PeopleCert MOR (Management of Risk) Foundation exam is designed to validate the candidate's knowledge and understanding of the MOR framework and principles. The exam is based on the MOR manual, which provides a comprehensive guide to managing risk within organizations.
Exam Objectives:
- Understanding of the principles and concepts of risk management
- Understanding of the MOR framework and how it can be applied in different contexts
- Understanding of the roles and responsibilities of individuals and teams involved in risk management
- Understanding of the key techniques and tools used in risk management
- Ability to apply the MOR framework to practical scenarios and case studies
The MOR Foundation exam is ideal for individuals who are involved in risk management or wish to gain a basic understanding of risk management principles. The exam is also suitable for those who work in project management or business continuity management and want to enhance their knowledge of risk management.
Prerequisites:
There are no formal prerequisites for the MOR Foundation exam. However, it is recommended that candidates have some basic knowledge of risk management concepts and principles.
Related Books:
- Management of Risk: Guidance for Practitioners - This is the official manual for the MOR framework and is essential reading for the MOR Foundation exam.
- Management of Risk: Guidance for Practitioners Pocket Book - This is a condensed version of the MOR manual and provides a useful reference guide for the exam.
- Risk Management: Principles and Practices - This book provides a broader overview of risk management principles and may be useful for candidates who wish to gain a deeper understanding of the subject.
Exam Details:
The MOR Foundation exam is a multiple-choice exam consisting of 40 questions. The exam duration is 60 minutes, and the passing score is 26 out of 40 (65%). The exam is delivered online and can be taken at any time from the candidate's own computer. The cost of the exam varies depending on the location and delivery method, but it typically ranges from $200 to $300.
The format of the exam is as follows:
- 40 multiple-choice questions
- 60-minute duration
- Online delivery
- Passing score of 65%
Overall, the MOR Foundation exam is an excellent way to demonstrate your knowledge and understanding of risk management principles and the MOR framework. By preparing well and using the recommended study materials, you can increase your chances of passing the exam and gaining a valuable qualification.