Management of Risk Practitioner (M_o_R®) Version 3 (PRINCE2 Risk Management)

Apply & Tailor M_o_R® to Real-World Risk Environments
Gain an M_o_R® Practitioner Qualification
Learn with Certified Risk Trainers Rated 5 Stars
M_o_R® Practitioner Exam Included
Exam Pass Guarantee Included*
Welsh Government Funding Accepted

Course Overview

Duration: 2 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®) Practitioner Version 3 course builds on the Foundation qualification and develops the practical skills needed to apply and tailor the M_o_R framework in real-world organisational environments. M_o_R is now presented by PeopleCert as PRINCE2® Risk Management. The updated name brings M_o_R within the wider [...]

The accredited Management of Risk (M_o_R®) Practitioner Version 3 course builds on the Foundation qualification and develops the practical skills needed to apply and tailor the M_o_R framework in real-world organisational environments.

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.

The course focuses on applying structured risk management across projects, programmes, portfolios and operational activities. Delegates will learn how to tailor the framework to suit different organisational contexts and use it to support effective governance and informed decision-making.

Through practical exercises, organisational scenarios and examination workshops, delegates will develop their ability to assess risk management approaches, apply the M_o_R processes, select appropriate tools and recommend improvements.

The course prepares delegates for the M_o_R Practitioner Version 3 examination while providing practical knowledge they can apply 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 developing, applying or reviewing risk management practices
• Anyone who has achieved M_o_R Foundation Version 3 and wishes to progress to Practitioner level

By the End of This Course, You Will Be Able To:

• Apply and tailor M_o_R to different organisational environments and scenarios
• Apply the eight M_o_R principles to support effective governance
• Assess whether a risk management approach is appropriate for its organisational context
• Apply the M_o_R processes to practical risk situations
• Identify and assess threats and opportunities
• Evaluate probability, impact, proximity and overall risk exposure
• Apply risk appetite, risk tolerance and risk capacity in decision-making
• Select and plan appropriate responses to threats and opportunities
• Implement and monitor agreed risk responses
• Apply common risk identification, assessment and response techniques
• Assess the quality and suitability of M_o_R management documents
• Recommend improvements to risk policies, strategies, process guides and registers
• Define appropriate risk management roles and responsibilities
• Embed risk management within organisational culture and decision-making
• Review and improve organisational risk management practices
• Apply M_o_R across projects, programmes, portfolios and operations
• Prepare confidently for the M_o_R Practitioner Version 3 examination

The accredited Management of Risk (M_o_R®) Practitioner Version 3 course builds on the Foundation qualification and develops the practical skills needed to apply and tailor the M_o_R framework in real-world organisational environments. M_o_R is now presented by PeopleCert as PRINCE2® Risk Management. The updated name brings M_o_R within the wider [...]

The accredited Management of Risk (M_o_R®) Practitioner Version 3 course builds on the Foundation qualification and develops the practical skills needed to apply and tailor the M_o_R framework in real-world organisational environments.

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.

The course focuses on applying structured risk management across projects, programmes, portfolios and operational activities. Delegates will learn how to tailor the framework to suit different organisational contexts and use it to support effective governance and informed decision-making.

Through practical exercises, organisational scenarios and examination workshops, delegates will develop their ability to assess risk management approaches, apply the M_o_R processes, select appropriate tools and recommend improvements.

The course prepares delegates for the M_o_R Practitioner Version 3 examination while providing practical knowledge they can apply 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 developing, applying or reviewing risk management practices
• Anyone who has achieved M_o_R Foundation Version 3 and wishes to progress to Practitioner level

By the End of This Course, You Will Be Able To:

