2 Days Training Course & Certification

RISK MANAGEMENT FOR EC FUNDED PROJECTS

From Planning Risk Management to Implementing the Identified Risk Response Strategies for EC Funded Projects

2 Days Training Course & Certification

RISK MANAGEMENT FOR EC FUNDED PROJECTS

From Planning Risk Management to Implementing the Identified Risk Response Strategies for EC Funded Projects

Short Course Description

Quick Facts:

  • Duration: 2 Days
  • Format: Online / In-class (scheduled in various cities across Europe)
  • Certification: PM² Basic Certification Exam Included
  • Who Should Attend: Project managers, EU project stakeholders, risk managers, and professionals involved in managing EC-funded projects
  • Focus: Risk management in EU-funded projects, PM² methodology, and practical tools for risk response strategies

Why Choose This Course

This 2-day training course is designed to equip participants with the essential knowledge and skills needed to effectively manage risks in EU-funded projects using the PM² Methodology. By focusing on risk management best practices, participants will learn how to minimise project risks and enhance their chances of funding success. The course combines theoretical frameworks with practical exercises, ensuring participants gain a deep understanding of project risk management roles, responsibilities, and tools. This course also prepares attendees for the PM² Basic Certification, boosting their project management credentials.

Key Benefits

  • Learn how to manage risks using PM² risk management templates and artefacts
  • Gain tools and techniques to manage stakeholders and risks in EU-funded projects
  • Understand how risk management improves your project proposals and funding success
  • Receive exclusive resources on the PM² methodology and certification preparation

What You Will Learn

  • Apply project risk management best practices to EU-funded projects
  • Understand PM² Methodology roles and responsibilities in risk management
  • Develop risk response strategies and monitor project risks effectively
  • Facilitate communication with project partners to address risks collaboratively
  • Learn to manage decision-making bias in risk management processes

A planned and controlled approach to project risks is an imperative and indispensable step within project management. Developing skills, knowledge and organisational processes in this area will lead to a significant return on investment (ROI) for any organisation that runs projects either internally or for the benefit of their customers.

Additionally, any entity (organisation or consortium) that exhibits a maturity level in risk management, increases the chances of being selected for funding, under the various EU funding schemes. The reason is that proper risk management acts as an alleviator for the risk averse public sector (including the various EU bodies).

Participants of the two days training will learn: 

  • The risk management approach within the PM² Methodology
  • How to apply project risk management best practices to EU funded projects
  • How to use the risk related PM² templates/artefacts
  • The various project risk management roles and responsibilities
  • Tools & techniques to manage stakeholders 
  • Tools & techniques to manage risks in projects
  • How to monitor and control project performance, with a constant focus on project risks 
  • How to facilitate effective communication with project partners
  • How to tackle bias influence in the decision making process
  1. Before the training, all participants will be called to complete a short survey where an initial skills mapping will be performed. The outputs of the above survey will be used for the appropriate tailoring and customization of the course.
  2. The residential course will be proceeded by a preparatory e-learning stage, where participants will receive key information about the PM² methodology. The e-learning module will be available two weeks prior to the residential course.
  3. All activities throughout the residential training will be performed in groups of 4-5 people using actual projects that the respective entities perform within their organizations. An additional generic scenario will also be available, for those wishing to use it.
  4. Upon completion of the residential course, and for a period of one month, an asynchronous e-support will be established, that will allow course participants to submit potential questions relevant to the contents of the course delivered, and receive the respective answers.

This workshop is ideal for those who work (or about to work) on EU funded projects and companies who are collaborating with the EC. Having in your CV the acknowledgement of attending the present workshop showcases your familiarity with the PM² methodology and your commitment to project risk management excellence.

Course’s Benefits & Outcomes: 

  • Become familiar with the current EU rules 
  • Get exclusive information and resources on the PM² Methodology
  • Improve the success rate of your project proposals by minimizing the project’s exposure to risks
  • Increase your organisation’s competitiveness
  • Receive tangible and actionable advice on project risk management
  • Network and exchange experience with peers and possible partners from across the EU

The PM² Basic Certification is designed to confirm candidates’ basic understanding of general concepts of the PM² Methodology. The certification exam tests the level of the candidates’ understanding mainly on the what and when of the PM² Methodology, and secondarily on the who and how . 

