An AI risk management certification for people who decide how AI risk is identified, analysed, treated and reported. PECB built the course on the NIST AI Risk Management Framework, the EU AI Act and the MIT AI Risk Repository. It ends with a three-hour, open-book exam of 80 questions. Aegentra, an official PECB authorised training partner, sells it online as Self-Study for NZ$990.00, before applicable tax, with the exam and one free retake included.
Buy securely in your selected available currency. Original prices are NZD, with no extra conversion fee. Australian billing addresses attract 10% GST; United Kingdom billing addresses attract 20% UK VAT; no tax is added for other billing countries. Where this course offers Aegentra Labs, tick it on this page before choosing Buy. Your PECB course is assigned within 24 hours of successful payment.
Self-Study course and exam bundle
Read, revisit examples and work through the official materials at your own pace. Your bundle includes:
12 months of myPECB dashboard and course access from assignment
Official PECB slide-based course materials — slides only, no video lectures
Two exam attempts: your first exam and one free retake if you do not pass
Certification application fee and first-year PECB certification maintenance fee included, where applicable
NZ$990.00per learner · NZD
Prices are per learner in NZD, before applicable tax. Australian billing addresses attract 10% GST; United Kingdom billing addresses attract 20% UK VAT; no tax is added for New Zealand or other billing countries.
Self-Study only: recorded eLearning and live classes are not offered for this course. Your myPECB dashboard and course access lasts 12 months from assignment. PECB says the exam cycle (first attempt and retake) must be completed within 12 months of purchase for Self-Study. A failed attempt needs a 15-day wait before the retake. Aegentra Labs is not included with this course. Mandatory consumer rights are not excluded.
On this page +
At a glance
Lead AI Risk Manager: the facts.
Built on
The NIST AI Risk Management Framework, the EU AI Act and insights from the MIT AI Risk Repository
Course length
Five days of PECB content; Self-Study is self-paced
Materials
Over 450 pages of information, practical examples, exercises and quizzes
Exam
3 hours, 80 multiple-choice questions, open book, 70% to pass, English only
Prerequisites
A fundamental understanding of AI concepts and general knowledge of risk management principles
Credential
PECB Certified Lead AI Risk Manager, or another tier depending on your experience
Validity
Three years, kept active with CPD and PECB’s annual maintenance fee
CPD
31 credits on course completion, as PECB states
What PECB includes
What your Self-Study bundle contains.
Official PECB Self-Study course materials: over 450 pages of information, practical examples, exercises and quizzes, delivered through your myPECB dashboard.
The PECB Certified Lead AI Risk Manager exam. PECB says certification fees are included in the exam price.
One free retake within 12 months of your first exam date, as PECB states.
The first year of the PECB Annual Maintenance Fee, where your credential needs one, under PECB’s partner training terms.
An attestation of course completion worth 31 CPD credits, as PECB states for this course.
PECB: “a fundamental understanding of AI concepts and a general knowledge of risk management principles. Familiarity with AI governance frameworks, such as the NIST AI Risk Management Framework or the EU AI Act, is beneficial but not mandatory.”
How it helps you
What you can do after the course.
Run an AI risk programme, not a checklist
Set objectives and scope, define risk evaluation and acceptance criteria, then monitor and review the programme. These are the activities PECB counts towards the credential.
Work across frameworks
Map the NIST AI RMF, the EU AI Act and the standards around them, so one AI risk register can answer questions framed in any of them.
Reason from real incidents
PECB has participants analyse real-world AI risk scenarios from the MIT AI Risk Repository, rather than invented examples.
Show a credential that matches your experience
PECB awards four tiers, from Provisional Manager to Senior Lead. The tier tells a buyer or employer how much AI risk work you have actually done.
What it is built on
NIST AI RMF, EU AI Act and MIT AI Risk Repository.
PECB says the course is “based on leading frameworks such as the NIST AI Risk Management Framework, the EU AI Act, and insights from the MIT AI Risk Repository”. The candidate handbook’s first exam domain also expects knowledge of the international standards around them.
Frameworks and standards the Lead AI Risk Manager course draws on
Framework or standard
Role in the course
What it is
NIST AI Risk Management Framework
Foundation of the course
A voluntary United States framework for managing AI risk. PECB names it as a basis of the course and a framework you will apply.
EU AI Act
Foundation of the course
The European Union’s AI regulation. PECB names it as a basis of the course and a framework you will apply.
