Management of Risk (M_o_R) Foundation

Describe the key characteristics of risk and the benefits of risk management

List the eight M_o_R Principles

List and describe the use of the key M_o_R Approach documents

Create Probability and Impact scales

Define and distinguish between risks and issues

Create a Risk Register

Create a Stakeholder map

Identify the key roles in risk management

Use the key techniques and describe specialisms in risk management

Undertake the M_o_R Foundation examination

Introduction to the M_o_R course

What is a risk?

What is risk management?

Why is risk management so important?

Basic risk definitions

The development of knowledge about risk management

Corporate governance and internal control

Where and when should risk management be applied?

The purpose of 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

Risk management maturity models

Relationship between the documents

Risk management policy

Risk management process guide

Risk management strategy

Risk register

Issue register

Risk response plan

Risk improvement plan

Risk communications plan

Common process barriers

Identify contexts

Identify the risks

Assess estimate

Assess evaluate

Plan

Implement

Communication throughout the process

Strategic perspective

Program perspective

Project perspective

Operational perspective

Business continuity management

Incident and crisis management

Health and Safety management

Financial risk management

Environmental risk management

Reputational risk management

Contract risk management