Management of Risk Foundation and Practitioner (M_o_R®) Version 3 (PRINCE2 Risk Management)
Create & Protect Value Through Effective Risk Management
Gain Both M_o_R® Foundation & Practitioner Certifications
Learn with Certified Risk Trainers Rated 5 Stars
Foundation & Practitioner Exams Included
Exam Pass Guarantee Included*
Welsh Government Funding Accepted
Course Overview
Duration:
5 Days (9am-5pm)
Accredited:
Available upon request
Exams:
Included
Funding:
ReAct
Type:
Classroom, Onsite, Virtual
Company group booking discount available
Course Overview
Duration:
5 Days (9am-5pm)
Accredited:
Available upon request
Exams:
Included
Funding:
ReAct
Type:
Classroom, Onsite, Virtual
Company group booking discount available
The accredited Management of Risk (M_o_R®) Foundation and Practitioner Version 3 course provides delegates with the knowledge and practical skills required to identify, assess and manage risk across projects, programmes, portfolios and operational activities.
M_o_R is now presented by PeopleCert as PRINCE2® Risk Management. The updated name brings M_o_R within the wider PRINCE2 portfolio while retaining the established principles, approach, processes, tools and techniques of the M_o_R Version 3 framework.
Effective risk management helps organisations make better-informed decisions, protect value and respond confidently to uncertainty. This course explains how a structured approach can be used to manage both threats and opportunities while supporting corporate governance and organisational objectives.
The Foundation element introduces the terminology, concepts and relationships within the four core elements of M_o_R: principles, approach, processes, and embedding and reviewing. The Practitioner element develops the ability to apply and tailor the framework within practical organisational scenarios.
Delegates will learn how to establish an effective risk management approach, identify and assess risks, plan appropriate responses and embed risk management into organisational culture and decision-making. The course prepares delegates for both the M_o_R Foundation and Practitioner Version 3 examinations while providing practical knowledge that can be applied within their own organisations.
Target Audience
• Risk Managers and Risk Professionals
• Project Managers and Programme Managers
• Portfolio Managers
• PMO Managers and PMO Support Professionals
• Business Change Managers
• Change and Transformation Professionals
• Operational Managers
• Product Managers
• Corporate Governance Professionals
• Business Continuity Professionals
• Internal Auditors and Assurance Professionals
• Compliance Professionals
• Management Consultants
• Project and Programme Support Staff
• HR Professionals involved in organisational risk
• Professionals responsible for making or supporting risk-based decisions
By the End of This Course, You Will Be Able To:
• Understand the purpose and benefits of effective risk management
• Explain the key terminology and concepts used within M_o_R
• Understand the four core elements of the M_o_R framework
• Explain and apply the eight M_o_R principles
• Develop an appropriate risk management approach
• Understand how risk management supports corporate governance
• Identify threats and opportunities within different organisational contexts
• Assess the probability, impact and proximity of risks
• Evaluate overall risk exposure
• Select and plan appropriate responses to threats and opportunities
• Implement and monitor agreed risk responses
• Use risk registers, checklists, scenario analysis and other risk management tools
• Understand the purpose and requirements of M_o_R management documents
• Embed risk management within organisational culture and decision-making
• Review and improve the effectiveness of risk management practices
• Apply and tailor M_o_R across projects, programmes, portfolios and operations
• Prepare confidently for the Foundation and Practitioner examinations
Please note: the following M_o_R examination process will apply to every course:
• All M_o_R examinations are arranged and administered online directly by PeopleCert.
• Delegates will be provided with a PeopleCert examination voucher for each examination. The Foundation examination voucher includes access to the official PRINCE2 Risk Management Version 3 digital manual, formerly known as the M_o_R Version 3 manual.
• On receipt of the voucher code, delegates should create or log in to their candidate profile on the PeopleCert website to redeem the voucher and access the official digital manual.
This accredited Management of Risk (M_o_R) training course includes the official digital manual and benefits from our Exam Pass Guarantee.
