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
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
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
- 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[email protected]: Multiple choice (objective test)
- Questions +44 (0)207 148 5985
- DurationPractitioner: 60 minutesAssociation for Project Management (APM)
- MaterialsProject Fundamentals Qualification (PFQ): Closed bookProject Management Qualification (PMQ)
- PrerequisitesProject Risk Single Certificate Level 1: NoneAgilePM
- Results®: 5 business days – Agile Project Management
- Exam accessFoundation: OnlinePractitioner
Your path to successPRINCE2
® Learn Agile Foundation
Build solid risk management knowledge through structured online teaching.Practitioner
AI Project Governance Framework (AIPGF)
Foundation Practice Practitioner Better Business Cases
Reinforce learning with examples, questions, and tutor-led discussions.™
Foundation
Practitioner Pass House of PMO Essentials House of PMO Essentials for Administrators
Approach the APM level 1 exam confidently with a clear understanding of key topics.
99% pass rateHouse of PMO Essentials for Analysts
Our students consistently achieve top results - well above the national average.House of PMO Essentials for Managers
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FAQsFoundation & Practitioner
Do I need any previous experience or prerequisites to study the APM Project Risk Management course?PROGRAMME MANAGEMENT
MSP ®The APM Project Risk Management Level 1 course has no formal prerequisites, so you can enrol without holding any prior qualifications or project management experience.Foundation
The course is accredited by the PractitionerAssociation for Project Management (APM)INFORMATION TECHNOLOGY (IT), the chartered body for the project profession in the UK, and the qualification is designed to be accessible to a wide range of professionals. That said, the course is most suited to those who already work in or around projects, because the concepts and techniques covered will be easier to contextualise with some workplace exposure.ITIL
The APM Project Risk Management Level 1 course is particularly well matched to:®
- Project managers and team members who want to formalise their understanding of riskFoundation
- PMO staff responsible for supporting or overseeing risk processesProduct
- Professionals involved in identifying or managing project risks in any capacityService
(Project Risk Analysis and Management) process, risk identification and assessment techniques, and risk response strategies. Official study materials and sample papers are included, giving candidates realistic practice before sitting the exam.
Tutor support is also available by email for up to three months after the course ends, which can be useful if a candidate needs time before scheduling their exam sitting.
When will I receive my APM Project Risk Management exam results and certificate?
Candidates receive their APM Project Risk Management Level 1 exam result immediatelyBETTER BUSINESS CASES COURSES after completing the online multiple-choice exam, with the official PDF certificate typically arriving by email within Select your preferred training course below:4 to 5 days , though the formal processing window is up to 2 weeks.P3O COURSES
Here is a summary of the results and certification timeline:Select your preferred training course below:
- Immediate result: Your pass or fail outcome is displayed on screen as soon as you finish the 60-minute, 60-question exam.WORKSHOPS
- PDF certificate by email:Select your preferred workshop below: Most candidates receive their official APM certificate within 4 to 5 days of sitting the exam.
- Maximum processing time:AGILE QUALIFICATIONS The formal window for receiving the official result and PDF certificate is up to 2 weeks.Select your preferred qualification.
The exam is taken online and is closed book, with a pass mark of 60% (36 out of 60 questions). Because the result is available immediately, candidates do not need to wait before knowing whether they have achieved the APM Project Risk Management Level 1 qualification.
The APM Project Risk Management Level 1 certificate is awarded by the AGILE PROJECT MANAGEMENT COURSES
Still have questions? Contact us by phone on 0207 148 5985, via live chat, email, or by completing the form below.HOUSE OF PMO ESSENTIALS COURSES
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How to find us
Knowledge TrainKnowledge Train is a PRINCE2 Accredited Training Organization.
20 Old Bailey, London, EC4M 7AN,
England, United Kingdom.Knowledge Train is an AgilePM Accredited Training Organization.
Call +44 (0)207 148 5985Knowledge Train is a PRINCE2 Agile Accredited Training Organization.
Opening hours
Monday to Friday – 09:00 to 17:15Knowledge Train is a Better Business Cases Accredited Training Organization.