• Apply and tailor M_o_R to different organisational environments and scenarios
• Apply the eight M_o_R principles to support effective governance
• Assess whether a risk management approach is appropriate for its organisational context
• Apply the M_o_R processes to practical risk situations
• Identify and assess threats and opportunities
• Evaluate probability, impact, proximity and overall risk exposure
• Apply risk appetite, risk tolerance and risk capacity in decision-making
• Select and plan appropriate responses to threats and opportunities
• Implement and monitor agreed risk responses
• Apply common risk identification, assessment and response techniques
• Assess the quality and suitability of M_o_R management documents
• Recommend improvements to risk policies, strategies, process guides and registers
• Define appropriate risk management roles and responsibilities
• Embed risk management within organisational culture and decision-making
• Review and improve organisational risk management practices
• Apply M_o_R across projects, programmes, portfolios and operations
• Prepare confidently for the M_o_R Practitioner Version 3 examination

Day 1 – Applying and Tailoring M_o_R

• Introduction to the M_o_R Practitioner examination
• Review of the M_o_R framework and terminology
• Review and application of the eight M_o_R principles
• Applying the framework within practical organisational scenarios
• Tailoring M_o_R to different organisational contexts
• Applying risk appetite, risk tolerance and risk capacity
• Assessing the suitability of a risk management approach
• Reviewing roles, responsibilities and accountability
• Applying the Identify process
• Applying the Assess process
• Estimating and evaluating threats and opportunities
• Evaluating overall risk exposure
• Applying common risk identification and assessment techniques

Day 2 – Practitioner Workshops and Examination Preparation

• Applying the Plan process
• Selecting appropriate responses to threats and opportunities
• Applying the Implement process
• Monitoring risk responses and residual risk
• Reviewing risk policies, strategies and process guides
• Assessing risk registers and supporting documents
• Embedding risk management within organisational culture
• Reviewing the effectiveness of risk management
• Health checks, maturity assessments and continual improvement
• Applying M_o_R across projects, programmes, portfolios and operations
• Practitioner scenario workshops
• Objective-testing question practice
• Examination techniques, guidance and time management
• Final Practitioner examination preparation
• Online Practitioner examination arranged through PeopleCert

Day 1 – Applying and Tailoring M_o_R

• Introduction to the M_o_R Practitioner examination
• Review of the M_o_R framework and terminology
• Review and application of the eight M_o_R principles
• Applying the framework within practical organisational scenarios
• Tailoring M_o_R to different organisational contexts
• Applying risk appetite, risk tolerance and risk capacity
• Assessing the suitability of a risk management approach
• Reviewing roles, responsibilities and accountability
• Applying the Identify process
• Applying the Assess process
• Estimating and evaluating threats and opportunities
• Evaluating overall risk exposure
• Applying common risk identification and assessment techniques

Day 2 – Practitioner Workshops and Examination Preparation

• Applying the Plan process
• Selecting appropriate responses to threats and opportunities
• Applying the Implement process
• Monitoring risk responses and residual risk
• Reviewing risk policies, strategies and process guides
• Assessing risk registers and supporting documents
• Embedding risk management within organisational culture
• Reviewing the effectiveness of risk management
• Health checks, maturity assessments and continual improvement
• Applying M_o_R across projects, programmes, portfolios and operations
• Practitioner scenario workshops
• Objective-testing question practice
• Examination techniques, guidance and time management
• Final Practitioner examination preparation
• Online Practitioner examination arranged through PeopleCert

• Exam duration: 180 minutes
• Objective-testing, multiple-choice examination
• Four questions worth 20 marks each
• 80 marks available in total
• Passing score: 40 out of 80 marks (50%)
• Open-book examination – candidates may use the permitted official guidance during the examination, subject to PeopleCert’s current requirements

• Exam duration: 180 minutes
• Objective-testing, multiple-choice examination
• Four questions worth 20 marks each
• 80 marks available in total
• Passing score: 40 out of 80 marks (50%)
• Open-book examination – candidates may use the permitted official guidance during the examination, subject to PeopleCert’s current requirements

• Two days of training and examination preparation delivered by an accredited risk management trainer
• Comprehensive course notes, presentation slides and supporting learning materials
• Practitioner scenario exercises and workshops
• Sample Practitioner examination questions
• M_o_R Practitioner Version 3 examination voucher
• Recording of each training day for live virtual courses only
• Exam Pass Guarantee – if you do not pass the examination after attending the course, you can attend the same 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 Practitioner certification upon successful completion of the examination

Please note: delegates should already have access to the official digital manual through their Foundation qualification. Please confirm access to the manual before attending the course.

