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Risk Management Practice

Description:

This one day course is accredited by the Association for Project Management (APM).

The Association for Project Management has introduced risk management as a skill course and has provided a Knowledge and a Practitioner skill course in Risk Management. Both these risk management courses are designed to build on the knowledge gained in the Association for Project Management foundation qualification, the APMP, but it will not be essential to have completed the APMP prior to completing these risk management courses. These course are based upon the PRAM Guide – 2nd edition and lead to what are known as specific qualifications (SQ) which comprise two parts – knowledge and practice. We offer here the second of these courses – Risk Management Practice.

While the Knowledge course covers all the knowledge required to successfully complete the RMSQ examinations on knowledge and practice, the Practitioner’s examination also seeks to test your practical experience. Therefore, the Practitioner’s course attempts to provide an understanding of the practice of risk management in projects and business. You will need some experience as well as the knowledge to successfully complete the Practitioner’s examination.

The Practitioner’s course anticipates that you have completed the risk management knowledge course and are therefore familiar with the PRAM Guide 2nd Edition and the risk management syllabus.

How would you identify, assess, plan and manage a new oilfield, or a large IT project, an airport or an entertainment facility? We start by developing a risk management plan and then we look at the very issues which will determine the success or failure of the project. The emphasis will be on the practice of risk management. The case studies are very interesting and will provide you with the essential experience you need to pass the RMSQ practitioner’s exam.

A three and a quarter hour written exam is made available by the APM which leads to the second of two qualifications – the Practice (RMSQ2).

This is an excellent course and is focused on achieving practical skills.

Vital Benefits:

Learning is one thing but putting that knowledge to practical use is quite another. This one day course is therefore focused on providing the practical awareness necessary to pass the RMSQ2 examination. Even if you do not intend to take the exam, this course unleashes the benefits of risk management by demonstrating the practical application of it. This course provides the following vital benefits:

  • A practical application for the risk management knowledge developed in the first course Risk Management Knowledge
  • A clear understanding of how risk management is used in practice based upon practical case studies
  • All the knowledge and practical experience to pass the RMSQ2 examination.
  • A proven ability to manage risk on a project

Objectives:

The RMSQ2 qualification is evidence of your ability to manage risk and ensure the project is allowed to be successful. In this course, it is our objectives to:

  • Provide the practitioner “experience” required to successfully complete the examination.
  • Provide good case studies to practise on
  • Provide an understanding of the impact of culture on risk identification
  • Provide the examination if required

Topics:

This one day course is more of a workshop and is developed to provide the working knowledge of risk management to pass the examination. Whilst we will reflect on the PRAM Guide throughout the day, it is expected the delegates will have completed the first risk course Risk Management Knowledge. The key topic therefore is to convert this knowledge to practice through the use of several realistic case studies:

  • The PRAM Guide where required
  • Typical questions for practice
  • Examination technique
  • Practical support knowledge

Who to Attend:

A practitioner’s qualification (RMSQ) is well worth having if you are a project manager, a risk manager or if you play an important role in the project environment. This course is for:

  • The client staff
  • The project managers
  • The project staff
  • Line managers
  • The professional services teams
  • The senior supply chain managers
  • Anyone who wants to know more about risk management
  • Anyone who sees project management as a career