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Management of Risk (M_o_R®)

The Swirl logoTM is a trade mark of AXELOS Limited. PMI® are registered marks of the Project Management Institute, Inc.


Table of Content

3 What M_o_R OfferWhat M_o_R Offer

2 What is M_o_RWhat is M_o_R

4 M_o_R FrameworkM_o_R Framework

1 What is Risk ManagementWhat is Risk Management

5 Is a Qualification Important?Is a Qualification Important?

6 Benefits of PRINCE2Benefits of PRINCE2

7 What will I learn on the course?What will I learn on the course?

8 CertificationCertification

9 TestimonialsTestimonials

10 Why Choose HARRYBAKER ProfessionalsWhy Choose HARRYBAKER Professionals

11 Our Lead Trainer ‘s ProfileOur Lead Trainer ‘s Profile


What is a risk management?

A risk is an uncertain event or set of events that, should it occur, will have an effect on the achievement of objectives

Risk management is the systematic application of principles, approaches and processes to the tasks of identifying and assessing risks and then

planning and implementing risk responses


What is M_o_R®?

"The term 'management of risk' incorporates all the activities required to identify and control the exposure to risk which may have an impact on the achievement of an organization's business objectives.“- From Management of Risk: Guidance for Practitioners

M_o_R® is a route map for risk management, bringing together principles, an approach, a set of interrelated processes, and pointers to more detailed sources of advice on risk management techniques and specialisms.

M_o_R considers risk from different perspectives within an organization: strategic, programme, project and operational. While it links to other cabinet Office Best Practice, it respects the roles, responsibilities and terminologies used outside the disciplines of programme and project management.


What does M_o_R offer?

M_o_R® Principles -derived from corporate governance principles in the recognition that risk management is a

subset of any organisation's internal controls.

M_o_R® Approach needs to be agreed and defined using:

Risk Management Policy- Process Guide and Plans

- Risk Registers and Issue Logs

Six M_o_R® processes that describe the inputs, outputs

and activities involved in ensuring that risk are

identified, assessed and controlled


M_o_R® Framework

Copyright © AXELOS Limited 2011. All rights reserved. Material is reproduced under licensed from AXELOS


Is a qualification Important?

M_o_R® is recognised as international best practice in risk management, and

supports the risk management approach defined in ISO31000

M_o_R® is evidence of an ability to think analytically and critically about

complex information

A M_o_R® qualification is evidence of your continued professional

development and your commitment to excellence

M_o_R® is a unique professional management qualification, certifying

that you have knowledge and understanding of how to develop a risk management framework, the

processes that underpin the framework and the documentation

that will support its use


Benefits of M_o_RO

rgan

isati

on

• Increase competitive advantage and become more risk aware by managing potential problems and opportunities.

• Improve performance through waste and fraud reduction and more efficient use of resources.

• Better manage contingent and maintenance activities and increase the likelihood of achieving change initiatives.

• Bring together principles, an approach and a process with a set of interrelated steps and pointers to more detailed sources of advice on risk management techniques and specialisms in order to develop a route map for risk management.

• Identify, assess and control risks to effectively manage them.

Seni

or M

anag

er

• Better management of unplanned threats and opportunities

• Improved service delivery• Greater competitive

advantage• Less time spent fire fighting

and fewer unwelcome surprises

• Increased likelihood of change initiatives being achieved

• Closer internal focus on doing the right things properly

• More efficient use of resources

• Reduced waste and fraud, and better value for money

• Improved innovation• Better management of

contingent and maintenance activities

Indi

vidu

al • Gain the confidence and ability to

influence and shape risk management across an organization.

• Encourage openness and discuss real business issues in a realistic manner to meet business objectives, improve service delivery and achieve value for money.

• Put an effective framework in place to make informed decisions about the risks that affect strategic, programme, project and operational objectives.

• Understand the nature and extent of risks facing a company and reduce the incidence and impact on the business.

• Continuously apply risk management to an organization and simplify the process of making information available when decisions need to be made.


What will I learn on the course?