The Management of Risk Foundation and Practitioner (M_o_R®) Version 3 course, now presented by PeopleCert as PRINCE2® Risk Management Foundation and Practitioner (Version 3), is provided by Aims4change, an ATO/Affiliate of PeopleCert. M_o_R® and PRINCE2® are registered trade marks of PeopleCert Group. Used under licence from PeopleCert. All rights reserved.
The accredited Management of Risk (M_o_R®) Foundation and Practitioner Version 3 course provides delegates with the knowledge and practical skills required to identify, assess and manage risk across projects, programmes, portfolios and operational activities.
M_o_R is now presented by PeopleCert as PRINCE2® Risk Management. The updated name brings M_o_R within the wider PRINCE2 portfolio while retaining the established principles, approach, processes, tools and techniques of the M_o_R Version 3 framework.
Effective risk management helps organisations make better-informed decisions, protect value and respond confidently to uncertainty. This course explains how a structured approach can be used to manage both threats and opportunities while supporting corporate governance and organisational objectives.
The Foundation element introduces the terminology, concepts and relationships within the four core elements of M_o_R: principles, approach, processes, and embedding and reviewing. The Practitioner element develops the ability to apply and tailor the framework within practical organisational scenarios.
Delegates will learn how to establish an effective risk management approach, identify and assess risks, plan appropriate responses and embed risk management into organisational culture and decision-making. The course prepares delegates for both the M_o_R Foundation and Practitioner Version 3 examinations while providing practical knowledge that can be applied within their own organisations.
Target Audience
• Risk Managers and Risk Professionals
• Project Managers and Programme Managers
• Portfolio Managers
• PMO Managers and PMO Support Professionals
• Business Change Managers
• Change and Transformation Professionals
• Operational Managers
• Product Managers
• Corporate Governance Professionals
• Business Continuity Professionals
• Internal Auditors and Assurance Professionals
• Compliance Professionals
• Management Consultants
• Project and Programme Support Staff
• HR Professionals involved in organisational risk
• Professionals responsible for making or supporting risk-based decisions
By the End of This Course, You Will Be Able To:
• Understand the purpose and benefits of effective risk management
• Explain the key terminology and concepts used within M_o_R
• Understand the four core elements of the M_o_R framework
• Explain and apply the eight M_o_R principles
• Develop an appropriate risk management approach
• Understand how risk management supports corporate governance
• Identify threats and opportunities within different organisational contexts
• Assess the probability, impact and proximity of risks
• Evaluate overall risk exposure
• Select and plan appropriate responses to threats and opportunities
• Implement and monitor agreed risk responses
• Use risk registers, checklists, scenario analysis and other risk management tools
• Understand the purpose and requirements of M_o_R management documents
• Embed risk management within organisational culture and decision-making
• Review and improve the effectiveness of risk management practices
• Apply and tailor M_o_R across projects, programmes, portfolios and operations
• Prepare confidently for the Foundation and Practitioner examinations
Please note: the following M_o_R examination process will apply to every course:
• All M_o_R examinations are arranged and administered online directly by PeopleCert.
• Delegates will be provided with a PeopleCert examination voucher for each examination. The Foundation examination voucher includes access to the official PRINCE2 Risk Management Version 3 digital manual, formerly known as the M_o_R Version 3 manual.
• On receipt of the voucher code, delegates should create or log in to their candidate profile on the PeopleCert website to redeem the voucher and access the official digital manual.
This accredited Management of Risk (M_o_R) training course includes the official digital manual and benefits from our Exam Pass Guarantee.
The Management of Risk Foundation and Practitioner (M_o_R®) Version 3 course, now presented by PeopleCert as PRINCE2® Risk Management Foundation and Practitioner (Version 3), is provided by Aims4change, an ATO/Affiliate of PeopleCert. M_o_R® and PRINCE2® are registered trade marks of PeopleCert Group. Used under licence from PeopleCert. All rights reserved.