The exam questions are based on the four pillars of PM² and the PM² Mindsets, focusing more on Lifecycle and Artefacts and less on Processes, Governance and Mindsets. 

For candidates to achieve the certification they must be familiar with theses PM² concepts at an adequate level so that they will be able to follow the motions of a PM² project and communicate effectively with PM² team members and Project Managers.

Prerequisites: Proof of training completion by one of the PM²Alliance Affiliated Training Providers (this course).

Exam difficulty level: Easy

Success rate: the statistical success rate of this exam is 82%.

Study material: The exam questions are based 100% on the following European Commission PM² Guide v3, 2018

Exam Format

  • Online proctored exam
  • Multiple choice questions
  • 45 questions per exam
  • 45 minutes duration
  • At least 35 questions need to be answered correctly to pass the exam
  • One mark awarded for every correct answer
  • No negative marking for wrong answers 
  • National Contact Points for H2020
  • Project Managers
  • Projects Administrators
  • Account Managers
  • Co-ordinators and Controllers
  • Managers
  • Development Managers
  • Directors of Research
  • Directors
  • Risk Managers
  • Grants Financial Accountants
  • Consultants advising Beneficiaries
  • Consultants and Accountants working for the public sector
  • Policy Advisors
  • From:
  • Public and Private Beneficiaries of EU Funds
  • Competitors of companies having benefited from aid
  • Coordinating Bodies
  • National and Regional Public Authorities
  • City Councils, Regional and Local Governments
  • Regional Development Agencies
  • National and Regional Ministries
  • National and Regional Subordinate Bodies
  • Research & Technology Centres
  • Public and Private Research Institutes
  • Higher Education Institutions & Universities
  • Spin-off Companies
  • Private Companies of all Sectors
  • Associations, Foundations, Non for Profit and NGOs
  • Consulting Companies
  • Business Development Agencies

Participation fee for the 3 days training:

In-class €1695 excl. VAT

Training package includes:

  • Admission to the course

  • Hard copies of: the course’s Handbook

  • European Academy’s delegate’s bag with supporting training material & memorabilia 

  • Certification of “Digital Transformation in Practice” training completion

  • Certificate of attendance

  • Complimentary coffee & snack breaks

  • Complimentary networking lunch breaks

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QUESTIONS ABOUT THE COURSE

PM² is a project management methodology developed by the European Commission to help project managers deliver successful outcomes by managing projects throughout their complete lifecycle. Designed with the needs of EU institutions and projects in mind, PM² integrates globally accepted best practices, standards, and the operational experience of the European Commission. It provides a clear and structured framework that includes a project governance structure, process guidelines, artefact templates, and effective mindsets. PM² is light, easy to implement, and adaptable, making it suitable for a variety of project environments.

PM² offers several key benefits for managing EU-funded projects. It provides a structured framework that ensures alignment with EU standards, facilitating compliance with regulatory requirements and improving the overall governance of projects. PM² promotes effective collaboration among project partners by clearly defining roles and responsibilities, improving communication, and ensuring that all stakeholders are engaged throughout the project lifecycle. Its’ well-defined processes and artefacts help teams manage resources efficiently, monitor progress, and control risks. By fostering a comprehensive approach to planning, execution, and monitoring, PM² supports the successful delivery of projects within the defined scope, timeline, and budget, ultimately maximizing the benefits and impact of EU-funded initiatives.

PM² distinguishes itself from other project management methodologies through its focus on the European context, emphasizing compliance with EU regulations and facilitating cross-border collaboration. While it integrates best practices from established methodologies, PM² is specifically designed to address the governance, transparency, and stakeholder coordination challenges often encountered in European projects. Its’ adaptability and simplicity make it an ideal framework for diverse project environments, offering practical tools that can be customised without compromising on robust oversight.

