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Management of Risk (M_o_R)

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What is it? / How does it work?

M_o_R is intended to help organisations to put in place effective frameworks for taking informed decisions about risk. The guidance provides a route map for risk management, bringing together recommended approaches, checklists and pointers to more detailed sources of advice on tools and techniques. It expands on the OGC Guidelines for Managing Risk.

M_o_R covers a wide range of topics, including business continuity management, security, programme/project risk management and operational service management. These topics are placed in the context of an organisational framework for the management of risk. Some risk-related topics, such as security, are highly specialised and this guidance provides only an overview of such aspects.

The process of investment appraisal, in which assessments are made of costs, benefits and risks, is outside the scope of this guide. However, many of the principles and techniques described here can be used when developing the business case.

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