The M_o_R® Foundation certification verifies that a candidate possesses the necessary knowledge and comprehension to effectively participate in identifying, evaluating, and managing risks from various organizational viewpoints. This understanding encompasses proficiency in the four elements of the M_o_R framework and their role in enhancing corporate governance. Moreover, the Foundation qualification serves as a prerequisite for obtaining the Practitioner qualification.
Who should take the exam?
The M_o_R Foundation certification is applicable to both organizations and individuals who recognize the importance of adopting a structured methodology for identifying, evaluating, and managing risks across strategic, programmatic, project, and operational levels. The Foundation qualification targets:
Business Change Managers
Programme and Project Managers
Risk Managers
Business, Programme, and Project Support staff and managers
Operational staff and managers
Personnel and Managers from diverse fields, especially those involved in establishing standards and/or aligning them with MoP portfolio management, MSP programme management, and PRINCE2 project management.
Knowledge Area:
Candidates are expected to demonstrate proficiency in applying and customizing M_o_R within an organizational setting that supports M_o_R. Specifically, candidates should be able to:
Comprehend the interconnections among the four components of the M_o_R framework.
Apply the principles, methodology, processes, and methodologies effectively.
Evaluate and propose enhancements to integrate the M_o_R framework.
Develop and evaluate various documents within the M_o_R framework.
Exam Details
Exam Name: M_o_R Foundation
Exam Languages: English
Exam Questions: 75 Questions
Time: 60 minutes
Passing Score: 35 marks required to pass (out of 70 available) - 50%
Course Outline
The exam covers the given topics -
Topic 1: Introduction and Glossary (IG)
Know facts, terms and concepts relating to M_o_R
Know facts, terms and concepts relating to the M_o_R approach, perspectives and the actions needed for effective risk management implementation.
Be able to apply the M_o_R framework when implementing risk management throughout an organization or updating the current risk management practices for a given scenario.
Topic 2: M_o_R Principles (PI)
Know the facts, terms and concepts relating to the M_o_R principles.
Understand how the M_o_R principles are used and the main mechanisms (e.g. appetite, capacity, tolerance, EWI, KPI, etc.) that support them.
Topic 3: M_o_R Approach (AP)
Know the facts, terms and concepts relating to the M_o_R approach
Understand the contents of the nine M_o_R approach documents, how they relate to the principles and how they are applied throughout the M_o_R framework.
Topic 4: M_o_R Processes (PR)
Know the facts, terms and concepts of the M_o_R process.
Understand how the M_o_R process is used to identify, assess and control risk.
Topic 5: Embedding and reviewing (ER)
Know the facts, terms and concepts relating to Embedding and reviewing of risk management into the culture of an organization.
Be able to apply and tailor the methods for Embedding and reviewing risk management when implementing or updating risk management for a given scenario.
Topic 6: Perspectives (PE)
Know the facts, terms and concepts of the M_o_R perspectives
Understand how the M_o_R perspectives are used
Topic 7: Common Techniques (CT)
Be able to apply and tailor the M_o_R framework to organizational perspectives when implementing or updating risk management for a given scenario.
Be able to identify, analyse and distinguish between appropriate and inappropriate application of the M_o_R principles at each perspective for a given scenario
Know the facts, terms and concepts of the M_o_R techniques.
Understand how the M_o_R techniques are used.
Topic 8: Risk Specialisms (RS)
Know the facts, terms and concepts of the M_o_R risk specialisms.
Understand how the M_o_R risk specialisms are used.
What We Offer?
Full-Length Mock Tests that include unique, exam-style questions to help you practice under real conditions.
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Reviews
How learners rated this courses
4.5
(Based on 301 reviews)
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Brooke Ams
I found the questions on risk communication and effective implementation of the risk management policy to be highly accurate to the foundation level.
Dianne Olly
It clearly covered the eight risk management processes and their relationship to various organizational perspectives. A solid test of the core risk framework knowledge.
Scott Methew
The practice exam was perfect for learning the four core concepts and principles of Management of Risk (M_o_R). Great foundation for understanding risk management governance.
