Management of Risk Overview

Course Code : MOR1

Description

This course is only available as a private event, i.e. for one customer. Any number of delegates may attend a private event, although numbers should be limited to a reasonable amount in order to allow the trainer to attend to the individual needs of each delegate.

The purpose of the course is to provide delegates with a high level understanding of why risks should be managed in a wide variety of business situations and how this may be accomplished. The course will cover such areas as the principles of risk, approach to risk, the risk processes and embedding and review. It is designed to be an ideal preparation for the longer courses leading to accreditation for M_o_R, Management of Risk.

Pre-Requisites and Pre-Course Preparation

None

Audience Profile

Strategic Perspective

Those with key responsibilities for risk management from this perspective will be the Management Board, The Accounting Officer (public sector) or CEO (private sector), the Executive Management Team and the Head(s) of the Audit and/or Risk Committees. The likely risk management stakeholders include the owners/shareholder, investors/ funders, key customers, political, legal or regulatory bodies, the wider community within which the organisation exists, strategic partners/supplier and the organisation’s employees.

Programme Perspective

Those with key responsibilities for risk management from this perspective will be the Sponsoring Group, Programme Board, Senior Responsible Owner (SRO), Programme Manager and Business Change Managers (BCMs). The likely risk management stakeholders include in the owners/shareholders who are sponsoring the programme, customers/consumers affected by the programme, internal and/or external audit, security, trade unions, political or regulatory bodies, the wider community affected by the programme and members of the programme management team and project management teams.

Project Perspective

Those with key responsibilities for risk management from this perspective will be the Project Board, Project Sponsor (or SRO or Executive), and Project Manager. The likely risk management stakeholders include the internal/external suppliers, customers/recipients of the project deliverables, political or regulatory bodies, project sponsors, team managers and members.

Operational Perspective

Those with key responsibilities for risk management from this perspective will be the Executive Management Team, Operational Directors / Heads of Operations, and Operational Managers.

Included in the Course

Courseware and handouts, where applicable

Management of Risk Pocketbook

Lunch, either buffet, sandwiches or cafe, depending on the venue

Course Content

This course will give an appreciation of the M_o_R method, explain the technical language used in the method and the rationale behind it. The course will be tailored to the needs of the delegates attending the course and the requirements of those arranging it.

DAY 1

Overview

The M_o_R Framework

M_o_R Principles

M_o_R Approach

M_o_R Processes

Embedding and Reviewing M_o_R

The benefits