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M_o_R® Foundation & Practitioner

Delievered over 2 weekends and blended delivery model.

Become M_o_R® Registered Practitioner on AXELOS Successful Candidate Register

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CONTACT US - 9742900630, 9538166633 or 9538388877

M_o_R Foundation

M_o_R Practitioner

Contact us for schedule.

 

Price:- Contact - bdm@iimtcs.in 

(Includes Foundation & Practitioner training, exam and relevant taxes)

Venue:- On Demand - All Over the World.

 

Training Delivery type:-

Full fledged class room, Online Instructor-led.

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The M_o_R risk management process complements the ones described in the ISO 31000 which comprises of five key activities.

  • Communication and consultation
  • Establishing context
  • Risk assessment
  • Risk treatment and
  • Monitoring and review

ISO 31000 also describes eleven explicit principles to guide risk management practice(s) in the organizations.

  1. Risk management creates and protects value
  2. Risk management is an integral part of organizational processes
  3. Risk management is part of decision making
  4. Risk management explicitly addresses uncertainty
  5. Risk management is systematic, structured and timely
  6. Risk management is based on the best available information
  7. Risk management is tailored
  8. Risk management takes human and cultural factors into account
  9. Risk management is transparent and inclusive
  10. Risk management is dynamic, iterative and responsive to change
  11. Risk management facilitates continual improvement and enhancement of the Organization

The five attributes of enhanced risk management listed in ISO 31000 are:

  1. Continual improvement
  2. Full accountability for risks
  3. Application of risk management in all decision making
  4. Continual communications
  5. Full integration in the organization’s governance structure

M_o_R® brings all these together along with its unique Approach, Techniques, Health Check, Maturity Model, Specialism and Perspectives to apply the framework and therefore adherence to the best practices defined in the 31000 standard. Owned by AXELOS, M_o_R® is designed to integrate well with other relevant standards and popular methodologies such as PRINCE2®, PMBoK®, MSP®, MoP®, PgMP®, PfMP®, ITIL®, P3O®, MoV®, COBIT® etc.

Course deliverables and M_o_R implementation tools -

  • Official accredited student e-course material - Foundation & Practitioner
  • Foundation e-training manual (prepared by IMTCS)
  • Practitioner e-training manual (prepared by IMTCS)
  • Foundation material Hard Copy
  • Practitioner material Hard Copy
  • Process mapping summary (prepared by IMTCS)
  • M_o_R management products summary (prepared by IMTCS)
  • Principles summary (prepared by IMTCS)
  • Risk Approach summary (prepared by IMTCS)
  • R&R summary (prepared by IMTCS)
  • Quick Brush - Foundation and Practitioner (prepared by IMTCS)
  • Mind maps - (.mm files) (prepared by IMTCS)
  • Summary Audio and Video files (prepared by IMTCS)
  • Introduction to the fundamentals of Risk Management (prepared by IMTCS - we call it the Alphabets of Risk Management - based on ISO 31000) before embarking on M_o_R specific training
  • Complete Syllabus delivery 'Click here' for the full official syllabus
  • Comprehensive introduction to the complete AXELOS BMP portfolio of which M_o_R is an integral part of
  • Introduction to the maturity models - Project, Programme and Portfolio delivery perspectives.
  • Brief Introduction to P3M3 and P3O
  • M_o_R Templates (prepared by IMTCS)
  • 2 official sample Foundation papers
  • 2 official sample Practitioner papers
  • e-Participation Certificate (1 for Foundation and 1 for Practitioner)
  • Sample M_o_R case study walk through
  • M_o_R official Foundation Exam
  • M_o_R official Practitioner Exam
  • Brief Introduction on differences between & also how M_o_R and RMBoK (RMP) can be used together
  • Assignments shall be given between Foundation and Practitioner trainings so as to be better prepared for the tougher Practitioner training and exam

Please note - The Official M_o_R Guide (AXELOS Limited) will be used for the purpose of Foundation and Practitioner training. However please note that this book is for the practitioner exam only. It is not one of the deliverables to the delegates. If the delegates are interested in buying the official manual, IMTCS can help them with procuring the same at best possible price. 

More about M_o_R - Click here

Risk Management - Org Structure - M_o_R perspective

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M_o_R Qualification Levels

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Purpose of the Foundation Qualification

 

The purpose of the Foundation qualification is to confirm that a candidate has sufficient knowledge and understanding to contribute to the identification, assessment and control of risks across any organizational perspective. Their understanding will include the four elements of the M_o_R framework and how these support corporate governance. The Foundation qualification is also a pre-requisite for the Practitioner qualification.

 

Target Audience

 

M_o_R Foundation is suitable for any organization or individual seeing the need for guidance on a controlled approach to identification, assessment and control risk at strategic, programme, project and operational perspectives. The Foundation qualification is aimed at:

  • Business Change Managers
  • Programme and Project Managers
  • Risk Managers
  • Business and Programme and Project Support staff and managers
  • Operational staff and managers
  • Staff and Managers from other disciplines, particularly those responsible for establishing standards and/or integrating them with MoP portfolio management, MSP programme management and PRINCE2 project management.

Examination Format

  • Multiple choice examination questions
  • 75 questions per paper
  • Five questions are ‘trial questions’ and not counted in scores
  • 35 marks required to pass (out of 70 available) - 50%
  • 60 minutes’ duration
  • Closed book.

Purpose of the Practitioner Qualification


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. A successful Practitioner candidate should, with suitable direction, be able to start applying an M_o_R approach to any organizational perspective but may not be sufficiently skilled to do this appropriately for all situations. Their individual risk management expertise, complexity of the organizational context and the support provided for the use of M_o_R in their work environment will all be factors that impact what the Practitioner can achieve.

 


Target Audience

 

This qualification is aimed at anyone working within a corporate governance environment that has responsibilities for identifying, assessing, planning, or managing risks, or reporting on risk management activities across the organization.

 

Examination Format

  • Objective testing
  • Four questions per paper, 20 marks available per question
  • 40 marks required to pass (out of 80 available) - 50%
  • Three hours’ duration
  • Candidates may make use of the Management of Risk: Guidance for Practitioners (the Management of Risk 'guide'), published by TSO, together with the ABC Guide Part A Example Techniques guidance document. No material other than the Question Booklet, the Scenario Booklet, the Answer Booklet and the two guides is to be used.

Re-registration Exam (Every 5 years)

 

If you are an M_o_R Practitioner, you are required to sit an additional re-registration examination within three to five years of your original qualification in order to retain the accreditation. Taking the re-registration examination also enables you to demonstrate their commitment to Continuing Professional Development and that your knowledge of M_o_R remains current. If you have only passed the Foundation examination, you are not required to re-register.

Examination Format

  • Objective-testing format
  • 90 minutes duration
  • Open book - candidates may make use of the Management of Risk: Guidance for Practitioners (the Management of Risk guide) published by TSO, together with the AXELOS guidance document ABC Consulting Ltd. Sample Risk Documents and Worked Examples of some of the Common Techniques. No other material other than the Question Booklet, the Scenario Booklet and the Answer Booklet can be used
  • Contains 2 questions (each worth 20 marks)
  • A total score of 20 out of 40 (50%) is required to pass