Overview

A significant characteristic of any project is that it is subject to high degrees of uncertainty which translates to risk. The effective management of risk is recognised as a major factor for success on any project. This two day course covers the benefits of managing project risks, and the principles underpinning effective risk management, including the process and its application, organisational and control aspects.

The exam syllabus is primarily based on the APM BoK, the APM PRAM Guide, and BS6079 Parts 1 & 3

The Association for Project Management (APM) is the UK's leading professional body for Project Managers and as such the APM Risk management Qualification is recognised as a valuable asset for any project or programme manager.

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Prerequisites

Delegates should have a good understanding of project management and a basic understanding of the fundamental concepts of project risk management.

Ideal candidates for this course include those who are involved in project risk management (at any level) and / or hold the Association for Project Management APMP qualification. Please note - there are no formal certification prerequisites for this course.

Pre-Course Learning

APM recommends that candidates complete 13 hours of independent study in addition to your course.

Delegates are instructed to complete a number of activities that will make your course more enjoyable and increase the likelihood of a successful exam result. These activities will include the study of selected chapters of APM’s PRAM Guide which will be sent to you approximately 10 days before your course starts.

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Learning Outcomes

At the end of this course you will be able to:

  • state the key principles of risk management
  • understand the need for and be able to write good risk descriptions
  • plan effective risk reduction actions
  • use a wide range of techniques to keep the process active
  • apply risk management at both the project and portfolio (programme) level
  • apply quantitative assessment techniques to project schedules
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Course Outline

The course uses project scenarios and case-studies supported by accelerated-learning techniques to ensure that theory is embedded and delegates feel confident in the practical application of effective project risk management.

The course covers the following syllabus areas:

  • Overview of project risk management
  • Initiation - Define and Focus
  • Risk identification
  • Qualitative risk analysis
  • Risk planning, assessment and reporting
  • Programme and corporate risk management
  • Quantitative risk analysis including advanced quantitative risk analysis
  • Human and cultural dimension in risk management

APM Risk Certificate Level 1 Examination

The examination will take place at 16:00 on the second day of the course.

Key exam information:

  • One hour long
  • Closed book
  • 60 multiple-choice questions
  • 50% pass mark

Throughout the APM Risk Certificate Level 1, delegates will be exposed to numerous examples of examination questions. We will undertake a number of exercises and 'question-and-answer' sessions that will help to consolidate the learning, thereby ensuring that delegates are more than adequately prepared for the final examination.

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Special Notices

Delegates attending this class remotely will sit their online exam on the final day of the class at 14.30. You will receive an email from QA’s Exam administration team advising the exam detail and the technical requirements/exam guidance and rules. Once processed, you will receive an email directly from the APM confirming the details of the exam session and a link to access the online test.

Project Management learning paths

Want to boost your career in project management? Click on the roles below to see QA's learning pathways, specially designed to give you the skills to succeed.

= Required
= Certification
Project Team Member (APM)
Project Team Member (PMI)
Project Manager (APM)
Project Manager (PMI)
Programme Manager
Change Manager
PMO
Risk Professionals
Portfolio Manager
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All courses are built around case studies and presented in an engaging format, which includes storytelling elements, video, audio and humour. Every case study is supported by sample documents and a collection of Knowledge Nuggets that provide more in-depth detail on the wider processes.

When will I receive my joining instructions?

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When will I receive my certificate?

Certificates of Achievement are issued at the end the course, either as a hard copy or via email. Read more here.

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