APM Project Risk Certificate Level 1 Workshop

Course Overview

Risk Management is recognised as a key competence by delivery based organisations. Professional credentials have become increasingly more important, so individuals and organisations alike are now seeking formal demonstration of these credentials through accredited examinations. This 1-day event prepares candidates for the APM’s Level 1 Certificate in Risk Management and presents the opportunity to sit the exam.

Audience

Anyone in a project environment who wants to formally demonstrate risk management capability. Candidates should have a working knowledge of Project and Risk Management (equivalent to APMP level) and ideally have attended a 2-day Project Risk Analysis and Management training event.

Skills Gained

By the end of the event, delegates will have:

• Prepared for the types and format of questions in the Level 1 Certificate in Risk Management.
• Revised key knowledge areas examined by the Certificate.
• Completed the Level 1 Certificate in Risk Management

Examinations

This 1-day event prepares candidates for the APM’s Level 1 Certificate in Risk Management and presents the opportunity to sit the exam.

Course Outline

This highly interactive event is modified to suit the needs of individuals present but is likely to include:

• Introductions and Expectations
• Practice with APM sample paper
• Review of Exam Syllabus including:
• Risk Attitudes (Seeking, Avoidance, Neutral)
• Cultural Influences of Attitude to Risk
• Heuristics
• Contents of a Risk Management Plan
• Risk Identification Techniques
• Risk Analysis with the PI Grid and Monte Carlo Simulation
• Contents of a Risk Analysis Report
• Assessment Techniques (Decision Trees, PERT, Sensitivity Analysis)
• Review of Different Probability Distributions and Features
• Calculation of Mean, Mode, Median and variance
• Calculation of NPV and IRR
• Strategies for getting reluctant owners to Manage Risks
• Process for Regular Risk Reporting
• Risk Owners
• Practice examination

• Examination (1 hour at about 2:30pm)

APM Project Risk Certificate Level 1 Workshop / cm64987