Subjects assessed through the risk management certificate examination include risk management terminology, strategies, processes, roles and responsibilities including ownership. During the exam, candidates will be required to demonstrate knowledge of risk management practice and appreciation of risk prioritisation, planning, assessment and reporting.
The course is designed to achieve four complementary objectives:
improve project risk management practice in the workplace
enable project teams to manage risk within the organisational context
improve individual skills and organisational capability in risk management
achieve recognition through the APM Risk Management Qualification
The course includes interactive lectures, case studies, exercises, revision tutorials and practice questions. Key topics covered include:
Risk Strategies – defining and applying risk management plans appropriate to stakeholder needs, the project context and its life cycle.
Risk Process - identifying and documenting project risks, evaluating impact on project objectives, deciding ownership, defining response options, conducting risk response trade-offs and implementing risk responses.
Risk Organisation - defining key roles to be performed by project stakeholders, including important organisational relationships.
Governance - the governance of risk management within the context of a project, including setting realistic objectives, planning and control. Includes risk reviewing, auditing, health checking and continuous improvement.
Behavioural influences - human behaviour in project risk scenarios, appropriate management strategies, effective leadership and integration.
Course Material
The APM Guide to Project Risk Analysis and Management and a comprehensive course manual is provided including topics, revision exercises and exam practice questions.
Exam
The 3 hour written exam takes place on the morning of day five.
Duration:
5 days including exam
Suitable for:
Project sponsors, executives, managers, programme managers, risk managers, risk facilitators, project support staff involved in risk management, contracts and procurement managers, quality assurance managers.
Pre-requisites:
Course delegates should be familiar with the latest versions of the APM Body of Knowledge and APM Project Risk Analysis and Management Guide. In addition, candidates should have a basic understanding of the principles of project risk management, either through an appropriate introductory course, ICPM or APMP qualifications.
Objectives:
By the end of the course delegates will be able to lead project risk management activities and:
define risk management terms
explain the purpose of risk management in projects
explain key activities required for managing project risks
explain relationships between risk management and governance of projects
explain key roles performed by project stakeholders and team members in managing project risk
Specifically, they will be able to:
define appropriate project risk management strategies, processes and documentation
identify, evaluate and implement responses to project risks
define overall project risk and exposure levels
monitor, escalate and report risks and progress
conduct risk reviews and audits
- Available from April 2009