All major cards accepted.
Invoice/PO option available in checkout.
Invoice/PO option available in checkout.
Enrol on this course
Please use the region selector at the top of the website if you are purchasing from outside the UK.
Note: *All prices exclusive of VAT.
Overview
This course gives you a clear understanding of project risk management so you can contribute effectively to risk activities and prepare for the APM Project Risk Management Level 1 exam.
What you will gain
- Understand key concepts and terms in project risk management
- Recognise the benefits and challenges of managing risk
- Learn the phases of a structured risk management process
- Know the main roles, documents, and controls in risk management
- Become familiar with common risk identification and assessment techniques
Who this course is for
- Project managers, team members, and PMO staff
- Professionals involved in identifying or managing project risks
- Those with APM PMQ or equivalent project management knowledge
- Anyone seeking the APM Project Risk Management Level 1 certificate
Benefits
Recognised qualification
Gain an APM certificate that shows you understand project risk management fundamentals.
Stronger risk awareness
Learn to spot potential threats and opportunities before they impact your project.
Practical risk process
Understand each phase of a structured risk management process you can apply at work.
Clear roles and responsibilities
See how sponsors, project managers, risk owners, and others contribute to managing risk.
Better decision-making
Use simple qualitative and quantitative techniques to support informed project decisions.
Career development
Strengthen your profile with specialist risk knowledge valued across project-based roles.
Delivery
This course is delivered as live online instructor-led training. You’ll join scheduled virtual classes led by an experienced tutor, with opportunities to ask questions and work through examples together.
Delivery
Duration
Trainer interaction
Start date
Exam
Materials
Access
Learning experience
Course
The APM Project Risk Management Level 1 course focuses on the knowledge you need to understand project risk management and play an active part in risk workshops, reviews, and reporting.
Understand core concepts
Grasp key definitions such as project risk, risk event, threat, and opportunity.
Recognise benefits of risk management
Explain how systematic risk management supports better project outcomes.
Follow a structured risk process
Understand the main phases of the PRAM process, from initiation to response planning.
Know roles and documentation
Describe the purpose of risk management plans, registers, reports, and key roles.
Appreciate human behaviour in risk
Recognise how attitudes, bias, and group dynamics can influence risk decisions.
Use common risk techniques
Show awareness of standard identification, assessment, and response techniques.
Curriculum
The course content is aligned with the APM Project Risk Management Single Subject Certificate – Level 1 syllabus and covers the following topics.
- General concepts of project risk management
- Benefits of project risk management
- Principles of risk as threat and opportunity
- Risk management process and PRAM phases
- Initiate phase – objectives, scope, and stakeholders
- Organisation and control of risk management
- Behaviour and risk attitude
- Application of risk management in organisations
- Risk identification techniques
- Qualitative risk assessment
- Quantitative risk assessment (awareness)
- Risk response techniques
Full curriculum details
General concepts of project risk management
- Definitions of project risk, risk event, and project risk management
- Background and purpose of managing risk on projects
Benefits of project risk management
- Hard and soft benefits of applying risk management
- Typical threats to effective risk management in organisations
Principles of risk as threat and opportunity
- Difference between threats and opportunities
- How both can affect project objectives
Risk management process and PRAM phases
- Overview of the PRAM process lifecycle
- Initiate, identify, assess, and plan responses to risks
Initiate phase – objectives, scope, and stakeholders
- Defining project objectives, scope, and success criteria
- Understanding stakeholders and stakeholder analysis
Organisation and control of risk management
- Purpose of a risk management plan
- Roles and responsibilities in the risk process
- Risk registers, risk reports, reviews, and contingency reserves
Behaviour and risk attitude
- Individual risk attitudes and the risk attitude spectrum
- Situational factors, heuristics, and emotions influencing judgement
- Group effects such as groupthink and cultural factors
Application of risk management in organisations
- Introducing formal risk management into an organisation
- Steps to gain buy-in for risk management practices
Risk identification techniques
- Awareness of techniques such as assumptions analysis, checklists, prompt lists, brainstorming, interviews, SWOT, and Delphi
Qualitative risk assessment
- Purposes of qualitative assessment
- Prioritising risks by probability, impact, and proximity
- Structured risk descriptions (cause–risk–effect)
Quantitative risk assessment (awareness)
- High-level awareness of common quantitative techniques
- Key concepts such as probability distributions and expected value
Risk response techniques
- Responses to threats: avoid, reduce, fallback, share, accept
- Responses to opportunities: exploit, enhance, share, accept
Read more
Exam & certification
What to expect from the APM Risk Management Level 1 exam and how we help you pass.
- Format: Multiple choice (objective test)
- Questions: 60
- Pass mark: 60% (36/60)
- Duration: 60 minutes
- Materials: Closed book
- Prerequisites: None
- Results: 5 business days
- Exam access: Online
Your path to success
Learn
Build solid risk management knowledge through structured online teaching.
Practice
Reinforce learning with examples, questions, and tutor-led discussions.
Pass
Approach the APM level 1 exam confidently with a clear understanding of key topics.
99% pass rate
Our students consistently achieve top results - well above the national average.