Day 1 – Introduction and M_o_R Principles
• Introduction to risk and risk management
• The purpose and benefits of M_o_R
• Risk management terminology and key concepts
• Threats, opportunities and uncertainty
• The relationship between risk management and corporate governance
• The four elements of the M_o_R framework
• Introduction to the eight M_o_R principles
• Aligns with objectives
• Fits the context
• Engages stakeholders
• Provides clear guidance
• Informs decision-making
• Facilitates continual improvement
• Creates a supportive culture
• Achieves measurable value
Day 2 – M_o_R Approach and Processes
• Developing an effective risk management approach
• Risk management policy
• Risk management process guide
• Risk management strategy
• Risk registers and supporting records
• Roles, responsibilities and accountability
• Risk appetite, risk tolerance and risk capacity
• Introduction to the M_o_R process cycle
• Identify – context and risks
• Assess – estimate and evaluate
• Plan appropriate risk responses
• Implement risk responses
• Communication throughout the risk management process
Day 3 – Embedding, Reviewing and Foundation Preparation
• Embedding risk management within the organisation
• Developing a risk-aware organisational culture
• Integrating risk management into decision-making
• Reviewing the effectiveness of risk management
• Risk management health checks
• Maturity models and continual improvement
• Common risk management tools and techniques
• Risk specialisms and different risk perspectives
• Applying M_o_R across projects, programmes, portfolios and operations
• Foundation examination guidance and sample questions
• Foundation examination preparation
• Online Foundation examination arranged through PeopleCert
Day 4 – Practitioner Application and Tailoring
• Review of M_o_R principles, approach and processes
• Applying M_o_R within practical organisational scenarios
• Tailoring the framework to organisational context
• Assessing the suitability of a risk management approach
• Applying risk appetite and tolerance
• Evaluating threats, opportunities and overall risk exposure
• Selecting appropriate risk responses
• Applying M_o_R tools and techniques
• Reviewing M_o_R management documents
• Identifying weaknesses and recommending improvements
Day 5 – Practitioner Workshops and Examination Preparation
• Embedding and reviewing M_o_R in practical situations
• Applying M_o_R across different organisational perspectives
• Practitioner scenario workshops
• Objective-testing question practice
• Practitioner examination structure and requirements
• Examination techniques, guidance and time management
• Review of sample examination questions
• Final Practitioner examination preparation
• Online Practitioner examination arranged through PeopleCert
Day 1 – Introduction and M_o_R Principles
• Introduction to risk and risk management
• The purpose and benefits of M_o_R
• Risk management terminology and key concepts
• Threats, opportunities and uncertainty
• The relationship between risk management and corporate governance
• The four elements of the M_o_R framework
• Introduction to the eight M_o_R principles
• Aligns with objectives
• Fits the context
• Engages stakeholders
• Provides clear guidance
• Informs decision-making
• Facilitates continual improvement
• Creates a supportive culture
• Achieves measurable value
Day 2 – M_o_R Approach and Processes
• Developing an effective risk management approach
• Risk management policy
• Risk management process guide
• Risk management strategy
• Risk registers and supporting records
• Roles, responsibilities and accountability
• Risk appetite, risk tolerance and risk capacity
• Introduction to the M_o_R process cycle
• Identify – context and risks
• Assess – estimate and evaluate
• Plan appropriate risk responses
• Implement risk responses
• Communication throughout the risk management process
Day 3 – Embedding, Reviewing and Foundation Preparation
• Embedding risk management within the organisation
• Developing a risk-aware organisational culture
• Integrating risk management into decision-making
• Reviewing the effectiveness of risk management
• Risk management health checks
• Maturity models and continual improvement
• Common risk management tools and techniques
• Risk specialisms and different risk perspectives
• Applying M_o_R across projects, programmes, portfolios and operations
• Foundation examination guidance and sample questions
• Foundation examination preparation
• Online Foundation examination arranged through PeopleCert
Day 4 – Practitioner Application and Tailoring
• Review of M_o_R principles, approach and processes
• Applying M_o_R within practical organisational scenarios