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 examination sooner to comply with funding requirements.

• Two days of training and examination preparation delivered by an accredited risk management trainer
• Comprehensive course notes, presentation slides and supporting learning materials
• Practitioner scenario exercises and workshops
• Sample Practitioner examination questions
• M_o_R Practitioner Version 3 examination voucher
• Recording of each training day for live virtual courses only
• Exam Pass Guarantee – if you do not pass the examination after attending the course, you can attend the same 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 Practitioner certification upon successful completion of the examination

Please note: delegates should already have access to the official digital manual through their Foundation qualification. Please confirm access to the manual before attending the course.

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 examination sooner to comply with funding requirements.

Participants must hold the M_o_R Foundation 3rd Edition certification before attending the Practitioner course and sitting the Practitioner examination.

Delegates are expected to have a good understanding of the M_o_R principles, approach, processes, terminology and management documents before attending. This course focuses on applying and tailoring M_o_R rather than introducing its core concepts.

Delegates are required to complete the pre-course learning provided before attending the course. Additional self-study and examination preparation may also be expected during the evenings of each training day.

Delegates should retain access to the official manual supplied with their Foundation examination, as it is required for study and may be used during the open-book Practitioner examination in accordance with PeopleCert’s rules.

Participants must hold the M_o_R Foundation 3rd Edition certification before attending the Practitioner course and sitting the Practitioner examination.

Delegates are expected to have a good understanding of the M_o_R principles, approach, processes, terminology and management documents before attending. This course focuses on applying and tailoring M_o_R rather than introducing its core concepts.

Delegates are required to complete the pre-course learning provided before attending the course. Additional self-study and examination preparation may also be expected during the evenings of each training day.

Delegates should retain access to the official manual supplied with their Foundation examination, as it is required for study and may be used during the open-book Practitioner examination in accordance with PeopleCert’s rules.

How does the Exam Pass Guarantee work?

With our Exam Pass Guarantee, if you do not pass the examination after attending this training course with us, you will be eligible to attend the same training again free of charge.

You will need to pay the examination fee charged by the examination board when resitting the 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 Practitioner course suitable for?

The course is suitable for risk professionals, project and programme managers, PMO professionals, operational managers, change professionals and anyone responsible for applying or improving risk management within an organisation.

It is intended for learners who already understand M_o_R at Foundation level and now want to develop their ability to apply and tailor the framework within practical organisational situations.

Are there any prerequisites for M_o_R Practitioner?

Yes. You must have successfully completed M_o_R Foundation, 3rd Edition before attending the course and taking the M_o_R Practitioner, 3rd Edition examination.

You should also review your Foundation knowledge before the course begins, as Practitioner training concentrates on applying and tailoring the framework rather than reteaching all Foundation-level content.

View all FAQs

How does the Exam Pass Guarantee work?

With our Exam Pass Guarantee, if you do not pass the examination after attending this training course with us, you will be eligible to attend the same training again free of charge.

You will need to pay the examination fee charged by the examination board when resitting the 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 Practitioner course suitable for?

The course is suitable for risk professionals, project and programme managers, PMO professionals, operational managers, change professionals and anyone responsible for applying or improving risk management within an organisation.

It is intended for learners who already understand M_o_R at Foundation level and now want to develop their ability to apply and tailor the framework within practical organisational situations.

Are there any prerequisites for M_o_R Practitioner?

Yes. You must have successfully completed M_o_R Foundation, 3rd Edition before attending the course and taking the M_o_R Practitioner, 3rd Edition examination.

You should also review your Foundation knowledge before the course begins, as Practitioner training concentrates on applying and tailoring the framework rather than reteaching all Foundation-level content.

View all FAQs

Dates & Prices

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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.

Find out more about Virtual learning

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.

Find out more about Classroom learning

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.

Find out more about Onsite learning

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.

