(Management of Risk)
of Risk M_o_R is part of the Best Practice Guidance portfolio published by the
M_o_R considers risk
from different perspectives within an organization: strategic,
programme, project and operational.
While it links to other cabinet Office Best Practice, it respects the roles,
responsibilities and terminologies used outside the disciplines of programme and
A risk consists of a
combination of the probability of a perceived threat or opportunity occurring
and the magnitude of its impact on objectives". With this definition 'threat' is
used to describe an uncertain event that could have a negative impact on
objectives or benefits; and 'opportunity' is used to describe an uncertain event
that could have a favorable impact on objectives or benefits.
Gain the confidence
and ability to influence and shape risk management across an
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
risk management to an organization and simplify the process of making
information available when decisions need to be made.
- Increase competitive
advantage and become more risk aware by managing potential problems and
- Improve performance
through waste and fraud reduction and more efficient use of
- Better manage
contingent and maintenance activities and increase the likelihood of achieving
- 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.
M_O_R Foundation Level: (3
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.
- 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
- 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
the APMG guidance document ABC Guide Part A Example Techniques. No material
other than the Question Booklet, the Scenario Booklet, the Answer Booklet and
the two guides is to be used.