PM² is highly adaptable and can complement existing project management practices by introducing specific tools and processes that enhance project efficiency, particularly in regulated or multi-stakeholder environments. It can be seamlessly integrated alongside methodologies such as PRINCE2 or Agile, allowing teams to benefit from PM²’s emphasis on governance and risk management, while maintaining flexibility in execution. This makes it especially valuable for organisations managing EU-funded or complex international projects, as it aligns project activities with strategic goals and compliance requirements.

PM² ensures project success by offering a structured approach that integrates clear phases, practical tools, and defined roles and responsibilities. It provides teams with artefact templates, process guidelines, and effective mindsets, helping them manage resources, risks, and stakeholder engagement efficiently. PM² also emphasizes setting clear milestones, maintaining strong communication, and focusing on quality management. This comprehensive framework helps teams stay on track, deliver results within scope and budget, and meet project objectives with greater confidence and control.

PM² ensures project success by offering a comprehensive framework that combines structured governance, clear process guidelines, and practical tools. It provides project managers with a governance structure, artefact templates, and detailed guidelines for using these artefacts throughout the project lifecycle. By clearly defining roles and responsibilities, setting project milestones, and promoting effective communication, PM² helps teams manage resources efficiently, mitigate risks, and engage stakeholders effectively. Additionally, its focus on quality management and continuous monitoring ensures that projects stay on track, delivering results on time and within budget, while aligning with the organization’s strategic objectives.

Yes, the course includes an in-depth session on risk management within the PM² framework. Participants will learn the importance of identifying and managing risks, PM²'s specific approach to risk management, and practical techniques for analysing and mitigating risks. The session also includes a hands-on workshop where participants will work on real-world scenarios, develop mitigation strategies, and share solutions to common project risks.

The PM² Methodology consists of four main phases: Initiating, Planning, Executing, and Closing. These phases represent distinct periods in a project's lifecycle, guiding project teams through key activities from project inception to completion. While each phase has a primary focus (e.g., planning activities peak during the Planning phase), activities often overlap across phases. Throughout the entire lifecycle, the methodology emphasises continuous Monitoring and Controlling to track progress, manage risks, and ensure project objectives are met. This structured, phased approach helps ensure project deliverables are well-defined, effectively executed, and successfully completed.

PM² fosters collaboration by clearly defining project roles and responsibilities, ensuring that every team member understands their specific tasks and accountability. The methodology encourages the documentation of roles, with any deviations or new roles justified and outlined in detail. Additionally, PM² promotes regular communication and alignment through structured meetings and the use of collaborative tools. This clarity and structured approach help ensure that all stakeholders and team members are working cohesively towards shared project objectives.

Yes, PM² can be effectively adapted to Agile environments. It provides a structured framework that complements Agile practices, allowing teams to maintain flexibility while still adhering to governance, compliance, and audit requirements. The PM²-Agile Guide (v3.0.1) offers detailed guidance on how to integrate Agile principles within the PM² framework, supporting the iterative nature of Agile projects. It enables self-organising teams to work autonomously while staying aligned with organisational governance and project objectives. This integration helps Agile teams navigate challenges such as coordinating with non-Agile teams, managing external collaborations, and ensuring proper documentation and compliance. By blending Agile principles with PM²'s structured approach, teams can achieve both agility and control, making it suitable for various project types and contexts.

PM² provides a structured approach to Project Portfolio Management (PPM) by linking project activities to an organisation’s strategic objectives. The PM² Portfolio Management Guide (v1.5) offers detailed guidance on how to effectively select, prioritise, and manage a portfolio of projects and programmes. It helps organisations allocate resources, minimise risks, and optimise performance across multiple projects. By aligning portfolio management with strategic goals, PM² ensures that project investments are effectively managed and reported to senior management, enabling better decision-making and improved alignment with long-term objectives.

Yes, the course offers a series of interactive workshops where participants actively apply PM² principles to real-world project scenarios. These hands-on sessions cover crucial elements like project initiation, risk management, stakeholder analysis, and project monitoring. Through group activities, peer reviews, and practical exercises, participants gain direct experience in using PM² artefacts and processes, ensuring they leave the course with practical skills to implement the methodology effectively in their own projects​.