• Tailoring the framework to organisational context
• Assessing the suitability of a risk management approach
• Applying risk appetite and tolerance
• Evaluating threats, opportunities and overall risk exposure
• Selecting appropriate risk responses
• Applying M_o_R tools and techniques
• Reviewing M_o_R management documents
• Identifying weaknesses and recommending improvements
Day 5 – Practitioner Workshops and Examination Preparation
• Embedding and reviewing M_o_R in practical situations
• Applying M_o_R across different organisational perspectives
• Practitioner scenario workshops
• Objective-testing question practice
• Practitioner examination structure and requirements
• Examination techniques, guidance and time management
• Review of sample examination questions
• Final Practitioner examination preparation
• Online Practitioner examination arranged through PeopleCert
M_o_R Foundation, 3rd Edition
• Exam duration: 60 minutes
• 75 multiple-choice questions
• Five questions are trial questions and do not contribute to the final result
• 70 questions contribute to the final result
• Passing score: 35 out of 70 marks (50%)
• Closed-book examination – no reference materials are permitted during the examination
M_o_R Practitioner, 3rd Edition
• Exam duration: 180 minutes
• Objective-testing examination
• Four questions worth 20 marks each
• 80 marks available in total
• Passing score: 40 out of 80 marks (50%)
• Open-book examination – permitted reference materials are subject to PeopleCert’s current examination requirements
Please note:
• Delegates must pass the M_o_R Foundation Version 3 examination before sitting the Practitioner examination.
• All examinations are arranged and administered online directly by PeopleCert.
M_o_R Foundation, 3rd Edition
• Exam duration: 60 minutes
• 75 multiple-choice questions
• Five questions are trial questions and do not contribute to the final result
• 70 questions contribute to the final result
• Passing score: 35 out of 70 marks (50%)
• Closed-book examination – no reference materials are permitted during the examination
M_o_R Practitioner, 3rd Edition
• Exam duration: 180 minutes
• Objective-testing examination
• Four questions worth 20 marks each
• 80 marks available in total
• Passing score: 40 out of 80 marks (50%)
• Open-book examination – permitted reference materials are subject to PeopleCert’s current examination requirements
Please note:
• Delegates must pass the M_o_R Foundation Version 3 examination before sitting the Practitioner examination.
• All examinations are arranged and administered online directly by PeopleCert.
- Five days of Foundation and Practitioner training and examination preparation delivered by an accredited risk management trainer
- Comprehensive course notes, presentation slides and supporting learning materials
- Sample Foundation and Practitioner examination questions
- Official PRINCE2 Risk Management Version 3 digital manual
- M_o_R Foundation Version 3 examination voucher
- M_o_R Practitioner Version 3 examination voucher
- Exam Pass Guarantee – if you do not pass an examination after attending the course, you can attend the relevant training again at no additional cost. You will only need to pay the examination fee charged by the examination institute.
- NILC course completion certificate
- Official Foundation and Practitioner certifications upon successful completion of the respective examinations
Please note: examination vouchers are normally valid for 12 months from the date of issue. Learners funded through certain funding schemes may be required to sit their examinations sooner to comply with funding requirements.
- Five days of Foundation and Practitioner training and examination preparation delivered by an accredited risk management trainer
- Comprehensive course notes, presentation slides and supporting learning materials
- Sample Foundation and Practitioner examination questions
- Official PRINCE2 Risk Management Version 3 digital manual
- M_o_R Foundation Version 3 examination voucher
- M_o_R Practitioner Version 3 examination voucher
- Exam Pass Guarantee – if you do not pass an examination after attending the course, you can attend the relevant training again at no additional cost. You will only need to pay the examination fee charged by the examination institute.
- NILC course completion certificate
- Official Foundation and Practitioner certifications upon successful completion of the respective examinations
Please note: examination vouchers are normally valid for 12 months from the date of issue. Learners funded through certain funding schemes may be required to sit their examinations sooner to comply with funding requirements.
