M_o_R Practitioner: Management of Risk Certification

To mitigate risks, M_o_R (Management of Risk) assists individuals and organisations in identifying, assessing, and controlling risk at the operational levels. However, with professional aid, applying the M_o_R framework is effective. Thus, in the game comes: M_o_R Practitioner.  

The demand for certified professionals across businesses is higher than ever. According to the World Economic Forum’s The Global Risks Report 2022, economic challenges after the pandemic are expected to impact the world significantly. The report stated that the global economy would reduce by 2.3% by 2023 compared to its size before the pandemic. The risks that companies face now will increase, and thus the demand for certified M_o_R Practioners will also rise.   

But what is M_o_R4 Practitioner Certification? How to obtain it? Who is this Certification for? Read the blog to know everything about the M_o_R4 Practitioner Certification. 

Table of Contents 

1) What is M_o_R4 Practitioner Certification? 

2) What is the purpose of M_o_R4 Practitioner Certification? 

3) Who is the target audience? 

4) Pre-requisites for the Certification 

5) Examination format 

6) Conclusion 

What is M_o_R4 Practitioner Certification? 

The M_o_R4 Practitioner Certification is a new addition to the M_o_R® Practitioner Risk Management Certifications. This recent addition replaces the M_o_R Foundation and earlier versions of Practitioner Certifications and deep diving into the Management of Risk principles.

Therefore, the candidates seeking to build a strong career in Risk Management can be out of deep water. They will have to pass the Practitioner exam and obtain M_o_R4 Certification. 

With the growing risks faced by businesses worldwide, join our MoR® Management of Risk course to make a career in the growing field of Risk Management.  

What is the purpose of M_o_R4 Practitioner Certification? 

The 4th Edition of Practitioner Certification allows individuals to showcase their understanding of the fundamentals of Risk Management.  

The certification enables candidates to understand the working of M_O_R. It further allows them to demonstrate their ability to apply and tailor M_o_R® 4 across various practical contexts. Obtaining a M_o_R4 Certification means that the individual can use a M_o_R4-based Risk Management approach to mitigate organisational challenge due to management of Risk and protect its value.

Who is the target audience? 

The M_o_R4 Practitioner Certification is beneficial for the following individuals:  

1) Program or Project Management Professionals  

2) Professionals offering support for effective Risk Management  

3) Risk professionals seeking to adopt best Risk Management practices applicable across regions, sectors, industries and projects 

Pre-requisites for the Certification 

The Foundation and the 3rd Edition of M_o_R Certifications have been removed from the list. This means there are no prerequisites for the 4th Edition of the Practitioner Certificate examination as opposed to previous certification requirements. However, along with obtaining a certification, M_o_R4 Practitioner Training is recommended. It is an 18 hours and three days training that includes appearing for the examination.  

Examination format 

The new M_o_R Practitioner Certification examination comprises the following format: 

M_O_R4 Practitioner Certification renewal 

Just obtaining the Practitioner Certification does not end the quest. The 4th Edition of M_o_R Practitioner Certification requires renewal after every three years. It ensures the candidate is still legally allowed to practice as a Risk Management Professional. 

Conclusion 

Gaining a Management of Risk Practitioner Certification can open many doors for individuals seeking to build a sustainable and robust career. It offers a chance for them to stand out from the other uncertified candidates. Thus, proving themselves to be better candidates. 

Want to become a professional in the Risk Management field? Register for our Certified Risk Management Professional CRMP course now!