Find out more about Online learning

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Frequently Asked Questions

With our Exam Pass Guarantee, if you do not pass the examination after attending this training course with us, you will be eligible to attend the same training again free of charge.

You will need to pay the examination fee charged by the examination board when resitting the 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, project and programme managers, PMO professionals, operational managers, change professionals and anyone responsible for applying or improving risk management within an organisation.

It is intended for learners who already understand M_o_R at Foundation level and now want to develop their ability to apply and tailor the framework within practical organisational situations.

Yes. You must have successfully completed M_o_R Foundation, 3rd Edition before attending the course and taking the M_o_R Practitioner, 3rd Edition examination.

You should also review your Foundation knowledge before the course begins, as Practitioner training concentrates on applying and tailoring the framework rather than reteaching all Foundation-level content.

Foundation confirms that you understand M_o_R terminology, principles, perspectives, processes, techniques and the organisational approach to risk management.

Practitioner develops your ability to apply and tailor that knowledge within realistic scenarios. It assesses whether you can use M_o_R appropriately to support governance, decision-making and risk management in a particular organisational context.

You will develop your ability to apply and tailor the eight M_o_R principles, the organisational approach, the four perspectives and the risk-management process.

The course explores how to identify, assess, plan and implement responses to risks, communicate effectively with stakeholders and embed and review risk management within an organisation. It also includes practical exercises and scenario-based examination preparation.

The 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.

You must achieve at least 40 marks out of 80, equivalent to 50%, to pass.

Yes. The M_o_R Practitioner, 3rd Edition examination is open book, so you may use the official M_o_R manual during the exam.

Learners who completed M_o_R Foundation, 3rd Edition should already have access to the relevant official e-book. Ensure you can access the correct version before taking the Practitioner examination.

The course includes two days of training and examination preparation, course notes, presentation slides, diagrams, sample examination papers and the M_o_R Practitioner exam voucher.

The exam voucher is valid for 12 months. However, learners receiving funding may be required to complete the examination within an earlier timeframe to comply with the relevant funding requirements.

Recordings of each training day are also included with live virtual courses.

Frequently Asked Questions

With our Exam Pass Guarantee, if you do not pass the examination after attending this training course with us, you will be eligible to attend the same training again free of charge.

You will need to pay the examination fee charged by the examination board when resitting the 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, project and programme managers, PMO professionals, operational managers, change professionals and anyone responsible for applying or improving risk management within an organisation.

It is intended for learners who already understand M_o_R at Foundation level and now want to develop their ability to apply and tailor the framework within practical organisational situations.

Yes. You must have successfully completed M_o_R Foundation, 3rd Edition before attending the course and taking the M_o_R Practitioner, 3rd Edition examination.

You should also review your Foundation knowledge before the course begins, as Practitioner training concentrates on applying and tailoring the framework rather than reteaching all Foundation-level content.

Foundation confirms that you understand M_o_R terminology, principles, perspectives, processes, techniques and the organisational approach to risk management.

Practitioner develops your ability to apply and tailor that knowledge within realistic scenarios. It assesses whether you can use M_o_R appropriately to support governance, decision-making and risk management in a particular organisational context.

You will develop your ability to apply and tailor the eight M_o_R principles, the organisational approach, the four perspectives and the risk-management process.

The course explores how to identify, assess, plan and implement responses to risks, communicate effectively with stakeholders and embed and review risk management within an organisation. It also includes practical exercises and scenario-based examination preparation.

The 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.

You must achieve at least 40 marks out of 80, equivalent to 50%, to pass.

Yes. The M_o_R Practitioner, 3rd Edition examination is open book, so you may use the official M_o_R manual during the exam.

Learners who completed M_o_R Foundation, 3rd Edition should already have access to the relevant official e-book. Ensure you can access the correct version before taking the Practitioner examination.

The course includes two days of training and examination preparation, course notes, presentation slides, diagrams, sample examination papers and the M_o_R Practitioner exam voucher.

The exam voucher is valid for 12 months. However, learners receiving funding may be required to complete the examination within an earlier timeframe to comply with the relevant funding requirements.

Recordings of each training day are also included with live virtual courses.

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