GENERIC QUESTIONS ON COURSES PROCESS

To reserve a seat, you need to complete the course registration form on the course webpage, providing your personal details and your organisation's invoicing information. Within one working day, a member of the European Academy's Communications Team will contact you with a pro-forma invoice and further details. Pro-forma invoices are typically paid within two weeks of issuance, except in specific cases with exceptional circumstances. Your seat is tentatively reserved until payment is received, and your registration is finalized once payment is confirmed. For those paying online during registration, your seat is confirmed immediately, and a final invoice will be sent to you within one working day. If your organisation has specific payment requirements (e.g., adding a purchase order number or paying after course completion), you can note this in the comments section of the registration form for added flexibility.

Payments can be made via bank transfer or credit card, and all major credit cards are accepted. After registration, you will receive a pro-forma invoice to proceed with the payment via bank transfer. If your organisation requires a regular invoice instead, please let us know and we will be happy to accommodate your request. For those who choose to pay online during the course registration form submission, a final invoice will be sent within one working day. The payment is considered complete once the full amount is credited to the provider’s bank account. Please note that any bank charges or payment processing fees are the responsibility of the participant. The participation fee does not include travel, accommodation, or personal expenses, and VAT is applied separately if applicable.

After your registration is confirmed, you will receive a link to the Pre-Training Survey, which is sent one week before the course. This survey assesses your level of knowledge and understanding, and expectations from the course, allowing the expert to adjust the content to the specific needs of the group. In the week before the course begins, you will also gain access to the e-learning space, which remains available for 6 months after course completion. For online training, you will receive Zoom credentials and hard copies of the course materials delivered to your address via courier services. For in-class courses, venue information and directions will be provided, and hard copies of the materials will be distributed on the first day of training. Upon course completion, you will receive a link to the Post-Training Survey to provide feedback, along with hard copies of your Digital Certificate of Training Completion and a free voucher for the PM² Basic Certification Exam.

The training is offered both online and in-class at various locations across Europe, with upcoming cities announced on our website. Whether you attend online or in-person, the course combines lectures, interactive sessions, and practical group exercises. The online training is conducted through Zoom and uses collaborative tools to ensure high levels of interaction, allowing participants to engage with trainers and peers, take part in group discussions, and collaborate on exercises in real time, ensuring a dynamic and engaging learning experience.

For online courses, all sessions follow Central European Time (CET), which is the time zone of Brussels. In-class courses, however, follow the local time zone of the specific country where the course is being held. Please make sure to check the time zone when planning your participation, especially for online sessions.

Yes, all participants receive both soft and hard copies of the course materials. Soft copies are accessible through the e-learning space, which remains available for 6 months after the course completion. For online training, hard copies are delivered via courier services to the shipping address you provide during registration. For in-class training, hard copies will be handed out at the course venue on the first day, before the training begins.

Yes, upon successfully completing the course, you will receive a digital Certificate of Training Completion. This certificate will acknowledge your commitment and accomplishments throughout the training. You will have the convenience of easily accessing, downloading, and sharing your certificate, which can also be added to your professional LinkedIn profile, or shared with potential employers to highlight your new qualifications.

We understand that plans can change. Should you be unable to attend the course, you can request a cancellation at any time before the course start date. In some cases, full or partial refunds are available, depending on the timing of your cancellation. Additionally, you have the option to transfer your registration to a future course. For full details, please click here to view the course's terms and conditions.

Yes, you can transfer your registration to another participant without any additional fees. To do so, simply submit your request via email to [email protected] at least 7 days before the course start date. In exceptional circumstances, if you are unable to meet the 7-day notice for transferring your registration, you can still notify us via email, and we will review the request on a case-by-case basis to accommodate the transfer where possible.

Yes, group discounts are available for organisations registering multiple participants for the same course session. For more details, please contact us at [email protected], and we will be happy to provide information on the discount structure for group bookings.

