APM Project Risk Management Level 1 Overview and Exam Details

Course syllabus

Exams

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APM Project Risk Management Level 1 Certification Outline

Module 1: General

  • Definitions
  • Background to Project Risk Management

Module 2: Benefits

  • Hard Benefits of Project Risk Management
  • Soft Benefits of Project Risk Management
  • Threats to Effective Risk Management

Module 3: Principles

  • Risk as Threat and Opportunity

Module 4: Process

  • Different Phases of the Pram Process
  • Initiate
  • Identification of Risks
  • Assess
  • Assess Risks Qualitatively and Quantitatively
  • Plan Responses
  • Selection of Appropriate Risk Response Strategies Dependent on Importance of the Risk Event and Cost Benefit of The Response

Module 5: Organisation And Control

  • The Risk Management Plan
  • Responsibilities of Different Roles in The Risk Management Process:
  • Sponsor
  • Project Manager
  • Risk Process Manager
  • Risk Manager
  • Risk Owner
  • Action Owner
  • Control of The Process – Risk Management Plan, Risk Register, Risk Analysis, Risk Status Reports, Risk Reviews, Lessons Learnt
  • Project Contingency or Management Reserve

Module 6: Behaviour

  • Risk Attitude of Individuals
  • The Risk Attitude Spectrum
  • Risk-Averse
  • Risk-Tolerant
  • Risk-Neutral
  • Risk-Seeking
  • Biasing Influences on Individual Risk Attitude – The Triple Strand:
  • Situational Factors
  • Subconscious Factors
  • Affective Factors – Feelings and Emotions
  • Biasing Influences on Group Risk Attitude Including:
  • Groupthink
  • The “Moses Factor” (Or “Follow the Leader”)
  • Risky and Cautious Shift
  • Cultural Conformity Including the Influence of National Cultural Differences

Module 7: Application

  • Introducing Risk Management into an Organisation
  • Getting Buy-In to Risk Management

Module 8: Risk Identification Technique

  • Uses of Different Risk Identification Techniques Such As:
  • Assumptions Analysis
  • Constraints Analysis
  • Checklists
  • Prompt Lists
  • Brainstorming
  • Interviews
  • Swot Analysis
  • Delphi Technique
  • Qualitative Risk Assessment
  • Uses of Different Qualitative Risk Assessment Techniques
  • Prioritisation Of Risks Based on Probability, Impact and Proximity
  • Quantitative Risk Assessment
  • Uses of Different Quantitative Risk Assessment Techniques
  • Risk Response
  • Uses of Different Techniques for Responding to Risks
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APM Project Risk Management Level 1 Exam Information

The APM Project Risk Management Level 1 Certification Exam assesses participants on their understanding of the key concepts, principles, and processes of project risk management. This certification helps individuals gain a solid foundation in risk terminology, risk identification, risk analysis, and effective response planning within a project environment.

  • Type of Questions: Multiple Choice Questions
  • Total Questions: 60 Questions
  • Total Marks: 60 Marks 
  • Pass Marks: 60%
  • Duration: 1 Hour
  • Open Book/Closed Book: Closed Book
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Who Should Attend this APM Project Risk Management Level 1 Course?

This training is suitable for professionals involved in projects who want to strengthen their understanding of Project Risk Management. It is also beneficial for those looking to develop their skills or take on greater responsibilities in managing project risks, including:

  • Project Manager
  • Risk Manager
  • Project Coordinator
  • Business Analyst
  • PMO Analyst
  • Project Team Member
  • Risk Analyst
  • Project Support Officer

Prerequisites for the APM Project Risk Management Level 1 Course

There are no formal prerequisites to attend this APM Project Risk Management Level 1 Training Course. However, a basic understanding of project management concepts can help delegates engage more effectively with the course content.

APM Project Risk Management Level 1 Course Overview

APM Project Risk Management Level 1 provides a structured understanding of Project Risk Management and its importance in supporting successful projects. It covers risk principles, threats and opportunities, the risk management process, and approaches to identifying and assessing project risks.

Delegates will develop skills in qualitative and quantitative risk assessment, selecting suitable risk responses, and understanding risk management roles and controls. They will also gain insight into how individual and group attitudes can influence risk-related decisions.

This 2-Day course by The Knowledge Academy enables delegates to apply structured risk management practices within project environments. They will be better equipped to prioritise risks, select appropriate responses, maintain effective risk controls, and contribute to more informed project decisions.