Reviews & success stories
Knowledge Train by numbers
25,000+
learners trained across the UK and beyond
20+
years delivering accredited project management training
4.9/5
average rating based on thousands of verified reviews
95%
of customers recommend our courses
15+
years of e-learning design expertise
30+
accredited trainers with 450+ years of combined experience
Trusted by professionals at
Still have questions? Contact us by phone on 0207 148 5985, via live chat, email, or by completing the form below.
How to find us
Knowledge Train
20 Old Bailey, London, EC4M 7AN,
England, United Kingdom.
Call +44 (0)207 148 5985
Opening hours
Monday to Friday – 09:00 to 17:15
Get in touch
APM Project Risk Management Course Overview
The APM Project Risk Management course provides an advanced understanding of risk management principles and methodologies for project professionals. It is designed by the Association for Project Management (APM) to help learners enhance their ability to identify, assess, and mitigate project risks effectively.
What Is APM Project Risk Management?
APM Project Risk Management training focuses on managing uncertainty within projects through qualitative and quantitative analysis. A APM Project Risk Management course helps you learn to apply structured techniques to ensure risks are identified early and managed throughout the project lifecycle.
Who Should Take This APM Project Risk Management Course?
This APM Project Risk Management course is suitable for project managers, risk consultants, and professionals aiming to gain certification in risk management. The APM Risk course provides valuable knowledge for those seeking to strengthen governance, leadership, and project delivery capabilities.
Understanding Project Risk And Risk Management
Project risk management involves systematically identifying, analysing, and responding to risks that may impact project objectives. Project risk management helps ensure projects achieve their goals within time, cost, and quality constraints.
What Are The Types Of Project Risks?
Project risks can include technical, financial, and organisational factors. Effective risk assessment requires both qualitative analysis and quantitative methods to evaluate probability and impact.
How Does Risk Management Support Projects?
Good risk management provides decision-makers with insights that improve planning and control. It enhances communication between teams, stakeholders, and leadership.
Why Is Risk Identification Important?
Early risk identification helps teams develop response plans that minimise potential disruptions. The process contributes to better governance and accountability within project management.
APM Risk Management Methodologies
The APM risk management methodology integrates principles from the Project Risk Analysis and Management (PRAM) guide. PRAM promotes consistency in identifying project risks and developing appropriate mitigation strategies.
Qualitative And Quantitative Risk Analysis
Qualitative risk analysis prioritises risks based on likelihood and consequence, while quantitative analysis uses numerical models to measure impact. Both approaches provide valuable data for informed decision-making.
Risk Response And Mitigation Techniques
Risk response strategies may include avoidance, transfer, reduction, or acceptance. Each method aims to reduce uncertainty and enhance project performance.
Integrating Risk Management Into Project Governance
Integrating risk management within project governance ensures accountability and alignment with organisational objectives. It creates a culture of proactive risk awareness and continuous improvement.
APM project risk management course – Learning Formats And Certification
The APM project risk management course is available through multiple learning formats including e-learning, online courses, and virtual classroom sessions. APM risk management learners can choose flexible options that suit their schedule and preferred mode of study.
What Does The Online APM project risk management Training Include?
The online APM project risk management training includes interactive modules, expert-led discussions, and practical exercises. The course ensures that learners apply theoretical knowledge to real-world project management risk analysis scenarios.
How Is This Project Risk Management Course Assessed?
Assessment of this APM Risk Course is typically completed through an examination that tests understanding of risk concepts, analysis techniques, and mitigation approaches. APM Project Risk Management Exams validate the learner’s ability to apply principles effectively in professional contexts.
Benefits Of APM Risk Management Certification
APM Risk Management certification demonstrates professional competence and enhances employability in project management roles. It also supports continuous professional development and recognition by employers.
Developing Practical Risk Management Skills
This APM Project Risk course builds practical skills in project risk assessment, analysis, and mitigation. Learners gain experience in applying APM methodologies to assess uncertainty and manage project outcomes.
What Skills Will You Gain From The APM Project Risk Course?
APM Project Risk Management course learners will develop abilities in leadership, communication, and decision-making. They will become proficient in using risk tools and techniques to support effective project delivery.
Applying Risk Management In Real Projects
Participants learn how to integrate risk management into project plans and use data-driven insights to guide project execution. The course promotes adaptability through iterative and incremental learning.
Examples Of Effective Risk Mitigation
Examples include contingency planning, stakeholder engagement, and regular reviews of risk registers. These practices strengthen resilience and improve project outcomes.
APM Project Risk Management Training Outcomes
Upon completion, learners gain an in-depth understanding of project risk management certification standards and best practices. The Risk Management training supports both individual growth and organisational capability.
How Does This Course Benefit Employers?
Employers benefit from staff who can identify and manage project risks effectively. The course enhances the organisation’s ability to deliver projects successfully under varying conditions.
Progression After The APM Risk Management Course
After achieving APM Project Risk Management certification, learners may progress to advanced APM qualifications such as the APM Project Professional Qualification (PPQ). This supports lifelong learning and professional advancement in project management.
Key Takeaways From The APM Project Risk Management Training
The APM Project Risk Management qualification equips learners with practical knowledge of project risk management concepts, methodologies, and analysis tools. It promotes excellence in managing uncertainty across diverse projects.
- Enhances understanding of project risks
- Strengthens leadership and governance skills
- Improves decision-making through risk analysis
- Supports professional qualification and certification
- Applies APM project risk management principles