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.
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.
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
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.
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
Frequently asked questions
See all of our FAQsHow can I create an account on myQA.com?
There are a number of ways to create an account. If you are a self-funder, simply select the "Create account" option on the login page.
If you have been booked onto a course by your company, you will receive a confirmation email. From this email, select "Sign into myQA" and you will be taken to the "Create account" page. Complete all of the details and select "Create account".
If you have the booking number you can also go here and select the "I have a booking number" option. Enter the booking reference and your surname. If the details match, you will be taken to the "Create account" page from where you can enter your details and confirm your account.
Find more answers to frequently asked questions in our FAQs: Bookings & Cancellations page.
How do QA’s virtual classroom courses work?
Our virtual classroom courses allow you to access award-winning classroom training, without leaving your home or office. Our learning professionals are specially trained on how to interact with remote attendees and our remote labs ensure all participants can take part in hands-on exercises wherever they are.
We use the WebEx video conferencing platform by Cisco. Before you book, check that you meet the WebEx system requirements and run a test meeting (more details in the link below) to ensure the software is compatible with your firewall settings. If it doesn’t work, try adjusting your settings or contact your IT department about permitting the website.
Learn more about our Virtual Classrooms.
How do QA’s online courses work?
QA online courses, also commonly known as distance learning courses or elearning courses, take the form of interactive software designed for individual learning, but you will also have access to full support from our subject-matter experts for the duration of your course. When you book a QA online learning course you will receive immediate access to it through our e-learning platform and you can start to learn straight away, from any compatible device. Access to the online learning platform is valid for one year from the booking date.
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.
Learn more about QA’s online courses.
When will I receive my joining instructions?
Joining instructions for QA courses are sent two weeks prior to the course start date, or immediately if the booking is confirmed within this timeframe. For course bookings made via QA but delivered by a third-party supplier, joining instructions are sent to attendees prior to the training course, but timescales vary depending on each supplier’s terms. Read more FAQs.
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.