TypeOnline Course
Student Enrolled2
Price₦30000
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A risk consists of a combination of the probability of a perceived threat or opportunity occurring and the magnitude of its impact on objectives”. With this definition ‘threat’ is used to describe an uncertain event that could have a negative impact on objectives or benefits; and ‘opportunity’ is used to describe an uncertain event that could have a favourable impact on objectives or benefits.

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. It also provides advice on how these principles, approach and processes should be embedded, reviewed and applied differently depending on the nature of the objectives at risk

M_o_R has been adopted by hundreds of organizations worldwide. Equally applicable to large and small organizations in the public and private sectors.

Effective risk management can bring far-reaching benefits to all organizations, whether large or small, public or private sector, as well as individuals managing projects or programmes:

  • Fewer sudden shocks and unwelcome surprises
  • More efficient use of resources
  • Reduced waste
  • Reduced fraud
  • Better service delivery
  • Reduction in management time spent fire-fighting
  • Better management of contingent and maintenance
    activities
  • Lower cost of capital
  • Improved innovation
  • Increased likelihood of change initiatives being achieved
  • More focus internally on doing the right things properly
  • More focus externally to shape effective strategies

As an individual M_o_R helps you to:

  • 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.
Section 1Introduction
Lecture 1Introduction
Lecture 2History of Risk
Lecture 3Risk & Risk Management
Lecture 4Risk Management & Organization
Lecture 5Perspectives of Risk
Lecture 6Risk Management Responses
Lecture 7Risk Management Processes
Lecture 8Risk Specialism
Lecture 9M_o_R Framework
Lecture 10Scenario Video
Section Quiz
Section 2Principles
Lecture 11M_o_R Principles 1
Lecture 12M_o_R Principles 2
Lecture 13Scenario Video
Section Quiz
Section 3Approach
Lecture 14Introduction to Approach
Lecture 15Risk Management Policy
Lecture 16Risk Management Process Guide
Lecture 17Risk Management Strategy
Lecture 18Risk Register
Lecture 19Issue Register
Lecture 20Risk Improvement Plan
Lecture 21Risk Communications Plan
Lecture 22Risk Response Plan
Lecture 23Risk Progress Report
Lecture 24Relationship Between Documents
Lecture 25Scenario Video
Section Quiz
Section 4Process 1
Lecture 26Introduction to Processes
Lecture 27The Processes
Lecture 28Common Process Barrier
Lecture 29Communication Throughout the Process
Lecture 30Identify – Context 1
Lecture 31Identify – Context 2
Lecture 32Identify – Identify the Risk 1
Lecture 33Identify – Identify the Risk 2
Lecture 34Assess – Estimate 1
Lecture 35Assess – Estimate 2
Lecture 36Scenario Video
Section Quiz
Section 5Process 2
Lecture 37Assess – Evaluate
Lecture 38Plan 1
Lecture 39Plan 2
Lecture 40Implement
Lecture 41Scenario Video
Section Quiz
Section 6Embedding & Reviewing
Lecture 42Introduction to Embedding & Reviewing
Lecture 43Embedding Principles
Lecture 44Risk Maturity Model & Health Checks 1
Lecture 45Risk Maturity Model & Health Checks 2
Lecture 46Scenario Video
Section Quiz
Section 7Changing the Culture, Identify and Establish.
Lecture 47Changing the Culture for Risk Mgt
Lecture 48Measuring the Value
Lecture 49Overcoming the Barriers to Success 1
Lecture 50Overcoming the Barriers to Success 2
Lecture 51Identify & Establish Opport. for change
Lecture 52Scenario Video
Section 8Perspectives 1
Lecture 53Introduction to Perspectives
Lecture 54Strategic Perspectives 1
Lecture 55Strategic Perspectives 2
Lecture 56Strategic Perspectives 3
Lecture 57Strategic Perspectives 4
Lecture 58Strategic Perspectives 5
Lecture 59Scenario Video
Section 9Perspective 2
Lecture 60Programme Perspective 1
Lecture 61Programme Perspective 2
Lecture 62Scenario Video
Section 10Perspective 3
Lecture 63Project Perspective 1
Lecture 64M_o_R Principles 2
Lecture 65Scenario Video
Section 11Approach
Lecture 66Introduction to Approach
Lecture 67Risk Management Policy
Lecture 68Risk Management Process Guide
Lecture 69Risk Management Strategy
Lecture 70Risk Register
Lecture 71Issue Register
Lecture 72Risk Improvement Plan
Lecture 73Risk Communications Plan
Lecture 74Risk Response Plan
Lecture 75Risk Progress Report
Lecture 76Relationship Between Documents
Section 12Process 1
Section 13Perspective 4
Lecture 77Achieving Measurable Value
Lecture 78Integrating Risk Management Across Perspectives
Final Quiz