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M_o_R® Certification - Management of Risk

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M_o_R - Management of Risk LogoM_o_R® (Management of Risk) is part of the AXELOS Global Best Practice portfolio.

In organizations and business situations, almost every decision involves some degree of risk. Aimed at everyone who has ever made an important business decision, M_o_R is a robust yet flexible framework that allows accurate risk assessment.

M_o_R considers risk from different perspectives within an organization: strategic, programme, project and operational. While it links to other AXELOS Global Best Practice, it respects the roles, responsibilities and terminologies used outside the disciplines of programme and project management.

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Benefits for Individuals

  • Gain the confidence and ability to influence and shape risk management across an organization.
  • Encourage openness and discuss real business issues in a realistic manner to meet business objectives, improve service delivery and achieve value for money.
  • Put an effective framework in place to make informed decisions about the risks that affect strategic, programme, project and operational objectives.
  • Understand the nature and extent of risks facing a company and reduce the incidence and impact on the business.
  • Continuously apply risk management to an organization and simplify the process of making information available when decisions need to be made.

Benefits for Organizations

  • Increase competitive advantage and become more risk aware by managing potential problems and opportunities.
  • Improve performance through waste and fraud reduction and more efficient use of resources.
  • Better manage contingent and maintenance activities and increase the likelihood of achieving change initiatives.
  • Bring together principles, an approach and a process with a set of interrelated steps and pointers to more detailed sources of advice on risk management techniques and specialisms in order to develop a route map for risk management.
  • Identify, assess and control risks to effectively manage them.

Foundation Level

The purpose of the foundation certification is to confirm that a candidate is able to demonstrate a knowledge and comprehension of the four elements of the M_o_R framework - Principles, Approach, Processes, Embedding and reviewing - and how they support corporate governance. The Foundation level is also a pre-requisite for the Practitioner qualification.

Exam Format

  • Multiple choice
  • 75 questions per paper
  • 5 questions to be trial and not counted in scores
  • 35 marks required to pass (out of 70 available) - 50%
  • 60 minutes duration
  • Closed book.

Practitioner Level

The purpose of the Practitioner level is to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor M_o_R in a scenario situation.

Exam Format

  • Objective testing
  • 4 questions per paper, 20 marks available per question
  • 40 marks required to pass (out of 80 available) - 50%
  • Three hours duration
  • Candidates may make use of the Management of Risk: Guidance for Practitioners (the Management of Risk 'guide'), published by TSO, together with ABC Guide Part A Example Techniques guidance document. No material other than the Question Booklet, the Scenario Booklet, the Answer Booklet and the two guides is to be used.

Practitioner Re-Registration

All M_o_R Practitioners should be re-registered within 3-5 calendar years of their original certification. Find out more about the M_o_R® Re-Registration Examination.

Recommended Reading

The following title is available from APMG-Business Books.

Management of Risk: Guidance for Practitioners - 3rd Edition

Management of Risk: Guidance for Practitioners 2010

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View/download our M_o_R Certification Overview Leaflet.