As the pace of modern business accelerates, the organizations that thrive are the ones that are prepared for regular disruption. Risk management experts are in increasing demand and obtaining an official qualification can help you prove your ability to help organizations deal with unexpected changes.
M_o_R (Management of Risk) is a highly respected certification managed by AXELOS, the accrediting body behind globally renowned frameworks like ITIL and PRINCE2. The M_o_R syllabus qualifies its holders to assess a range of risks from multiple perspectives and implement best practices.
If your goal is to become a qualified risk management expert, you’ll need to take the M_o_R Foundation and Practitioner exams. We’ve prepared some tips to make sure you enter them ready to pass.
1. Study the course materials carefully
If you want to pass the exam on your first try, you’ll need to learn the course materials thoroughly beforehand. Bear in mind that M_o_R is not as well-known as frameworks such as ITIL or CISA, so there are fewer online resources and self-study guides available. Make sure you canvas all the resources you can.
If you choose self-study, your primary resource will be AXELOS’ Guidance to Management of Risk, which is available to buy on their website. This handbook contains all the material you’ll need to know for the exam. There is no requirement to attend a training course before taking the exam, so this may be the route for you if you want to proceed with minimal up-front costs.
However, the book does not distinguish between Foundation and Practitioner knowledge, so if you’re relatively new to M_o_R you may find it hard-going. The book is intended as a reference book and not a study guide, so the information is not arranged with learning in mind. Readers who do not already have some risk management experience may find it difficult to parse.
Taking an online course, such as our M_o_R Foundation course, is an excellent alternative to self-study. Our courses will help you proceed through course materials in a logical way while regularly testing your knowledge. They are designed by e-learning specialists and are guaranteed to contain all the knowledge needed for the exams. This is especially helpful in the case of frameworks such as M_o_R, whose unofficial study resources are less developed than those of other frameworks.
2. Give yourself enough time to study
As with any exam, the best approach is to begin early and study consistently. The amount of time needed to prepare for the M_o_R exam varies from student to student, but we generally recommend setting aside at least six months to prepare.
If you aren’t taking a structured online course, it’s crucial to create a logical revision timeline for yourself. The M_o_R syllabus contains a large amount of information, and it can be overwhelming to try and tackle it all at once.
If you are taking an online course, check the duration of each module, and be realistic about how much time you can spend per week. Bearing that in mind will help you create a study schedule leading up to the exam.
3. Do sample papers
Practice papers are a great way to familiarize yourself with the layout, format, and time controls of the exam proper. They’re one of the best ways of refining your time management and working out how long to allocate to each question.
Taking mock exams also helps you consolidate your knowledge and pinpoint areas that are holding you back. When you take a mock exam, it’s essential to go over the questions you got wrong and review those subject areas before moving on.
If you’re enrolled in our M_o_R course, you’ll also have the Good e-Learning support team available to work through any problem areas. You can talk to our specialists about modules you’re having trouble with, or ask for feedback on your exam scores.
Our online training courses come with official practice exams included, but it’s also worth searching the web for other practice papers you can take.
4. Plan your exam time
Make sure in advance that you’re familiar with the exam format.
M_o_R Foundation Exam
- The M_o_R Foundation exam is one hour long
- It consists of 75 multiple choice questions
- The pass mark is 50%
- The exam is closed book
M_o_R Practitioner Exam
- The M_o_R Practitioner exam is three hours long
- It consists of four in-depth questions, each worth 20 marks
- The pass mask is 50%
- The exam is open book
If you want to score top marks, you should make sure you go into the exam knowing how you will structure that time.
Spend a few moments at the start of the exam familiarizing yourself with the questions and working out how long to spend on each one. For the multiple-choice exam, it can be helpful to set a limit on how long you’ll allow yourself for each question. For the Practitioner exam, you need to ensure you don’t leave yourself too little time to write your final answer.
5. Tab and annotate your study resources
The M_o_R Practitioner exam is markedly more complex than the Foundation exam. Luckily, it’s open book, so making sure you go in with well-prepared study resources will go a long way to closing the difficulty gap.
The critical resource here is the AXELOS Guidebook to Management of Risk. Before going into any open book exam, you should tab each chapter, highlight key areas, and be ready to open the book to the relevant section as necessary. Having your own annotations may also help you remember ways of presenting information, or understand areas you had trouble with while studying.
Having your study materials properly prepped will allow you to proceed through the exam with confidence, knowing you have a safety net if you get stuck. Of course, the better you know the material beforehand, the less you’ll have to rely on the materials during the test.
FAQs
Is the M_o_R exam difficult?
If you’ve followed the steps above, you should have no difficulty passing either M_o_R exam.
How do I qualify for the M_o_R exams?
There are no prerequisites for sitting the M_o_R Foundation exam, but it’s worth becoming familiar with the M_o_R certification path before beginning your course of study.
You should also double-check that this is the right certification path for you: the M_o_R qualification is most relevant to risk managers, business change managers, programme and project managers, and operational staff and managers.
Who runs the M_o_R exam?
AXELOS is the certification body that manages M_o_R. AXELOS is a well-known institution that also manages popular frameworks such as ITIL and RESLIA.
Why study for the M_o_R exams with Good e-Learning?
Good e-Learning is an award-winning online training provider with a comprehensive suite of fully certified online training courses. Each of our courses is developed with guidance from leading subject matter experts.
Our M_o_R courses offer various online training resources, including expert-led videos, interactive knowledge checks, and practice exam simulators. An exam voucher is included in the price, and candidates are eligible for free resits via Exam Pledge – though most of our students pass on their first attempt!
Want to find out more? Visit the Good e-Learning website, or contact a member of our team today.