APM Project Risk Management Level 1 Course Objectives

  • To understand the core principles and processes of Project Risk Management
  • To identify project risks using appropriate risk identification techniques
  • To conduct qualitative and quantitative risk assessments
  • To explore suitable strategies for responding to project risks
  • To examine key roles, responsibilities, and controls in the risk management process
  • To recognise how individual and group attitudes can influence risk management decisions

Learning Outcomes of this APM Project Risk Management Level 1 Course

Upon completing this course, delegates will be equipped with the knowledge and skills to identify, assess, and respond to project risks effectively. They will also be better prepared to apply structured risk management practices and contribute to successful project outcomes.

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What's Included in this APM Project Risk Management Level 1 Course?

  • APM Project Risk Management Level 1 Examination
  • World-Class Training from Experienced Instructors
  • Interactive Learning with 24*7 Support
  • Digital Delegate Pack
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Looking for APM Project Risk Management Level 1 in-house or onsite training in Reading? We specialise in corporate group training and bulk bookings for organisations of all sizes in Reading. Our trainers deliver tailored sessions at your premises, online, or hybrid, with best price guarantee, group discounts and flexible scheduling to train your team.

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Our training experts have compiled a range of course packages on a variety of categories in APM Project Risk Management Level 1, to boost your career. The packages consist of the best possible qualifications with APM Project Risk Management Level 1, and allows you to purchase multiple courses at a discounted rate.

APM Project Risk Management Level 1 in Reading FAQs

What is the APM Project Risk Management Level 1 Certification?

The APM Project Risk Management Level 1 Certification demonstrates knowledge and understanding of Project Risk Management at foundation level. It covers risk principles, identification, assessment, response strategies, roles, controls, and the influence of risk attitudes on decision-making.

Who should attend the APM Project Risk Management Level 1 Course?

This course is suitable for professionals involved in managing or supporting projects who want to strengthen their Project Risk Management knowledge. It can benefit Project Managers, Risk Managers, Project Coordinators, Business Analysts, PMO Analysts, Risk Analysts, and Project Support Officers.

What topics are covered in the APM Project Risk Management Level 1 Training?

This APM Project Risk Management Level 1 Training Course covers Project Risk Management principles and benefits, threats and opportunities, risk identification, qualitative and quantitative assessment, response strategies, and risk management controls. It also addresses risk attitudes, organisational implementation, and techniques for identifying and assessing risks.

Is the APM Project Risk Management Certification recognised globally?

Yes, the APM Project Risk Management Certification is recognised internationally, with a particularly strong reputation in the UK and Europe. It demonstrates structured knowledge of Project Risk Management principles and practices, strengthening professional credibility in risk-focused roles.

How does APM Project Risk Management Level 1 help reduce project risks?

This Project Risk Management Foundation Course helps delegates take a structured approach to identifying, assessing, prioritising, and responding to project risks. This can support earlier risk awareness, more informed responses, and improved control of threats that could affect project outcomes.

Is the APM Project Risk Management Level 1 suitable for beginners?

Yes, this Project Risk Management Certification Course is suitable for beginners who are new to formal Project Risk Management. It develops foundation-level knowledge of risk principles, identification, assessment, response strategies, and risk management controls.

What practical skills will I gain from the APM Project Risk Management Level 1 Course?

Delegates develop practical skills in identifying risks, conducting qualitative and quantitative assessments, prioritising risks, and selecting appropriate response strategies. They also learn to use risk registers, risk reports, reviews, and other controls to support the risk management process.

How long is the APM Project Risk Management Level 1 Certification valid?

This certification does not require renewal once achieved. Delegates can retain the qualification without completing a periodic recertification or renewal process, allowing it to remain part of their professional credentials throughout their career.

How does APM Project Risk Management Level 1 differ from other project management qualifications?

APM Project Risk Management Level 1 focuses specifically on managing uncertainty and risk within projects rather than covering the full range of general project management disciplines. It develops focused knowledge of risk identification, assessment, response, controls, and risk-related behaviours.

What makes the APM Project Risk Management Level 1 Certification a valuable professional qualification?

This certification develops structured knowledge of managing project threats and opportunities. This APM Risk Management Foundation strengthens delegates understanding of risk assessment, response planning, controls, and behavioural influences, supporting more informed risk-related decisions within projects.

Does this course include real-world examples of Project Risk Management?

Yes, this Project Risk Management Foundation Course includes real-world examples to help delegates understand how Project Risk Management principles can be applied in practical project environments. These examples help connect risk identification, assessment, and response strategies with workplace situations.

Why choose The Knowledge Academy in Reading over others?

The Knowledge Academy stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this certification.

What is the cost/training fees for APM Project Risk Management Level 1 in Reading?

The training fees for APM Project Risk Management Level 1 in Reading starts from £1995

Which is the best training institute/provider of APM Project Risk Management Level 1 in Reading?

The Knowledge Academy is one of the Leading global training provider for APM Project Risk Management Level 1.

What are the best APM Training courses in Reading?

Please see our APM Training courses available in Reading

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