There are no formal prerequisites for attending the Foundation element of this course.
However, delegates will benefit from having experience of projects, programmes, portfolios, operations, governance, organisational change or risk management.
Delegates must successfully complete the M_o_R Foundation Version 3 examination before they can sit the Practitioner examination.
Participants are required to complete the pre-course learning provided before attending. Additional self-study and examination preparation may also be expected during the evenings of each course day.
There are no formal prerequisites for attending the Foundation element of this course.
However, delegates will benefit from having experience of projects, programmes, portfolios, operations, governance, organisational change or risk management.
Delegates must successfully complete the M_o_R Foundation Version 3 examination before they can sit the Practitioner examination.
Participants are required to complete the pre-course learning provided before attending. Additional self-study and examination preparation may also be expected during the evenings of each course day.
How does the Exam Pass Guarantee work?
With our Exam Pass Guarantee, if you do not pass an examination after attending this training course with us, you will be eligible to attend the relevant training again free of charge.
You will need to pay the examination fee charged by the examination board when resitting an exam. Learners retaking the course must also reuse any materials or books supplied during their original course. Replacement materials may incur an additional charge.
Who is the M_o_R Foundation and Practitioner course suitable for?
The course is suitable for risk professionals, senior leaders, project and programme managers, PMO professionals, operational managers, change professionals and anyone involved in organisational governance or decision-making.
It is particularly useful for professionals responsible for identifying, assessing and controlling risk or helping an organisation improve its risk-management approach.
Are there any prerequisites for the combined M_o_R course?
There are no formal prerequisites for beginning the M_o_R Foundation stage. However, previous experience of working within an operational, programme or project environment may help you relate the framework to practical situations.
You must successfully complete M_o_R Foundation before taking the M_o_R Practitioner examination. The combined course enables you to progress through both levels in the correct order.
How does the Exam Pass Guarantee work?
With our Exam Pass Guarantee, if you do not pass an examination after attending this training course with us, you will be eligible to attend the relevant training again free of charge.
You will need to pay the examination fee charged by the examination board when resitting an exam. Learners retaking the course must also reuse any materials or books supplied during their original course. Replacement materials may incur an additional charge.
Who is the M_o_R Foundation and Practitioner course suitable for?
The course is suitable for risk professionals, senior leaders, project and programme managers, PMO professionals, operational managers, change professionals and anyone involved in organisational governance or decision-making.
It is particularly useful for professionals responsible for identifying, assessing and controlling risk or helping an organisation improve its risk-management approach.
Are there any prerequisites for the combined M_o_R course?
There are no formal prerequisites for beginning the M_o_R Foundation stage. However, previous experience of working within an operational, programme or project environment may help you relate the framework to practical situations.
You must successfully complete M_o_R Foundation before taking the M_o_R Practitioner examination. The combined course enables you to progress through both levels in the correct order.
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Virtual
Our virtual courses allow you to access live instructor-led training from the same expert instructors that deliver our classroom courses, without leaving the comfort of your home or office. All virtual courses are fully interactive, and learners can communicate with their trainer and peers at any time.
Many of our virtual courses are also recorded, so you can recap over the content you learnt as many time as you wish.
Classroom
Our classroom courses allow you to learn and interact face-to-face with our expert instructors in a comfortable and modern training environment. All of our classroom based courses take place at NILC centers, or high quality training facilities, and include all required IT and physical equipment.
We also limit our class sizes to help promote better discussions and to ensure your learning experience is comfortable as possible.
Onsite
Save time and hassle by arranging for one of our expert instructors to come to you. Our onsite courses allow you to learn in a location of your choosing, and you can train as many or as few people as you want – from a single person or team to whole departments. We can also fully customize the course content to the specific requirements of your business or project.
We offer onsite courses throughout the UK and it can be a great team building opportunity for colleagues to come together, bond and discuss.