Yes, we offer in-house delivery of our full range of training courses, either online or on-site. For larger teams or organisations requiring specific project assistance, this is an ideal option. If you are interested, simply send your request to [email protected], and we will be happy to prepare a comprehensive proposal tailored to your needs

Participants of the two days training will learn: 

  • The risk management approach within the PM² Methodology

  • How to apply project risk management best practices to EU funded projects

  • How to use the risk related PM² templates/artefacts

  • The various project risk management roles and responsibilities

  • Tools & techniques to manage stakeholders 

  • Tools & techniques to manage risks in projects

  • How to monitor and control project performance, with a constant focus on project risks 

  • How to facilitate effective communication with project partners

  • How to tackle bias influence in the decision making process

  1. Before the training, all participants will be called to complete a short survey where an initial skills mapping will be performed. The outputs of the above survey will be used for the appropriate tailoring and customization of the course.
  2. The residential course will be proceeded by a preparatory e-learning stage, where participants will receive key information about the PM² methodology. The e-learning module will be available two weeks prior to the residential course.
  3. All activities throughout the residential training will be performed in groups of 4-5 people using actual projects that the respective entities perform within their organizations. An additional generic scenario will also be available, for those wishing to use it.
  4. Upon completion of the residential course, and for a period of one month, an asynchronous e-support will be established, that will allow course participants to submit potential questions relevant to the contents of the course delivered, and receive the respective answers.

This workshop is ideal for those who work (or about to work) on EU funded projects and companies who are collaborating with the EC. Having in your CV the acknowledgement of attending the present workshop showcases your familiarity with the PM² methodology and your commitment to project risk management excellence.

Course’s Benefits & Outcomes: 

  • Become familiar with the current EU rules 

  • Get exclusive information and resources on the PM² Methodology

  • Improve the success rate of your project proposals by minimizing the project’s exposure to risks

  • Increase your organisation’s competitiveness

  • Receive tangible and actionable advice on project risk management

  • Network and exchange experience with peers and possible partners from across the EU

The PM² Basic Certification is designed to confirm candidates’ basic understanding of general concepts of the PM² Methodology. The certification exam tests the level of the candidates’ understanding mainly on the what and when of the PM² Methodology, and secondarily on the who and how . 

The exam questions are based on the four pillars of PM² and the PM² Mindsets, focusing more on Lifecycle and Artefacts and less on Processes, Governance and Mindsets. 

For candidates to achieve the certification they must be familiar with theses PM² concepts at an adequate level so that they will be able to follow the motions of a PM² project and communicate effectively with PM² team members and Project Managers.

Prerequisites: Proof of training completion by one of the PM²Alliance Affiliated Training Providers (this course).

Exam difficulty level: Easy

Success rate: the statistical success rate of this exam is 82%.

Study material: The exam questions are based 100% on the following European Commission PM² Guide v3, 2018

Exam Format

  • Online proctored exam
  • Multiple choice questions
  • 45 questions per exam
  • 45 minutes duration
  • At least 35 questions need to be answered correctly to pass the exam
  • One mark awarded for every correct answer
  • No negative marking for wrong answers 
  • National Contact Points for H2020
  • Project Managers
  • Projects Administrators
  • Account Managers
  • Co-ordinators and Controllers
  • Managers
  • Development Managers
  • Directors of Research
  • Directors
  • Risk Managers
  • Grants Financial Accountants
  • Consultants advising Beneficiaries
  • Consultants and Accountants working for the public sector
  • Policy Advisors
  • From:
  • Public and Private Beneficiaries of EU Funds
  • Competitors of companies having benefited from aid
  • Coordinating Bodies
  • National and Regional Public Authorities
  • City Councils, Regional and Local Governments
  • Regional Development Agencies
  • National and Regional Ministries
  • National and Regional Subordinate Bodies
  • Research & Technology Centres
  • Public and Private Research Institutes
  • Higher Education Institutions & Universities
  • Spin-off Companies
  • Private Companies of all Sectors
  • Associations, Foundations, Non for Profit and NGOs
  • Consulting Companies
  • Business Development Agencies

Participation fee for the 2 days training:

In-Class €1490 excl. VAT
Remote €1100 excl. VAT

Training package includes:

  • Admission to the course

  • Course’s Handbook

  • Hard copies of training material

  • Certification of “Risk Management for EC Funded Projects” training completion

  • Certificate of attendance

  • Accreditation to Professionals Directory

  • Complimentary coffee & snack breaks

  • Complimentary networking lunch breaks

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