From your living room, your kitchen or even your bedroom, our virtual Management of Risk Foundation & Practitioner courses teach you how to identify, continually monitor and proactively manage risk in your organisation — giving you the full classroom experience from the comfort of your own home.
Management of Risk (M_o_R)® is a generic framework for the management of risk across all parts of an organisation — strategic, programme, project and operational. It incorporates all the activities required to identify and control the exposure to any type of risk, positive or negative, which may have an impact on the achievement of your organisation’s business objectives.
The purpose of the Foundation qualification is to confirm that a you have the necessary knowledge and understanding to contribute to the identification, assessment and control of risks across any organisational perspective. While the Practitioner qualification will ensure you have achieved sufficient understanding of how to apply and tailor M_o_R in a scenario situation.
What is virtual training?
Virtual training incorporates both the personal teaching experience of a classroom, with the ease and flexibility of a virtual environment. Our virtual courses are interactive and engaging, allowing participants to communicate with both the instructor and each other in a collaborative manner. Please review our FAQs for more information relating to virtual learning, including the technical specifications.
This is an intensive five-day course that prepares you for the M_o_R Foundation and Practitioner examinations. The training is conducted via a virtual training environment. You need to ensure that you can satisfy the technical requirements that can be found here. In addition, whilst attending your course, there will also be some examination preparation evening work.
Foundation Learning Objectives
By the end of the Foundation course you should understand the structure, basic concepts and terminology within the M_o_R Guide. Specifically, you should for any organizational perspective:
Practitioner Learning Objectives
By the end of the Practitioner course you should be able to apply and understand how to tailor M_o_R effectively within an organization environment supporting M_o_R. Specifically you should for any organizational perspective:
This Foundation element of the course includes, but is not limited to:
The Practitioner element of the course follows the Practitioner syllabus and focuses on the application of all the areas covered in the M_o_R Foundation course. It provides delegates with the opportunity to practice Practitioner style questions in preparation for the Practitioner paper by integrating the following:
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 organisation. It is best suited to people in the following job roles:
A concentrated course that requires you to complete mandatory online pre-course study, which is designed to take approximately 6–8 hours to complete. Full instructions with a link to the online pre-course will be issued within 48 hours of your confirmed booking.
Review the technical requirements for the online pre-course learning here.
Exams are taken online via remote proctor. Two weeks prior to course commencement, ILX will arrange for an exam voucher to be issued. You then have a choice, you can either:
Note: You are responsible for booking your own exam. You must pass Foundation prior to taking the Practitioner examination.
Foundation exam format
Practitioner exam format
Candidates may make use of the Management of Risk: Guidance for Practitioners (the Management of Risk ‘guide’), 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.