Build the confidence to apply a structured approach to risk management with this course. Formerly known as M_o_R®, the PRINCE2 Risk Management framework enables smarter decision-making, stronger project delivery, and greater resilience in day-to-day operations. This recognised qualification demonstrates your capability to manage risk effectively at every level.
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PRINCE2® Risk Management Practitioner (Version 4)
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Enhance your risk management expertise
This course shows you how to design and apply a practical strategy for managing uncertainty in today’s fast-changing, dynamic business environment. Across three days, you’ll learn the key concepts of the PRINCE2 Risk Management guidance, including its principles, process model, and the essential role of people and culture in creating risk-aware organisations.
Learning objectives
By the end of the course, you’ll be able to:
- Describe the core aims and principles of effective risk management
- Apply risk practices within and across the five organisational perspectives
- Recognise how culture and behaviours influence success in risk management
- Use the eight processes to support value creation and safeguard objectives
- Tailor risk management practices to suit different organisational contexts and environments
- Develop strategies for embedding a risk-aware mindset across teams and stakeholders
What you'll learn
Achieving this recognised qualification demonstrates your ability to strengthen organisational resilience, support better outcomes, and advance your professional development. You’ll gain a clear understanding of the framework’s key ideas and how to apply them to real business challenges.
Principles
The PRINCE2 Risk Management principles act as a foundation for creating risk practices that are relevant to your organisation’s needs. They cover areas such as aligning risk management with business goals, setting clear roles and responsibilities, and encouraging a culture that supports open conversations around risk. Following these principles helps you protect resources, drive accountability, and promote sustainable growth.
Process model
The guidance outlines eight key processes that guide how risks are identified, assessed, and managed. You’ll explore steps such as ranking risks by impact and likelihood, deciding on responses through mitigation or acceptance, and preparing contingency plans for priority threats. Together, these processes provide structure and consistency in managing risk effectively.
People and culture
Risk management is more effective when people at every level are engaged. This course highlights the importance of leadership, communication, and building a workplace culture that encourages individuals to identify and act on risks. A supportive culture not only improves decision-making but also ensures that risk awareness becomes part of the organisation’s DNA.
What's included
- Accredited PRINCE2 Risk Management Practitioner training programme
- PRINCE2 Risk Management Practitioner certification exam
- Official PRINCE2 Risk Management manual
- Support from qualified tutors
- Optional extras at checkout, including Take2 exam insurance
Key facts
Certification
PRINCE2 Risk Management Practitioner (Version 4)
Ideal for
Project and programme managers, PMO specialists, product and operations managers, change leaders, risk managers, HR professionals, and anyone involved in supporting or delivering risk management.
Prerequisites
There are no formal prerequisites for this course or exam.
Exam information
Online assessment lasting 135 minutes (two hours and 15 minutes), open book, with remote proctoring. The paper includes 65 questions, and a 50% score (33 marks) is required to pass.
Optional extras
Take2 exam insurance can be added at checkout
Pre-course
Mandatory online pre-course if you select classroom or live virtual classroom study options
FAQs
This Practitioner course equips you with the latest tools and techniques for managing risk in modern organisations. Earning this respected certification validates your expertise, supports career growth, and shows employers that your knowledge is up to date.
What are the PRINCE2 Risk Management Practitioner principles?
The framework comprises of eight principles which guide risk management. They are:
- Aligns with objectives
- Fits the context
- Engages stakeholders
- Provides clear guidance
- Informs decision-making
- Facilitates continual improvement
- Creates a supportive culture
- Achieves measurable value
What is the course duration?
The classroom and virtual classroom options are taught over three days. Regardless of your chosen study option, learners are given up to 12 months from purchase to book and complete the exam.
What are the PRINCE2 Risk Management Practitioner processes?
As with the principles, this course highlights eight key processes which support professionals through each stage of the risk lifecycle. They are:
- Define context and objectives
- Identify threats and opportunities
- Prioritise risks
- Assess combined risk profile
- Plan responses
- Agree contingency
- Monitor and report progress
- Review and adapt
What does the exam involve?
The online assessment lasts 2 hours and 15 minutes. It contains 65 questions, and to pass, you need to achieve at least 33 marks out of 65 (50%). The test is open book and delivered online with a remote proctor.
What our learners say
"Excellent value for money and with dedicated study, guaranteed to prepare one to pass the exams."
Patrick Anigbo, PRINCE2.com learner
"Excellent courses, services and support."
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