Understand the structure, terminology and documents associated with risk

management

Understand how risk management can be applied at different levels

throughout the organisation including at the strategic and operational levels

and for projects and programmes

Appreciate how risk management is applicable to all business activity and is not a specialist area. All staff have a role to play in identifying, analysing

and controlling risk and this course will enable you to define how these tasks

can be included in job roles

Understand techniques for analysing and controlling risk

including:• Probability trees and impact grids

and checklists• Response categories

• RACI diagrams

Understand how to apply processes for treating risk information to ensure that all risks, wherever they arise, are treated ‘like for like’, enabling clearer

understanding of their impact


M_o_R Foundation Certification

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Foundation Level

· 75 Questions – Objective testing· Multiple choice format · 50% to pass · 1 hour· Closed Book

Foundation Level ILT (Instructor Lead Training)• 3 day classroom course• Monday – Wednesday. Exam Wednesday afternoon• Run regularly in Lagos and Abuja

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M_o_R Practitioner CertificationPractitioner level

· 4 questions per paper with 20 marks available per question – all question

items will be worth 1 mark, making the total number of marks available per

paper 80

· 3 hours allowed

· Open-book examination (only the M_o_R Manual is allowed)

· Re-registration required every 3 - 5 years

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Practitioner Level Instructor – Led Training• 2 day workshop• Thursday – Friday. Exam Friday afternoon• Run regularly in Lagos & Abuja

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Testimonial

Segun Adelola

“The course has helped me understand the challenges of introducing risk management

and has given me some ideas of how we can address these

challenges.”

Matthew

“The risk management health check gives us a great set of

questions to help find out how our organisation currently

addresses risk management.”

Ayoor

“Has encouraged me to think about risks from different

perspectives”

Temitope Adeleye

“The Risk Management Strategy is a really useful idea, as it makes how we evaluate different risks clear to everyone.”

Femi

“I thought risk management was the risk log but I have learnt so

much about how to think through problems and techniques for

analysing information. This is going to change how I manage my work

now.”

Charles

“For me, looking at different perspectives really helped me

understand that our reporting needs more commentary to explain the risks. A strategic risk and an operational risk

are different and at the moment I think we imply all risks are equal.”


Why choose HARRYBAKER Professionals?

Professionally trained trainers, who are part of

our HARRYBAKER Excellence Train the Trainer programme

Trainers who are experienced project

managers and who can advise you on how to apply M_o_R® to your

work situation,.

Excellent M_o_R® examination pass rates

consistently in both M_o_R® Foundation

and Practitioner qualifications

Regularly updated course materials and

sample papers to ensure our courses are as enjoyable, relevant

to the real world and up to date as possible

Accredited Training Organisation, assessed

by the APM Group every year to check for

quality processes, course materials and

trainers.


When you Train with HARRYBAKER

Before the Course

During the Course

After the Course

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• Receive the M_o_R® original text book –“Management of Risk: Guidance for Practitioners”

• Access to https://www.harrybakerprofessionals.com which has lots of information to help you prepare for your course:

• On-line access to HARRYBAKER Professionals e-learning portal

• Pre-course work book with activities, questions and suggested pages to read and mark up in the official text book

• On-line access to a trainer for any questions that you have about M_o_R®

• Quizzes and sample examination papers to test your knowledge

• Course materials including models, games, puzzles, slides, activities and sample examination papers

• Experienced trainers who know how to manage risk and how to apply M_o_R® in the ‘real world’

• Activities to help you understand how to use M_o_R® and how to pass the examinations

• Use the HARRYBAKER Knowledge Centre to stay up to date


Background

• Accredited Trainer: - PRINCE2®, M_o_R, MSP, MoP, MoV, MoR, PPS, P3O, PMP & PMD Pro, ITIL, Facilitation, Better Business Case

• BSc and MBA from Cranfield

• Six Sigma Certified

Experience

• Murray International Group, UK

• BSkyB UK• Vodafone UK• Charteris UK• nPower• Chevron Texaco• Gateway Bank• UAC

Personal

• Married• 3 kids• Enjoy teaching

Meet Our Lead Trainer

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Plot 5, 2nd Floor Chief Yesufu Abiodun Street,Victoria Island Lagos.Email: [email protected]: 0802 839 1360Website: www. Harrybakerprofessionals.com

The Swirl logoTM is a trade mark of AXELOS Limited. PMI® are registered marks of the Project Management Institute, Inc.

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