Management of Risk (M_o_R®) Foundation eLearning - $640 (with exam)

https://www.goodelearning.com/courses/project-management/management-of-risk-mor-foundation

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Key Features:

  • Fully accredited:

  • Exam voucher included:

  • Free resit (T&Cs apply):

  • Course duration: 12+ hours

  • Access period: 6 months

  • Tutor support:

  • Quizzes & practice exams:

  • Mobile compatible:

Management of Risk (M_o_R®) Foundation
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  It took less than 5 minutes to purchase the course. I reviewed the modules and took the exam. I scored 65 out of 70 (93%)! I credit my success to Good e-Learning!  

About this course:

Pass the MoR Foundation exam with this fully accredited course from Good e-Learning!

Management of Risk (M_o_R) is a framework built around identifying, predicting, preparing for, and dealing with risks. You will study tools, practices, and insight for embedding effective risk management within your organization, creating long-term benefits that will empower and evolve your corporate strategy. Kickstart your MoR Foundation training today!

Who is this course aimed at?

  • Businesses seeking a more controlled and effective approach to identifying, assessing, and controlling risks at strategic, program, project, and operational levels

  • Business change managers, project managers, risk managers, program managers, and others who deal with risks and opportunities

  • Anyone seeking lucrative opportunities within risk management and other career paths

  • MoR team members and support staff who require an introduction to the risk management framework

  • Anyone seeking to pass the MoR Foundation examination on their first attempt

What will you learn by taking this course?

  • How to make informed decisions on risk management throughout a business

  • How to identify, assess, and control risks in any area of an organization

  • How risk management helps businesses prepare for success, improve service delivery, meet key objectives, and deliver real value for money

  • How to facilitate risk management from different perspectives

  • Everything needed to successfully pass the official Management of Risk (M_o_R) Foundation exam

Why should you take this course?

  • Management of Risk (M_o_R) offers demonstrably effective practices and insight that can be applied throughout an organization.

  • Risk management is becoming an increasingly important aspect of business management and corporate governance, to the extent that the position of ‘risk manager’ has become a popular specialization.

  • Inadequate risk management can cause delays, wastage, damage to relationships, a lack of transparency, theft, and other catastrophic failures within a business.

  • This MoR Foundation e-learning course offers a comprehensive introduction to the framework, its tools and practices, and how it creates value.

  • MoR is compatible with other popular frameworks, such as PRINCE2, MSP, and AgilePgM. Its best practices and insight are also relevant across multiple departments and levels of seniority.

  • We offer each student 6 months access and a FREE exam voucher, as well as a FREE resit with Exam Pledge (T&Cs apply)

  • This course is fully accredited by PeopleCert on behalf of AXELOS

Welcome to MoR Foundation

Learning Objectives

This introductory module looks at the main features of the course, including its learning plan, aims, objectives, and structure.

Students receive a syllabus, diagram pack, glossary, and further reading and links document with URLs for downloading copies of essential MoR publications.

The module also addresses many of the most frequently asked questions surrounding MoR.

Module 1: Introduction to MoR

Learning Objectives

This module provides an overview of the MoR framework as well as the actions involved in its implementation.

The module goes on to address the benefits of risk management before describing the four MoR perspectives and risk specialisms and how they are used.

Module 2: The MoR Perspectives

Learning Objectives

This module describes the four MoR Perspectives and the roles and responsibilities related to them. It then examines Enterprise Risk Management (ERM) and the Central Risk Function.

Module 3: The MoR Principles

Learning Objectives

This module examines the eight MoR Principles, along with their purposes and outcomes. It also describes the techniques and tools used to identify contexts and engage with stakeholders.

Module 4: The MoR Approach

Learning Objectives

This module describes how to develop an approach to risk management. It also outlines what documents are required to do so.

Module 5: Memory Game

Learning Objectives

This module features a memory game that reviews the key terms related to MoR’s Principles, Perspectives, and Approach.

Module 6: The MoR Process Part 1

Learning Objectives

This module starts with an explanation of the four process steps of MoR. It explores the ‘Identify’ step and describes several related tools and techniques.

Module 7: The MoR Process Part 2

Learning Objectives

This module looks at the Assess, Plan, and Implement steps, as well as several tools and techniques associated with them. It also describes options for risk response and contingency planning.

Module 8: Embedding and reviewing MoR

Learning Objectives

This module explores how to embed and review the MoR framework using a risk management health check and maturity model. It then explains how to measure value and overcome barriers in risk management.

