M_o_R Certifications - Risk Management

Purpose of the Foundation Certification

The purpose of the Foundation certification is to confirm that a candidate has sufficient knowledge and understanding to contribute to the identification, assessment and control of risks across any organizational perspective. Their understanding will include the four elements of the M_o_R framework and how these support corporate governance.

The Foundation certification is also a pre-requisite for the Practitioner certification.

Target Audience

M_o_R Foundation is suitable for any organization or individual seeing the need for guidance on a controlled approach to identification, assessment and control risk at strategic, programme, project and operational perspectives. The Foundation certification is aimed at:

• Business Change Managers
• Programme and Project Managers
• Risk Managers
• Business and Programme and Project Support staff and managers
• Operational staff and managers
• Staff and managers from other disciplines, particularly those responsible for establishing standards and/or integrating them with MoP portfolio management, MSP programme management and PRINCE2 project management.

Examination Format

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

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Purpose of the Practitioner Certification

The purpose of the Practitioner certification is to confirm whether the candidate has achieved sufficient understanding of how to apply and tailor M_o_R in a scenario situation. A successful Practitioner candidate should, with suitable direction, be able to start applying an M_o_R approach to any organizational perspective but may not be sufficiently skilled to do this appropriately for all situations. Their individual risk management expertise, complexity of the organizational context and the support provided for the use of M_o_R in their work environment will all be factors that impact what the Practitioner can achieve.

Target Audience

This certification is aimed at anyone working within a corporate governance environment that has responsibilities for identifying, assessing, planning, or managing risks, or reporting on risk management activities across the organization.

Examination Format

• Objective testing
• Four 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 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.

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If you are an M_o_R Practitioner, you are required to sit an additional re-registration examination within three to five years of your original certification in order to retain the accreditation. Taking the re-registration examination also enables you to demonstrate their commitment to Continuing Professional Development and that your knowledge of M_o_R remains current.

If you have only passed the Foundation examination, you are not required to re-register.

Examination Format

• Objective-testing format
• 90 minutes duration
• Open book - candidates may make use of the Management of Risk: Guidance for Practitioners (the Management of Risk guide) published by TSO, together with the AXELOS guidance document ABC Consulting Ltd. Sample Risk Documents and Worked Examples of some of the Common Techniques. No other material other than the Question Booklet, the Scenario Booklet and the Answer Booklet can be used
• Contains 2 questions (each worth 20 marks)
• A total score of 20 out of 40 (50%) is required to pass.

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