APM Project Risk Management Level 1 Virtual

By the end of this course, you should:

• Be able to define project risk, project risk management and risk event
• Be able to list the benefits of risk management and possible threats to effective risk management
• Principles – Be able to define threat and opportunity
• Process –  Be able to define the PRAM process
• Initiate – Be able to define project objective, scope, success criteria, stakeholder and stakeholder analysis
• Be able to define risk identification techniques
• Be able to define Probability / impact assessment, Structured risk descriptions, i.e. cause, event and effect, Risk breakdown structures
• Be able to define quantitative risk assessment techniques
• Risk response: Be able to define risk response techniques
• Organisation and control: Be able to define the risk management plan, roles and responsibilities of those involved in the risk management process, the contents of a risk register, risk reviews and project contingency/ management reserve.
• Behaviours - Be able to identify multiple behaviours
• Application - Be able to list the main steps of introduction of risk management to an organisation

• Overview
• Benefits
• Principles
• Process
• Organisation and control
• Behaviour
• Application

This course includes the following:

• All accompanying course material (digital)
• Attendance at a two-day virtual classroom course (Guided Learning)
• 13.5 hours of ILX learning resources (Directed Development)
• APM Risk 1 examination: Must be taken online via remote proctor within 12 months of purchase
• The official manual (APM Project Risk Analysis and Management Guide, 2nd edition; hard copy)

Optional extra

• Pass Protect exam insurance - A cost effective solution, providing insurance and peace of mind if things don’t go to plan with your first exam attempt. For more information and terms and conditions click here

Materials

Digital ILX course materials: These will be accessible via the ILX portal. Full instructions with a link to the portal will be issued at point of purchase. The course materials will be provided in a PDF format and available for download. 

Hard copy official manual: The hard copy official manual will be shipped to your chosen address approximately two weeks prior to course commencement.

Exams are taken online via remote proctor. Two working days prior to course commencement ILX will arrange for an exam voucher to be issued. You will then be able to book a suitable time after your classroom event has finished to undertake your exam. For more information about taking your exam including the exam rules and regulations and to check the technical requirements please click here. 

Note: You are responsible for booking your own exam(s).

Exam format

• One hour
• Contains 60 compulsory multiple-choice questions
• Each correct answer scores one mark
• No deductions are made for incorrect marks
• Pass mark: 60%

This course is aimed at:

• Project Managers
• Programme Managers
• Key project staff involved in risk management

All potential delegates need to undertake a free online project management assessment. This will confirm suitability and readiness for your chosen course and exam. Please watch the APM Learner Suitability video accessible here and then complete the assessment.

If following the results of your assessment you have any questions regarding your suitability or readiness, please email contactus@ilxgroup.com and we will discuss this with you.

There are no formal pre-requisites for this course however the examination assumes that those taking the examination have the level of project risk management knowledge specified in the APM Project Management Qualification syllabus. Those taking the exam are also expected to have read or be familiar with the Project Risk Analysis and Management (PRAM) Guide 2nd Edition.