Management of Risk (M_o_R®4)
The importance of managing risk in projects
Management of Risk (M_o_R®) is designed to help organizations establish an effective framework for risk management, enabling them to make informed decisions about the risks that affect their strategic, portfolio, programme, project, product, and operational objectives. It provides practical guidance for managing risk, showing how risk links to opportunity and the realization of benefits. M_o_R® 4 is universally applicable and aligned to ISO standards.
Risk is defined, in M_o_R, as: an uncertain event or set of events, that should it occur, will have an effect on the achievement of objectives. All decisions within organizations, at strategic, portfolio, programme, project, product, and operational levels, are made in the context of risk. When faced with alternative options of how to progress to achieve objectives, decision-makers need to find ways of considering what is known and what is yet uncertain and how it would have an impact on objectives should the uncertainty become a reality.
M_o_R® 4 is the latest edition of Management of Risk – a must-have certification for roles where managing risk is inherent, including portfolio, programme, project, business change and risk management professionals. It has a specific relevance for individuals working in product focussed environments / roles, offering a compelling integrated solution for the unique challenges faced by modern, digital-first organizations. It has been developed for candidates and practitioners who are interested in understanding how risk links to opportunity and the delivery of benefits, and in communicating or cascading this to stakeholders.
M_o_R® 4 enables certified professionals to deliver value to their employers and organizations in addition to enhancing their own career development. It includes valuable fictional case studies which illustrate how the guidance works in practice and can be tailored and applied across different sectors and organizations, irrespective of their operating model.
Accreditation / Qualification(s) offered
Successfully passing the exam will result in you being awarded the M_o_R 4 Practitioner qualification.
AXELOS’ certifications are globally recognised and highly sought after by potential employers.
What this course includes
With effect from 1st February 2022 PeopleCert are moving all examinations to their online system. This will mean that the official M_o_R e-book along with the exam voucher will now be emailed to you upon booking your exam. Hard copy manuals will be available as an optional offering at an additional cost.
This price includes course registration, the official M_o_R e-book, course materials, exam fee, and on successfully passing the exam, an official M_o_R Practitioner certificate from the examining body, PeopleCert.
Please note both the training and any exam are included in this price.
The M_o_R® Accredited Training Organization logo is a registered trademark of AXELOS Limited, used under permission of AXELOS Limited. The Swirl logo™ is a registered trademark of the AXELOS Limited, used under permission of AXELOS Limited. M_o_R® is a (registered) Trade Mark of AXELOS Limited. All rights reserved.See dates & book
- Virtual ClassroomInstructor-led course
- See dates
- This is a virtual course with a live instructor. It includes interaction and group-work to embed learning. We encourage use of cameras, and have regular breaks to maintain freshness and engagement.
£1,200.00 excl. VAT
- 3 Days
- Small Classes
- PeopleCert Certification
- 3 Year Certification
All prices are per person and exclude VAT.
The M_o_R4 guidance shows you how the principles, processes, and techniques can be embedded, reviewed, and applied to your work practices by considering the nature of the objectives at risk. It allows you to make informed, effective decisions about the use of resources and initiating change.
The Practitioner certification allows you to demonstrate you have an understanding of how to apply and tailor M_o_R4 in a practical context. You should be able to start applying an M_o_R4-based risk management approach to any organization challenge.
M_o_R® 4 is a single exam at practitioner level, which improves the exam experience for candidates. M_o_R® 4 delivers modern, engaging content that offers clear and practical, best practice guidance that is relevant across regions and sectors,
To attend this course you must hold the M_o_R 4 Foundation qualification.
The key outcomes from attending this M_o_R 4 Practitioner qualification are:
- Better management of unplanned threats and opportunities
- Used as a ‘how to’ guide for risk management
- Improve service delivery
- Reduce waste and fraud, and increase value for money
- Stronger contingency management.
Upcoming dates for Management of Risk (M_o_R®4)
All prices are per person and exclude VAT.
VAT will be calculated at checkout.
"Sue was an excellent trainer and a nice person to be trained by too. Clearly has a thorough and comprehensive knowledge of not only the course but the whole discipline."
"The use of whiteboards, real time example, breakout room and attempting the questions after every topic was really helpful. The enthusiastic tutor, made the course better."
"The ideas and techniques learned in the course has changed my vision towards project management. It taught me various methods which I can apply in my career. I managed to learn new aspects of management cycle which I was unaware of. The course was very useful to me."
"I thoroughly enjoyed the course and got a good deal of useful information from it. I have carried out projects throughout my career, and a few years ago took the APM Project Management Qualification (PMQ), but carried out projects using my own methods. PRINCE2 is great in that it sets out a methodology for carrying out project management, and is the most widely recognised in the UK. Adding agile was the icing on the cake."
"Dhaliwal Narinder our trainer was excellent, adding insights from her vast experience to enhance our learning. We have tried Agile and Project Management separately, now i have the opportunity to try both again in my Faculty. Receiving this course online whilst locked down was perfect."
"The course was interesting and interactive, though a lot of information needed to be crammed in and consumed. Having done an Agile course a few years ago, this course helped to reinforce what was previously learned and put a project management theme to it. The instructor was very knowledgeable and explained the theory very well. The other participants were engaging and helped make the course interesting through the sharing of question and answer sessions to the relationship of past experiences."
Experienced and well qualified training staff provide excellent support and are committed to improving trainees' experience.
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