Management of Risk (M_o_R®4)

Price: £1,325.00 excl. VAT

What is the PRINCE2® Risk Management qualification?

PRINCE2® Risk Management (also known as Management of Risk or M_o_R®) is designed to help organisations 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.

Management of Risk (M_o_R®4) overview

M_o_R® 4 is the latest edition of PRINCE2® Risk Management – a must-have certification for roles where managing risk is inherent, including portfolio, programme, project, business change and risk management professionals.

It provides practical guidance for managing risk, showing how risk links to opportunity and the realisation of benefits. PRINCE2® Risk Management (M_o_R® 4) is universally applicable and aligned to ISO standards.

M_o_R® 4 enables certified professionals to deliver value to their employers and organisations 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 organisations, irrespective of their operating model.

Who is the PRINCE2® Risk Management (M_o_R® 4) qualification for?

This course is aimed at Project / Programme Managers, PMO Managers, Head of PMO, PMO support, Senior Risk Managers, IT Risk Managers, Risk Managers, Risk Analysts, Assistant Risk Managers. Management Consultant, Service Designer, Product Owner/ Manager, Delivery Manager, HR Professionals and Operations Managers.

It has a specific relevance for individuals working in product-focused environments/roles, offering a compelling integrated solution for the unique challenges faced by modern, digital-first organisations. 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.

Download the PRINCE2® Risk Management (M_o_R® 4) syllabus for learning outcomes and the assessment criteria for this course.

Accreditation / Qualification(s) offered

Successfully passing the exam will result in you being awarded the M_o_R® 4 Practitioner qualification.

PeopleCert online exam

Exam vouchers are valid for 12 months, so you can take them at a time and day that is convenient to you, but we do recommend taking the exam during the week of your course if possible, as pass rates are typically higher.

Awarding organisation

PeopleCert certifications are globally recognised and highly sought after by potential employers.

Practitioner exam:

Objective-testing format
2 hours 15 minutes duration
Questions are multiple choice
A total score of 33 out of 65 (50% or higher) is required to pass.

This is an ‘open book’ examination. The Management of Risk: Creating and Protecting Value (M_o_R® 4) publication is permitted. No materials other than this publication and the examination materials may be used in the examination. The official manual may be annotated and tabulated, but no sticky notes and loose-leaf papers containing additional notes will be allowed

Course resit policy

We have a ‘FREE course resit policy’ for anyone who unfortunately does not pass their exam. All we require is that you pay for your exam resit. You can then attend the next PRINCE2® Risk Management (M_o_R® 4) Practitioner course for FREE! Please contact your course organiser to discuss.

What this course includes

This price includes course registration, the official PRINCE2 Risk Management (M_o_R® 4) e-book, course materials, exam fee, and, on successfully passing your exam, an official M_o_R® 4 Practitioner certificate from the examining body, PeopleCert. A hard copy manual is available at an additional cost, please ask your course organiser for more information.

Delivery method:

Virtual ClassroomInstructor-led course
Register your interest
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.
£1,325.00 excl. VAT

Small classes
Free course resit
Exam included
PeopleCert certification
3 year certification

0% interest for 4 months with PayPal Credit. Find out more

MKC Training is an ELCAS Approved Training Provider which means we are able to support any HM Forces personnel looking to access financial support for this course under the ELCAS scheme, providing they meet the criteria. More information and apply (ELC no. 11577)

All prices are per person and exclude VAT.

The PRINCE2 Risk Management (M_o_R® 4) 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.

Risk is defined, in M_o_R® 4, as: an uncertain event or set of events that, should it occur, will have an effect on the achievement of objectives.

All decisions within organisations, 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 delivers modern, engaging content that offers clear and practical, best practice guidance that is relevant across regions and sectors, allowing you to make informed, effective decisions about the use of resources and initiate change.

PRINCE2 Risk Management (M_o_R® 4) offers a single exam at Practitioner level. The Practitioner certification allows you to demonstrate you have an understanding of how to apply and tailor PRINCE2 Risk Management in a practical context. On successful completion of the exam, learners should be able to start applying the PRINCE2 Risk Management approach to any perspective within their organisation.

There are no prerequisites to join this course as you will learn Foundation elements along with the Practitioner elements of PRINCE2 Risk Management.

The key outcomes from attending this PRINCE2 Risk Management (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 PRINCE2® Risk Management (M_o_R®4) - Project Management Certification

Click here to register your interest in PRINCE2® Risk Management (M_o_R®4) Practitioner.

All prices are per person and exclude VAT.
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