IRM Management of Risk and Uncertainty (MoRU)

The benefits of risk training

The ability to identify, understand and manage risk is now recognised as an important and vital leadership skill, critical to running a business, and is a key element in Corporate Governance. Directors have legal responsibilities to report to their shareholders and stakeholders that the organisation is being run properly and that their interests are being protected. Organisations must understand the risks and uncertainty it faces and put in place an effective risk management system

Risk management is not a discipline which is left to one individual or function; it must be embedded into the normal business processes you have in place. An essential element to achieving this is to have appropriately trained staff, something which the Combined Code makes clear. Training helps develop a risk aware culture by harmonising the risk-assessment process across various disciplines and developing key competencies within the management team. Certified competence in a shared process also improves capacity to deliver internal mutual support.

Course offered

IRM Management of Risk and Uncertainty (MoRU) - awarded European Risk Management Awards Special Commendation 2005.

The Management of Risk & Uncertainty (MoRU) course is an excellent start point for risk training. It is a 2 day training programme delivered by IRM approved trainers. MoRU provides a broad introduction to risk management, focusing on understanding the consequences of risk, allowing delegates, with up-to-date case studies, to practice the most common risk techniques and apply the methods of risk treatment and control.

This is offered as a public course but can also be offered as an-in house course just for your business which allows the course to be delivered with a greater focus on your business sector.

About Envex and Risk Management Training

Risk management training for the group is provided by Envex, our sister company. A Director of Envex was part of the team that designed & wrote for the Institute of Risk Management two award winning professional training packages:

• IRM Certificate in Risk Management - winner of the European Risk Management Awards Judges' Special Commendation 2006
• IRM Management of Risk and Uncertainty (MoRU) - awarded European Risk Management Awards Special Commendation 2005

What does the course cover?
Delivered in modules with case studies to support:-

• Introduction to Risk Management
• Risk Assessment, Analysis & Evaluation
• Risk Perception & Communication
• Risk Treatment – Risk Control
• Business Continuity Planning– an overview
• Risk Treatment – Risk Financing
• Corporate Governance, Reporting, Monitoring, Embedding

At the end of the course delegates are invited to take a short assessment paper, and on successful completion will result in the award
of a certificate from the IRM.

Who should attend?

• Directors & Senior Managers with responsibility for implementing systems of corporate governance and internal control

• Professionals who find their role expanding to include the wider remit of enterprise risk management

• Personnel new to the profession of risk management.