MoR Foundation

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Introduction
Course Details
Course Content
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A Quick Glance

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Accelerate your career in Risk Management by becoming MoR Certified with a licenced lead training provider
MoR Foundation will help delegates to manage risk effectively with greater control using a globally accepted Risk management framework
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This MoR® Foundation training course will impart complete knowledge of the Management of Risk(MoR) Methodology. In this course, we introduce delegates to the concepts of the values, methods, approach, and Implanting and Reviewing Mor which form the essential concepts of Management of Risk.

In this MoR Foundation training course, delegates will learn how MoR is used in the organisation from Planned, Project, Programme, and Operational perspectives. MoR is becoming progressively evident that to support and complement both of these approaches; organisations require a professional, well-structured approach to The Management of Risk (MoR®)

Who should take this course

Project Managers
Operational Managers
Corporate Managers
Programme Managers

Prerequisites

No prerequisites are mandatory to attend this course.

Building modern practices using MoR® health check and adulthood model
Identifying changes which are required to improve Risk Management
Recognising the importance of Risk Specialisms
Designing an approach to risk management to improve presentation
Detecting and assessing risks, then plan and implement risk replies
Enterprise approaching risk management to improve presentation
Detecting and assessing risks, then plan and implement risk responses
Defining different terminologies used in MoR®
Recognising the principles of the development of good risk management practices
Continuously applying risk management to an organisation and simplifying the process of making information available when decisions need to be made
Establishing current practices using MoR® health check and maturity model
Know different terminologies that are used within MoR®
Learn the principles for the development of good risk management practices
Know nature and extent of risks facing a company and reduce the incidence and impact on the business
Risks that affect strategic, project, programme and operational objectives
Effectively manage contingent, maintenance activities and increase the possibility of achieving change initiatives
Encourage openness and realistically discuss real business issues to meet objectives of business, improve service delivery and achieve good value for money
Implement framework for risk management in organisation which helps to make better decisions about the risks that affect programme, strategic, project and operational objectives
Understand nature, and it's extent risks that company is facing and reducing the incidence and its impact on the business.
Bringing 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 to develop a route map for risk management
Enhance competitive advantage and get more risk awareness by handling potential problems and opportunities
Identifying opportunities and ways to improving risk management
Know the importance of Risk Specialisms
Encouraging openness and truthfully discuss real business issues to meet business objectives, improve service delivery and achieve value for money
Gaining the confidence and ability to influence and shape risk management across an organisation
Improving performance through waste and fraud reduction and more efficient use of resources
Continuously apply risk management to an organisation and simplify the process of making information available when decisions need to be made
Understand the principles for the development of better good risk management system
Designing of an approach to risk management that will improve performance
Identifying and assessing risks, then plan and implement risk responses
Establish current practices using M_o_R health check and maturity model
Identify opportunities and ways to improve Risk Management
Understand the importance of Risk Specialisms

Certificate

Tutor Support

Exam Prepration Tips

Manual

Course Overview

MoR® Foundation training course will provide delegates with a comprehensive knowledge of the MoR Framework. It provides delegates with the MoR guidance to programmes, strategy, operations and projects in the workplace.

Awareness of how risk is handled essentially when making informed decisions about change initiatives that will improve your organisation's performance. Efficient management of risk is critical to organisational success at different levels. The MoR guidance covers a broad range of topics; including security, business continuity management, project or program risk management and operational facility management. These questions required to be placed into the context of an organisational framework for management of risk.

management of risk

Exam Information:

Duration: 3 Hours
Closed or Open Book Exam
Exam Type: Objective
Duration: 90 minutes
Pass Percentage: 45

Course Content

An Introduction to Risk Management

Project and Programme Management
Risk Management and Corporate Governance
MoR Principles
MoR Perspectives
Strategic Risk
Programme Risk
Project Risk
Operational Risk
MoR Techniques
MoR Approach
Roles and Responsibilities
MoR Process
Identify
Assess and Plan
Implement and Communicate
Embed and Review

MoR Principles

Aligns with objectives
Fits the context
Engages sponsors
Offers clear guidance
Updates decision making
Facilitates continual improvement
Creates a supportive culture
Achieves measurable value

MoR Approach

Risk Management Policy
Process Guide
Strategies
Risk Improvement Plan
Issue Register
Risk Reports
Risk Response Plan
Risk Register
Risk Communication Plan

MoR Perspectives

Strategic
Operational
Programme
Project

Embedding and Reviewing MoR

Embedding the principles
Overcoming typical process barriers
Identifying and establishing opportunities for change
Health check
Risk management adulthood model
Modify the culture for risk management
Measuring the value of risk management

MoR Foundation Enquiry

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Reach us at +44 1344 961530 or info@pentagonit.co.uk for more information.

About Chorley

Chorley is located in Lancashire, England. It is situated 11 miles north-west of Bolton and 8.1 miles north of Wigan. The wealth of this country is due to the cotton industry.

History:

In 1970, this city had factory chimneys but now they are destroyed. According to 2011 census, this area had a population of 34,667. It did not get its place in Domesday Book even as it is considered as twelve Berewicks in Leyland hundred. In mid-thirteenth century, it appeared in historical records around 1250.

St Laurence’s Church is the oldest building in Chorley. It has appeared in historical records after its creation. In the 12th century, the people believe that the church is named after Saint Laurence who was an Irish Saint. The bones of Saint Laurence were given to the church by Sir Rowland Standish. The industry revolution helps it to gain wealth like other Lancashire towns. This city had various cotton mills till the 20th century. During the period of the 1950s and 2000s, the mills were demolished. In 20th0s2009, the last mill named as Lawrence’s Mill which stops producing textiles. During Second World War, this town played a major role, and it was home to Royal Ordnance Factory.

Economy:

The mining was the first industry in Lancashire, and its evidence can be seen by on outskirts of town. The Anglezarke Quarry mining is located between Horwich and Chorley. Remnants of mining include old railway bridge from Duxbury Mine on Wigan Lane. Later on, the Mining industry was replaced by Cotton Mills. Truck manufacturing was initiated from the neighbouring town of Leyland. During the Second World War, factory on Pilling Lane created military vehicles and tanks. Through the 20th century, Chorley lost much of its manufacturing capacity. Also, it lost its complete disappearance of coal, textiles, armaments industries and motor vehicles.

Companies that are located in Borough are: