What is m_o_r?

Management of Risk (M_o_R) is a framework for managing risk in organizations. It provides a structured approach to identifying, assessing, and controlling risks to achieve successful outcomes. M_o_R helps organizations make informed decisions about risks and prioritize actions to minimize potential threats.

The framework is based on four core principles:

  1. Aligning risk management with organizational objectives
  2. Focusing on the identification and assessment of risks
  3. Using a structured approach to managing risks
  4. Continuously reviewing and improving risk management processes

M_o_R also defines several roles and responsibilities for managing risk within an organization, including risk owners, risk managers, and risk coordinators.

Overall, M_o_R is designed to help organizations proactively manage risks to achieve their objectives and deliver value to stakeholders. It can be applied to a wide range of scenarios, from project management to strategic planning.