Online
Our Online Self Paced courses allow you to learn new skills from our expert instructors, in your own time and at your own pace. Our flexible online learning platform allows you to access content on your computer, tablet or mobile device, whether you’re on the move or at home. All our online courses come with immediate access and you can start learning straight away, from any internet enabled compatible device.
We also offer online email support from our expert instructors, so they’re always on hand and happy to help you with any questions which may arise.
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Frequently Asked Questions
With our Exam Pass Guarantee, if you do not pass an examination after attending this training course with us, you will be eligible to attend the relevant training again free of charge.
You will need to pay the examination fee charged by the examination board when resitting an exam. Learners retaking the course must also reuse any materials or books supplied during their original course. Replacement materials may incur an additional charge.
The course is suitable for risk professionals, senior leaders, project and programme managers, PMO professionals, operational managers, change professionals and anyone involved in organisational governance or decision-making.
It is particularly useful for professionals responsible for identifying, assessing and controlling risk or helping an organisation improve its risk-management approach.
There are no formal prerequisites for beginning the M_o_R Foundation stage. However, previous experience of working within an operational, programme or project environment may help you relate the framework to practical situations.
You must successfully complete M_o_R Foundation before taking the M_o_R Practitioner examination. The combined course enables you to progress through both levels in the correct order.
Foundation develops your understanding of M_o_R terminology, principles, perspectives, processes, techniques and organisational approach.
Practitioner develops your ability to apply and tailor the framework within realistic situations. It assesses whether you can use M_o_R guidance to support decision-making and manage risk within a particular organisational context.
The Foundation examination lasts 60 minutes and contains 75 multiple-choice questions. Five are trial questions that do not contribute to your result, leaving 70 marks available.
You must achieve at least 35 marks out of 70, equivalent to 50%, to pass. The examination is closed book, so reference materials cannot be used.
The Practitioner examination consists of 80 multiple-choice questions and lasts three hours. It assesses your ability to apply and tailor the M_o_R 3rd Edition framework within practical scenarios.
The examination is open book, allowing you to use the official M_o_R manual. You must achieve at least 40 marks out of 80, equivalent to 50%, to pass.
Frequently Asked Questions
With our Exam Pass Guarantee, if you do not pass an examination after attending this training course with us, you will be eligible to attend the relevant training again free of charge.
You will need to pay the examination fee charged by the examination board when resitting an exam. Learners retaking the course must also reuse any materials or books supplied during their original course. Replacement materials may incur an additional charge.
The course is suitable for risk professionals, senior leaders, project and programme managers, PMO professionals, operational managers, change professionals and anyone involved in organisational governance or decision-making.
It is particularly useful for professionals responsible for identifying, assessing and controlling risk or helping an organisation improve its risk-management approach.
There are no formal prerequisites for beginning the M_o_R Foundation stage. However, previous experience of working within an operational, programme or project environment may help you relate the framework to practical situations.
You must successfully complete M_o_R Foundation before taking the M_o_R Practitioner examination. The combined course enables you to progress through both levels in the correct order.
Foundation develops your understanding of M_o_R terminology, principles, perspectives, processes, techniques and organisational approach.
Practitioner develops your ability to apply and tailor the framework within realistic situations. It assesses whether you can use M_o_R guidance to support decision-making and manage risk within a particular organisational context.
The Foundation examination lasts 60 minutes and contains 75 multiple-choice questions. Five are trial questions that do not contribute to your result, leaving 70 marks available.
You must achieve at least 35 marks out of 70, equivalent to 50%, to pass. The examination is closed book, so reference materials cannot be used.
The Practitioner examination consists of 80 multiple-choice questions and lasts three hours. It assesses your ability to apply and tailor the M_o_R 3rd Edition framework within practical scenarios.
The examination is open book, allowing you to use the official M_o_R manual. You must achieve at least 40 marks out of 80, equivalent to 50%, to pass.
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Management of Risk Practitioner (M_o_R®) Version 3 (PRINCE2 Risk Management)
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Accredited: Available upon request
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