Management of Risk
UKAS/OGC/APMG Accredited Training Company Event

Overview
Management of Risk (M_o_R) provides new guidance of risk which can be used across an organisation.  Within project and programme environments there will always be risks which need to be identified, analysed and managed.  Other areas of an organisation will also be exposed to risks as operational functions are carried out.  M_o_R provides guidance on how best to deal with this. Designed For
Any organisation or individual seeing the need for guidance on a controlled approach to identifying, analysing and managing risk.

The course is suitable for Project & Programme Managers, Risk Managers, Project Support and Assurance Staff, Business Managers, Business Continuity Planners & Security Teams, Strategic Planners, Auditors, with responsibility for ensuring effective Corporate Governance, Process owners, Managers from other disciplines, particularly those responsible for establishing standards and integration with MSP and PRINCE2 will also benefit.

Objectives
The key objectives of this course are:
  • Provide Delegates with an understanding of the benefits and principles underlying a structured approach to the assessment and management of risks.
  • Apply the principles of M_o_R within a work environment.
  • Communicate effectively with colleagues and managers within a structured risk environment.
  • Enable delegates to understand the M_o_R method at the Foundation and, where chosen, the Practitioner levels.
Approach
The course will be a mixture of input and practical sessions, delivered by an APM Group approved trainer/consultant with practical experience of managing risk and projects. 

The practical work on the course contains Examination-type questions enabling those who are a bit rusty at examination technique to get a feel for the type of questions that will be asked.

All the exercises come with illustrative answers. The Individual Exercises are designed to familiarise you with the Manual and to help you understand the importance of risk management and how to implement the standards into your organisation.

This event is designed to prepare Delegates to manage risks in a controlled and structured way by examining the M_o_R Guide. Examinations (controlled and marked by the APM Group), are available during the event for delegates who wish to achieve Foundation and/or Practitioner level formal certification.

Event Content

  • Overview Of Corporate Governance And Risk
    Introducing basic concepts and terms, the history, regulatory and legislative background of corporate governance and management of risk.
  • Management Of Risk Process Lifecycle
    Examining how risks and issues are initiated and how they can be managed from start to finish. Where the M_o_R framework can be applied.
  • Making It Work and Getting It Right
    Looking at tips, tricks and traps in corporate governance and management of risk.
  • Frameworks, Tools and Techniques
    An overview of the different ways that a framework can be implemented as well as providing a good foundation for understanding the tools, process and techniques that are used in risk management.
  • Budgets, Finance - Management Of Risk
    Examining the financial aspects of management of risk, how it should be budgeted, how it fits with financial risk and cost benefit analysis.
  • Communicating And Training; Risk Awareness
    How a corporate governance communication strategy could be set up, modified or run; how to get buy-in and ownership of risk; what it means to be a risk owner; how to develop staff awareness.
  • Measurement, Control and Reporting
    The best way to use risk assessment and management tools, as well as how to monitor progress; ways to use the tools to encourage innovation; facilitate auditing; risk reporting.

Support Function for the Management Of Risk Within A Programme and/or Project
An overview of the extent and level at which corporate governance and management of risk should be applied throughout a programme, project or project office process.  Also management of risk for resourcing, tendering and the procurement process; service level agreements and value chains.

Event Details and Costs
This OGC/APMG Accredited course is run over 5 days as an open event or at customers’ own sites in the UK and Overseas. The price to attend our five day open M_o_R Practitioner event in Bournemouth, London or the Midlands is £1725+VAT. Included in the price for the open event is the official Stationery Office Management of Risk reference manual, “The Turnbull McCartney Report”, all teaching and examination fees, a spiral-bound handout containing the event practical work with copies of all the visuals used during the event, and SPOCE´s exclusive pre-event preparation reading and software. Bournemouth events include accommodation from Monday morning until Friday lunch at no additional charge. Accommodation on Sunday evening prior to the event can be arranged at the hotel charge of £75+VAT (dinner, bed & breakfast)

It will usually be in the customer´s interests to opt for an on-site event where there are over 6 attendees needing training. SPOCE will be pleased to provide a fixed price quotation, including all expenses and fees, for delivery of on-site events.


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