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Course type: Virtual
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APM Project Risk Management Level 1 Virtual

Experience the benefits of world-class teaching that enables you to interact with both the trainer and the others in the class, all without having to leave your house!

Course overview

About the course

This two-day virtual course helps prepare you for the APM Project Risk Management level 1 examination which is designed to determine an individual’s knowledge and understanding of project risk management at the foundation level. 

Learning plan

You must review the learning plan for essential details related to this course. It provides valuable information enabling you to fully understand the commitment required to meet the assessment criteria and complete the ILX course.

Course format

This course includes:

  • Attendance at a two-day virtual classroom course (Guided Learning)
  • 13.5 hours of ILX learning resources (Directed Development)

Duration

Please be advised that the APM recommends approximately 34 hours preparation time for the  APM Risk 1 examination. You must:

  • Attend a two-day virtual classroom course (Guided Learning)
  • Complete 13.5 hours of additional learning resources to help support exam preparation (Directed Development)

All learning must be completed prior to taking the exam.

The training is conducted via a virtual training environment. You need to ensure that you can satisfy the technical requirements that can be found on our website here.

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
  • 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)

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

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.

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