Management of Risk Foundation (MOR)
5 Modules
20 Lessons
Beginner to Intermediate
Strategic Risk Management in Projects and Organizations
Course Summary
The Management of Risk Foundation (MOR) course provides a robust introduction to the principles, processes, and techniques used in risk management. It equips participants with the necessary tools to identify, assess, and control risks effectively within their organizations. Through this course, attendees will explore various risk management models and frameworks that align with global standards, gaining insights into integrating risk management into strategic decision-making processes. Participants will engage in practical exercises to apply theoretical knowledge in real-world scenarios, enhancing their competence in managing uncertainties and improving organizational resilience.
Course duration:
Five days (In-Person and Online Options available)
Course Overview:
What you'll get:
Interactive Learning: Engaging sessions with real-world examples and live demonstrations.
Practical Focus: Hands-on labs to apply theoretical concepts in real-world scenarios.
Collaborative Activities: Group exercises and discussions to enhance understanding.
Course Curriculum
Day 1
Day 2
Day 2: Risk Assessment Techniques
1. Tools and techniques for risk identification.
2. Qualitative and quantitative risk analysis.
3. Risk probability and impact assessments.
4. Scenario analysis and its importance. 5. Workshop on conducting risk assessments.
Day 3
Day 3: Risk Response Strategies 1.Developing effective risk response plans.
2.Techniques for risk avoidance, reduction, transfer, and acceptance. 3.Financial and operational impacts of risk responses.
4.Integrating risk responses with project management.
5.Role-play exercises on risk decision-making.
Day 4
Day 4: Risk Monitoring and Reporting 1.Establishing risk monitoring processes. 2.Key risk indicators and metrics. 3.Techniques for continuous risk monitoring.
4.Reporting risk to stakeholders. 5.Practical exercises on creating risk reports.
Day 5
Prerequisites
Basic understanding of project management principles. Experience in a team leadership or management role is beneficial, but not mandatory. Willingness to engage with complex scenarios and decision-making processes.
Delivery Method
•In-Person Classroom or Virtual Instructor-Led (depending on your organization’s preference)
•Combination of lectures, interactive workshops, case studies, and group discussions
•Real-time feedback and personalized guidance from the instructor
•Access to digital course materials, tools, and resources after the course concludes
Certificate
Participants will receive a certificate upon successful completion of the workshop, validating their understanding and proficiency in integrating sustainability into project management practices.
