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M_o_R ® Risk Management

Almost every decision taken within an organization has an upside and a downside and involves some degree of risk. Adequate Management of Risk means that organizations have the skills, management and organizational structures to manage possible problems and to take advantage of potential opportunities to perform better and to reduce the possibility of failure.

Aimed at everyone who has ever made an important decision, M_o_R® is a robust yet flexible risk management framework that allows organizations to assess risk accurately time and time again.

This internationally accredited event shows you how to manage risk successfully through a set of principles, practices and techniques. Beneficial for all levels of management including: corporate managers, programme and project managers, operational managers and all those who have an interest in or responsibility for the Management of Risk within their organization.

/ WHAT IS

Management of Risk provides guidance intended to help organizations put in place an effective framework for taking informed decisions about the risks that affect their performance objectives across all organizational activities whether these are:

  • Strategic
  • Programme or project related
  • Operational

The key features of M_o_R Management of Risk include:

  • A standard reference for risk management;
  • A framework of best practice principles and concepts drawn from latest experiences and proven practice in risk management;
  • The basis of the examination of individuals to obtain certification to show their level of knowledge and understanding of the content and application of M_o_R ;
  • Compatibility with ISO 31000;
  • Accumulatively these elements can be summed up by the statement that the “adoption of well managed risk taking is likely to lead to sustainable improvements in service delivery”.

/ APPROACH AND DURATION

The Management of Risk event is a mixture of lectures, individual and team exercises, and practical examples, delivered by Snap Tech’s internationally accredited and experienced consultants.

3 days: Training and Foundation Examination
2 days: Training and Practitioner Examination

FOUNDATION

The purpose of the Foundation qualification is to confirm that a candidate is able to demonstrate a knowledge and comprehension of the four elements of the M_o_R framework – Principles, Approach, Processes, Embedding and reviewing – and how they support corporate governance. The Foundation level is also a pre-requisite for the Practitioner qualification.

Exam Format (Closed Book)

  • Multiple choice
  • 75 questions per paper
  • 5 trial questions (not counted in scores)
  • 35 out of 70 marks required to pass
  • 60 minutes duration

PRACTITIONER

The purpose of the Practitioner qualification is to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor M_o_R in a scenario situation.

Exam Format (Open Book)

  • Objective testing
  • 4 questions per paper, worth 20 marks each
  • 40 marks (50%) required to pass
  • 3 hour duration

/ COST

FOUNDATION COSTS 

Manual:

R1 365,00

Facilitated Training including pre event
preparation materials and event packs:

R8 500,00

Foundation Exam Fee:

R2 500,00

PRACTITIONER COSTS

Facilitated Training including event packs:

R5 000,00

Practitioner Exam Fee:

R3 500,00

FOUNDATION & PRACTITIONER COSTS

Manual:

R1 365,00

Facilitated Training including pre event
preparation materials and event packs:

R13 500,00

Foundation Exam Fee:

R2 500,00

Practitioner Exam Fee:

R3 500,00

Rates exclude VAT.
PDU’s aligned to PMI’s Talent Triangle™
Please see Info Sheet for full breakdown.

We welcome the opportunity to discuss your unique requirements.

Training Events & Consulting Solutions are provided globally by expert Internationally Certified instructors and globally recognised Registered Consultants.

The far-reaching benefits of risk management include:

  • A better case for developing strategy
  • Greater confidence in decisions once taken
  • Improved service delivery
  • Greater competitive advantage
  • Less time spent fire-fighting
  • Improved prospects for change initiatives
  • Closer focus on doing the right thing properly
  • More efficient use of resources
  • Reduced waste and fraud, and better value for money
  • Better management of contingent and maintenance activities

/ CONTENT

  • Introduction to M_o_R
  • M_o_R Principles
  • M_o_R Framework
  • M_o_R Policy
  • Communications Planning
  • Risk Identification
  • Risk Evaluation
  • Risk Response
  • Risk Monitoring and Review
  • M_o_R Levels
  • Risk Tools

/ OUTCOMES

To achieve its objectives, risk must be an inherent part of any organisation’s governance framework. The successful implementation of an M_o_R based approach will allow a business to perceive problems before they have arisen, and to analyse the value of any proposed initiative, and through an understanding of the risks involved, encourage innovation and expansion.

(M_o_R) Management of Risk is targeted at programme and project managers, risk management practitioners from financial institutions, insurance companies, asset managers and corporations, business and programme managers and project support staff, as well as the small business owner, executive management teams, business change managers and operational heads from any organisation.

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The Lecturers

Our team of certified and highly experienced trainers and consultants work alongside international experts to offer you the highest quality of service. We are a dedicated group of individuals with a shared passion for delivering positive change.

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Custom Training

Different people learn new information in different ways. That’s why we provide a wide range of delivery options to help you get the training you need in the format that best suits your role, learning style and company’s objectives.

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