Module 9: Memory Game

Learning Objectives

This module features a memory game on the MoR process, as well as how to embed and review MoR.

Module 10: MoR Foundation Wrap Up

Learning Objectives

This module provides a summary of all the key points covered in the course.

Practice Exam Simulators

Learning Objectives

This module features a short video game explaining how to approach the MoR Foundation certification exam. It also provides two practice exam papers from AXELOS.

This course is designed to fully prepare students to sit and pass the Management of Risk (M_o_R) Foundation certification exam. There are no prerequisites for taking the exam.

This course comes with mock exams to help students prepare for the real thing, as well as a FREE exam voucher. It is also eligible for a FREE resit with Exam Pledge (T&Cs apply)

Before booking your exam, it will be a good idea to make sure that your device meets the technical requirements. You can do so via this online test. This test will examine the suitability of your webcam, microphone and internet connection. Please visit the PeopleCert website for more information and guidance.

When you are ready to use your free exam voucher, simply contact support@goodelearning.com. Exam voucher requests are typically processed within 2 working days but please allow up to 5. Students must request their exam voucher within the course access period which starts from the date of purchase. For more information, please visit our Support & FAQs page.

Management of Risk (M_o_R) Foundation exam:

  • This is a multiple choice exam consisting of 75 questions (5 questions are ‘trial questions’ which do not contribute to the overall score)

  • There is a time limit of 60 minutes to complete the exam

  • The exam is closed book, with only the provided materials being permitted for use

  • The pass mark for the exam is 50%: you must get 35 out of 70 questions correct

What is Management of Risk (M_o_R)?

MoR is an AXELOS risk management framework designed to help practitioners identify, assess, and respond to risk. It is comprehensive yet flexible, offering practices and tools that can be applied throughout a business to remove risks and even turn them into opportunities.

How does MoR work?

MoR utilizes several Principles and Perspectives, as well as a distinct approach, to embed risk management within an organization. It also defines several ‘steps’ for a successful risk management strategy.

How can MoR benefit businesses?

MoR offers a number of benefits to practitioners and their organizations including identifying and responding to threats, identiifying a variety of risks, including wastage and fraud, enhancing a business’s long-term risk management capabilities and embedding permanent risk management practices.

Who can use MoR?

MoR training is relevant to a variety of candidates, including Project managers, Change managers, Risk managers, Program managers, Support staff, Operational staff and Senior stakeholders

How valuable is MoR training?

According to PayScale, risk managers in the UK can earn between £33,000 and £81,000 on average. In the USA, they can earn between $57,000 and $131,000.

That said, it is worth pointing out that MoR risk management practices are also valuable for other career paths, such as program management, IT service management, and change management.

Why is MoR so popular?

Risk management has become a far more popular discipline in recent years. Businesses are finding that they need to evolve more rapidly in this new and highly competitive digital age, which can lead to regular or even continuous business transformation initiatives.

At the same time, risk management has also evolved as a discipline. It is becoming a popular specialist career path and is now closely connected with organizational strategy and alignment. In other words, there are far more opportunities available for those with noteworthy risk management experience and skills. This has made MoR training increasingly popular.

What is AXELOS?

AXELOS is a joint venture company that manages several of the world’s most popular corporate frameworks. These include MoR, PRINCE2, AgileSHIFT, and MSP.

What do I need to know about the MoR exam?

The MoR Foundation exam is 60 minutes (one hour) long and consists of 75 questions. Five of these are trial questions, meaning that the total number of marks is 70. Candidates must score at least 35 marks (50%) in order to pass. The exam is closed book. Passing the MoR Foundation exam is a prerequisite to sitting the Practitioner exam.

What other frameworks can complement MoR?

Management of Risk (MoR) is compatible with several other frameworks since its best practices can be applied widely throughout a business. Suitable frameworks include AgileSHIFT, ITIL4, PRINCE2, and PRINCE2 Agile.

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 MOBILE COMPATIBLE

Key Features:

  • Fully accredited:

  • Exam voucher included:

  • Free resit (T&Cs apply):

  • Course duration: 12+ hours

  • Access period: 6 months

  • Tutor support:

  • Quizzes & practice exams:

  • Mobile compatible:

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Nicola Kendall - Course Advisor

Leading Project & Risk Management Expert, Training Consultant & Course Designer

Nicola is a highly experienced training consultant specializing in PRINCE2, AgilePM, MSP, M_o_R and Change Management. She has worked across all industry sectors for a number of years providing training, coaching and consultancy services.

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