The M_o_R (Management of Risk) course offers a comprehensive study of approaches and methodologies for effective risk management in business processes and is aligned with the M_o_R Foundation certification requirements.
The course provides optimally balanced information on general and IT-specific risks, which strengthens the risk management culture at various levels of management. Students will learn how to effectively apply the M_o_R framework to create a structured approach to risk management in an organisation.
After completing this course, students will be able to:
- analyse and assess risks at different levels of management;
- apply universal principles of risk management. Understand the terminology and framework of M_o_R, ISO31000;
- apply risk management processes and methods, adapting methods to the specifics of their organisation, integrating risk management culture into the organisation's activities;
- understand the features of specialised risk management techniques, such as financial risks, project activities, cybersecurity.
Audience Profile
This course will be useful for managers and specialists to formalize and improve risk management. Change managers, project and program managers, IT risk managers, managers from other disciplines will receive additional insights and approaches to improve their performance.
- Introduction
- History and overview of frameworks related to risk management.
- The Modern Challenge of Digital + Agile Transformation and Risk Management. Review of basic concepts and terms.
- Principles of risk management (The management of Risk Principles) A study of universal risk management principles.
- Relationship with corporate governance principles and ISO31000.
- Prospectscontrolrisks (The Management of Risk Perspectives)
- Application Variations for Strategic, Programmatic, Project and Operational Perspectives.
- Risk management approach (The management of risk Principles) Documentation required to support risk management.
- Adaptation of documentation to the needs of the organization.
- Roles and responsibilities
- Defining risk management responsibilities from different perspectives.
- Implementation and review, health check and maturity model ( Embed & Review , Health-check and Maturity Model )
- Integration of risk management into corporate culture.
- Using a status check to determine the current status.
- Applying the maturity model for continuous improvement.
- Process and methodsmanagementrisks (The Management of Risk Process and Techniques)
- Detailed study of the stages of the process: Identification, Evaluation, Planning and Implementation.
- Recommended methods for each stage.
- Specializations in risk management (Management of risk Specialisms) An introduction to risk management specializations, including but not limited to:
- Business continuity.
- Incident and crisis management.
- Security risk management.
- Financial risk management.
- Peculiarities of views and practices of risk management of different frameworks
- Project management: PMBOK, PRINCE2.
- Agile, Scrum, SAFe.
- COSO and
- COBIT 2019.
- NIST and NIST risk management framework.
- Workshop on the choice of techniques and approaches.