BPRM™

Best Practice in PPP Risk Management. Understanding the stages of the risk management cycle and best practices for risk allocation and contractual implementation

Scope and content

This course addresses contractual risk management from the perspective of the risk management cycle: risk identification, qualitative assessment, preliminary allocation, quantification, early mitigation, structuring and final allocation, contractual implementation, and risk management throughout the life of the contract.

The course covers the different stages of risk management from the perspective of the contracting authority (project sponsor) and relevant central government agencies, providing practical guidance on approaches, tools, and good practices for each stage of the cycle.

Particular attention is given to best practices in risk allocation, both from a heuristic perspective (practical guidance to identify when a risk should be retained or shared) and from the perspective of key international standards and approaches applied in selected developing economies.

Several national PPP risk management guidelines are reviewed, and case studies are discussed.

Target Audience

  • Senior managers and specialists from contracting authorities responsible for the preparation, implementation, and management of PPP projects.
  • Officials and technical staff from central government agencies (ministries of finance or equivalent bodies, as well as planning and development agencies) responsible for project approval and/or the development of guidelines and directives.
  • Staff from central PPP units coordinating project approval and implementation processes.
  • Control and audit bodies, as well as other institutions with supervision, oversight, or public programme evaluation functions.
  • PPP advisors and consultants, as well as professionals from multilateral development banks (MDBs).
    investors and funders interested in understanding the management of risks from the perspective of the public partner

Examination and Certification

The Best Practice in PPP Contract Management course and certification is a mandatory prerequisite to sit the official examination administered by APMG International and to access the Practitioner certificate in PPP contract management.

The examination consists of two parts: one more theoretical, focused on fundamentals, and one more practical, for a total of 40 questions.

A score of 50% (20/40) grants the BPCM™ Foundation certificate.

To obtain the Practitioner certificate, a score of 70% (28/40) is required. The examination is closed book and can be taken through your accredited training provider.

The examination is closed book and can be taken through your accredited training provider.

How can I take the course?

The P3FP™ Program is currently in its early stages.

As a result, not all courses yet have fully operational examinations. ¡¡

This course is not yet certified.

However, if you are interested in attending the course, a limited number of accredited training organizations are already authorized to deliver it. For further information, please contact APMG International at p3fp@apmg.com.

Body of Knowledge

The reference materials for this course and its certification consist of the presentation materials (PPT) provided during the course, together with a selection of good practice guidelines, including the CP3P Guide.

The main references include the guidelines and risk management frameworks from Colombia, Australia’s risk allocation standards (commercial principles), and the risk allocation standards set out in the CP3P Guide, as well as several reference guides and papers produced by experts from multilateral development banks.

BPRM™

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If you represent a training organization interested in delivering these courses, or if you wish to become an accredited trainer, you will find further information here.