It is now becoming increasingly evident that a well structured approach to the Management of Risk is essential when organizations have to make informed decisions with regards to improving performance through change initiatives.
Risk is uncertainty of outcome: it is posed by any eventuality that may occur and that may affect an organization’s ability to meet its business objectives. In these uncertain times Managing Risk is crucial to business success.
Every organization manages risk, but not always in a way that is visible, repeatable and constantly applied to support decision making. Recent developments have seen heightened concern and focus on Risk Management, and it became increasingly clear that a need exists for a robust framework to effectively identify, assess, and manage risk.
What M_o_R is all about
A certain amount of risk taking is inevitable if your organisation is to achieve its objectives. Effective management of risk helps you to improve performance. Management of risk is critical to organisational success. Informed risk-taking helps to improve performance through innovative approaches for managing the business, service delivery and value for money. Thus we need to improve the implementation of risk management practices.
What the structure of the M_o_R exam is
Foundation Exam: A multiple-choice paper containing 45 questions to be answered in 45 minutes. This is a closed-book examination.
Practitioner OTE exam: This Practitioner examination is an objective marking style, open book paper. The paper will consist of 9 questions with a scenario background and is 3 hours long (including reading time). The exam paper has a total of 180 marks available and candidates need to achieve a mark of 90+ to pass the paper.
When the certificate will be received
A Foundation Certificate will be dispatched to you approximately 2 weeks after we have received your exam paper back into our offices if you only took the Foundation exam.
A Practitioner Certificate will be dispatched 2 weeks after the Practitioner results have been released.
Please note that if you have taken your examinations via an ATO; the certificates will be dispatched to the ATO. Therefore if you have not received your certificate in the above time frames please contact the ATO directly who can contact the APM Group on your behalf for a replacement.
Pass marks for the M_o_R Examinations
Foundation Examination: You will need to score 23 out of 45 to pass the Foundation Examination.
Practitioner Essay Examination: You will need to score 50 out of 100 to pass the Practitioner Examination.
Practitioner OTE Examination:You will need to score 90 out of 180 to pass the Practitioner Examination.
Below is the general course outline of our Risk Management training program. Every course contains classes where the delegates take mock exams and examine practical case studies.
Every course also features a Longhall Consulting Business Productivity Tool (BPT), which though not part of the course instruction required for examination, they are however useful as they arm our clients with tools that will not only make them better managers but also improve the quality of their ouput in the work place.
LONGHALL CONSULTING RISK MANAGEMENT GENERAL COURSE OUTLINE
Introduction to Risk Management
Management of Risk Principles
Management of Risk Approach
Management of Risk Process
Embedding and Reviewing
Management of Risk Perspectives
Enterprise Risk Management
Management of Risk Tools and Techniques
Longhall Consulting Business Productivity Tool (BPT): Balanced Scorecard