This Practitioner-level qualification is recognised worldwide and develops your ability to manage risk with confidence. You’ll strengthen your understanding of the PRINCE2 Risk Management (Version 3) framework, formerly known as M_o_R®, and gain the skills to apply its guidance in practice, ensuring greater results for your organisation.
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PRINCE2® Risk Management Practitioner (Version 3) (formerly M_o_R®)
Select your learning method
Strengthen your risk management skills
This course equips you to handle risk in a structured and assured way. You’ll learn how to build and implement strategies that align with organisational aims, while gaining the techniques and tools needed to apply the framework consistently across varied business environments.
Learning objectives
By completing the Practitioner course, you will be able to:
- Explain how the four core elements of the PRINCE2 Risk Management framework connect
- Put the principles, methods, processes, and techniques into practice
- Evaluate and recommend improvements for applying the framework
- Draft and review documents within the PRINCE2 Risk Management structure
- Integrate risk management into projects, programmes, and portfolios
- Support the development of a culture that is risk aware and proactive
What you'll learn
The PRINCE2 Risk Management Practitioner (Version 3) course extends your Foundation knowledge by showing you how to apply advanced risk practices in day-to-day scenarios. You’ll sharpen your ability to analyse complex risks, design tailored responses, and establish consistent practices across projects, programmes and operations.
Apply the framework
This course focuses on putting the PRINCE2 Risk Management principles and processes into practice across different organisational levels. You’ll discover how to embed a unified approach to managing risk, develop stakeholder buy-in, and encourage a culture that addresses risk openly. By completing the training, you’ll be prepared to support organisational goals through structured, proactive risk management.
Examine the complete PRINCE2 Risk Management approach
Gain a full understanding of how the framework works in practice. Learn how to adapt methods to suit your organisation, shape effective risk policies, assign responsibilities, and create the documentation needed to support strategy and operations. With these skills, you’ll be ready to apply the methodology in a way that is both practical and flexible.
Adapt the framework to your environment
Discover how to shape the PRINCE2 Risk Management framework so it fits the specific needs of your business. By adjusting policies, processes and defined roles, you can make risk management more relevant, improve accountability, and strengthen consistency across teams. This ensures decision-making is informed and aligned with your organisation’s long-term vision.
What's included
- Accredited PRINCE2 Risk Management Practitioner (Version 3) training
- Official PRINCE2 Risk Management Practitioner (Version 3) exam
- Ongoing tutor support
- Optional extras such as Take2 exam insurance available at checkout
Key facts
Certification
PRINCE2 Risk Management Practitioner (Version 3)
Ideal for
Ideal for Risk Managers, Business Change Managers, Project and Programme Managers, PMO staff and operational teams who contribute to risk management and business continuity.
Prerequisites
You should have a basic understanding of risk principles and must have first passed the PRINCE2 Risk Management Foundation (Version 3) certification.
Exam information
Online, three-hour exam supervised remotely. Four scenario-based questions, open book (PRINCE2 Risk Management guidance book and Part A of the ABC guidance permitted). To pass you need 50% (40 marks out of 80).
Optional extras
Take2 exam insurance and the official PRINCE2 Risk Management (Version 3) manual can be added to your purchase.
Pre-course
Mandatory online pre-course if you select classroom or live virtual classroom study options
FAQs
This Practitioner-level course builds on PRINCE2 Risk Management Foundation, giving you the skills to apply the framework in real situations. It focuses on advanced techniques to help you manage risk effectively across projects, programmes, and business operations.
Does the PRINCE2 Risk Management Practitioner (Version 3) certification need to be renewed?
Yes. The Practitioner certificate is valid for three years. To maintain your status, you must recertify within that period. PeopleCert offers several options for renewal to suit different learners.
What study options are available for the PRINCE2 Risk Management Practitioner course?
You can complete this course via our classroom and live virtual classroom study options. With both options you’ll have the opportunity to learn from our expert trainers, but it’s your choice whether this is done online, from your home, or in-person at one of our dedicated training locations.
Who is best suited to take this course?
The course is designed for professionals responsible for governance, risk, or continuity. This includes Risk Managers, Business Change Managers, Project and Programme Managers, PMO staff, and those in operational roles where managing risk is a core responsibility.
How will a PRINCE2 Risk Management certification benefit my career?
Achieving a PRINCE2 Risk Management qualification enhances your ability to embed structured risk management practices that drive better business outcomes. Whether you’re already working in project delivery, business change, or governance, or hoping to move into these areas, this course strengthens your credibility and opens up new progression opportunities.
What our learners say
"Instructor was on point. Would be happy to recommend others to enrol for this course."
Narender Kathait, PRINCE2.com learner
"Flexible and very convenient as you can adapt your progress pace to your needs."
Julian Portillo Aguilar, PRINCE2.com learner
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