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PRINCE2® Risk Management Practitioner (Version 3)

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English

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Course overview

This globally recognised Practitioner course will help you build your capacity to assess, plan, and respond to risks strategically, enhancing your ability to support organisational resilience. You will gain a deeper understanding of the PRINCE2 Risk Management framework, formerly known as M_o_R®, and feel empowered to practically apply the guidance for improved knowledge retention.  

Advance your risk management expertise

This course will ensure you can confidently manage complex risks and develop a risk management strategy that’s aligned to business objectives. Learn the skills and knowledge for identifying, assessing, and responding effectively to risks, and the tools and techniques needed to implement the framework effectively. 

Learning objectives

Apply and understand how to tailor PRINCE2 Risk Management effectively within your business. The Practitioner course will ensure you: 

  • Understand the relationships between the four elements of the framework 
  • Know how to apply the principles, approach, processes, and techniques 
  • Can review and make recommendations to embed PRINCE2 Risk Management
  • Learn how to create and assess any of the framework documents 

What you'll learn

The PRINCE2 Risk Management Practitioner (Version 3) course builds on the Foundation element, teaching you to apply advanced risk management principles in real-world scenarios. You’ll enhance your skills in assessing complex risks, developing strategic responses, and embedding practices across projects and portfolios, equipping you to drive resilience and informed decision-making. 

Embed the framework

This Practitioner course provides you with practical skills for embedding the PRINCE2 Risk Management (Version 3) framework effectively within your organisation. Through in-depth training on the core principles and processes, you’ll learn to integrate a consistent risk management approach within your projects, programmes, portfolios, and operational activities. This course also covers techniques for fostering a risk-aware culture, engaging stakeholders, and proactively responding to risk. By the end, you’ll be able to drive a cohesive approach to risk that aligns with business objectives and supports long-term resilience. 

Review the entire PRINCE2 Risk Management approach

Gain a comprehensive understanding of the approach and discover how to tailor risk management practices to your organisation’s unique needs. You’ll learn to develop effective risk policies, set clear processes, define roles, and create supporting documentation, all aligned with strategic objectives. By mastering these elements, you’ll gain the skills to implement a customised, practical approach that promotes consistency, accountability, and resilience across all levels of the organisation. 

Tailor the framework

You will learn how to tailor the framework helping you create a risk management strategy that supports your business’s specific goals, culture, and environment, making it more relevant and effective. By customising risk policies, processes, and roles, you can ensure consistency, enhance accountability across teams and improve decision-making. 

What's included
  • Accredited PRINCE2 Risk Management Practitioner (Version 3) training 
  • PRINCE2 Risk Management Practitioner (Version 3) exam 
  • Tutor support 
  • Further optional extras, including Take2 exam insurance, available at checkout 

Key facts

Certification

PRINCE2 Risk Management Practitioner    

Who’s it for   

Business Change Managers, Project and Programme Managers, Risk Managers, project and programme support staff, operational staff and managers 

Prerequisites

Ideally you will have an understanding of risk management. You must also have passed the PRINCE2 Risk Management Foundation (Version 3) qualification. 

Exam information

Three hours, open book (PRINCE2 Risk Management guidance book and part A of the ABC guidance is allowed), four questions, 50% pass mark, online exam via remote proctor.   

Optional extras

Official PRINCE2 Risk Mangement (Version 3) manual, Take2 exam insurance.   

Pre-course

Mandatory online pre-course if you select classroom or live virtual classroom study options 

FAQs

This course builds on your foundational knowledge, teaching practical skills for effective risk management in complex scenarios. 

Does PRINCE2 Risk Management Practitioner (Version 3) expire?  

Yes, you have to renew your certification within three years of the award date to remain current. There are multiple ways to recertify, more information regarding the options can be found on the PeopleCert website.   

Who should take the PRINCE2 Risk Management Practitioner (Version 3) course?

This course is ideal for professionals who are responsible for corporate governance and the organisation’s overall exposure to risk. It is also suitable for risk managers, project managers, programme managers, and professionals working in operations who are responsible for the on-going continuity of business services. Obtaining this certification will validate your advanced skills improving your effectiveness and career prospects. 

How long does it take to complete PRINCE2 Risk Management Practitioner?

Both the classroom and live virtual classroom study options are two-day courses. You have 12 months from the purchase date of the course to take your exam for all study options.   

What is the pass mark for this Practitioner exam?  

The exam consists of four questions and is three hours in duration. There are 80 marks available, and the pass mark is 50%, which means you need to achieve a total of 40 marks or more to pass. 

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