms

• Business Continuity Management
• BCM in a Risk Context
• Understanding the Organisation
• Incident and Crisis Management
• Incident Management Plan
• Incident Management
• Crisis Management
• Health And Safety
• Security
• Physical Security
• Personnel Security
• Information Security
• Financial Risk Management
• Environmental risk management
• Reputation risk management
• Contract risk management

Who should attend this Management of Risk (MoR®) Foundation V3 Course Course?

The MoR® Foundation Certification is aimed at any individual who would like to increase their knowledge of Risk Management. This qualification may benefit Managers, as it will aid their ability to make informed decisions. This qualification would be especially useful for:

• Business Change Managers
• Risk Management Consultants
• Business Consultants
• Compliance Officers
• Risk Analysts
• Operations Managers
• Government Officials
• Quality Assurance Professionals
• Project Managers

Prerequisites of the Management of Risk (MoR®) Foundation V3 Training Course

There are no formal prerequisites for attending this Management of Risk (MoR®) Foundation V3 Training Course.

Management of Risk (MoR®) Foundation V3 Course Overview

Management of Risk Training, offered through MoR® Courses, provides a comprehensive overview of risk management principles. This Management of Risk Course by the Knowledge Academy equips delegates with essential skills for effective risk management. A Management of Risk Certification is crucial for risk analysis and mitigation, ensuring that organisations navigate challenges successfully.

In today's dynamic business environment, mastering the tips to effectively manage risk is essential for professionals across industries. Whether you're in Project Management, Finance, or Strategy, understanding risk is paramount. The MoR® Foundation Certification demonstrates your expertise and commitment to enhancing organisational resilience.

This 3-day Management of Risk Course by the Knowledge Academy is designed to empower delegates with practical knowledge and tools to identify, assess, and manage risks effectively. Our global best practice training course, MoR® Foundation, is accredited by PeopleCert. The course covers key MoR® principles, providing a solid foundation for participants to apply risk management practices in their respective roles.

Course Objectives

• To understand the fundamental concepts and principles of risk management
• To learn to identify and assess risks systematically using the MoR® framework
• To gain practical skills in implementing risk mitigation strategies
• To enhance communication and reporting on risk within an organisation
• To prepare for the Management of Risk Certification exam

Upon completion, participants will possess a thorough understanding of risk management principles, enabling them to contribute proactively to their organisation's resilience and success.

M_o_R® is a registered trademark of the PeopleCert group. Used under licence from PeopleCert. All rights reserved.

The Swirl logo™ is a registered trademark of the PeopleCert group. Used under licence from PeopleCert. All rights reserved.​

What's included in this MoR®Foundation V3 Course Training Course?

• Mor® Foundation Examination
• World-Class Training Sessions from Experienced Instructors
• Digital Delegate Pack