MIT AI Risk Repository
Source of scenarios
PECB uses real-world AI risk scenarios from it for analysis exercises.
ISO/IEC 42001, ISO/IEC 22989 and ISO/IEC 23894
Covered in exam domain 1
Named in the handbook’s knowledge statement for domain 1, alongside the NIST AI RMF. The course is not based on ISO/IEC 23894.
What is ISO/IEC 23894?
ISO/IEC 23894:2023 is ISO and IEC’s guidance on risk management for artificial intelligence. It is guidance, not a certifiable management-system standard. Lead AI Risk Manager is not based on it: PECB built the course on the NIST AI RMF, the EU AI Act and the MIT AI Risk Repository. The handbook lists ISO/IEC 23894 among the standards a candidate should know for domain 1, so expect it in the exam’s knowledge base. If you need a certifiable AI management system, that is ISO/IEC 42001.
New Zealand context
AI regulation as the exam frames it.
The handbook’s first domain covers AI regulation “across major regions, including the EU AI Act, GDPR, UK. and US. AI laws, sector-specific regulations, and emerging frameworks in Asia, Latin America, Africa, Australia, and New Zealand”. So New Zealand is in scope for the exam, alongside the EU, UK and US rules that a New Zealand organisation selling overseas may also meet. The handbook does not set out how deep that New Zealand coverage goes, so do not treat the course as advice on New Zealand law. For local guidance, read MBIE’s responsible AI guidance for businesses and the Privacy Commissioner’s AI guidance.
Organisational context, AI risk governance and AI risk identification.
Day 3
Analysis, evaluation and treatment of AI risks.
Day 4
AI risk monitoring and reporting, training and awareness, and optimising AI risk performance.
Day 5
Certification exam.
From the official PECB course outline. Day headings describe the syllabus, not a fixed study time for Self-Study.
The exam
Five domains, 80 questions, open book.
Exam facts
Item
Detail
Duration
3 hours; non-native English speakers get 30 extra minutes for Lead exams
Questions
80 multiple-choice questions, three options each, stand-alone or scenario-based (five questions per scenario)
Book rules
Open book
Pass mark
70%
Where
Online through the PECB Exams app, or on paper
Language
English only
Retake
One free retake within 12 months of the first exam date
Lead AI Risk Manager exam domains and weighting (PECB candidate handbook v1.5)
Domain
Questions
Share
1. AI risk principles, concepts and regulations
20
25%
2. AI risk management programme and governance
15
18.75%
3. AI risk identification and analysis
15
18.75%
4. AI risk evaluation, treatment and monitoring
20
25%
5. Organisational learning and performance improvement
10
12.5%
By cognitive level, 30 questions (37.5%) test comprehension and 50 questions (62.5%) test application, analysis and evaluation. Expect scenarios, not definitions.
Credential tiers
Your tier depends on your experience.
Lead AI Risk Manager credential tiers and the experience PECB requires
Credential
Professional experience
AI risk management activity
PECB Certified AI Risk Provisional Manager
None
None
PECB Certified AI Risk Manager
2 years, at least 1 in AI risk management
200 hours
PECB Certified Lead AI Risk Manager
5 years, at least 2 in AI risk management
300 hours
PECB Certified Senior Lead AI Risk Manager
10 years, at least 7 in AI risk management
1,000 hours
Every tier takes the same exam (“PECB Certified Lead AI Risk Manager Exam, or equivalent”) and requires signing the PECB Code of Ethics. Passing the exam does not by itself make you a Lead AI Risk Manager. If you pass without the experience, PECB awards the Provisional Manager credential, and you can apply to upgrade as your experience grows.
Activities that count, in PECB’s words: “Determining the AI risk management objectives and scope; Performing AI risk assessment; Developing an AI risk management program; Defining AI risk evaluation and risk acceptance criteria; Evaluating risk treatment options for AI risks; Monitoring and reviewing the AI risk management program.”
Certifications are valid for three years and are kept active with CPD hours and PECB’s annual maintenance fee. The first year’s fee is included in this course where it applies. The Provisional tier needs no maintenance.
Who it is for
Who should take this course.
Risk, IT and security professionals
You own or contribute to the risk register and need AI risks treated with the same discipline as other enterprise risks.
Data scientists, engineers and AI developers
You build or deploy models and need to identify and document risks such as bias, security weaknesses and lack of transparency.
Consultants, advisers and managers
You advise on AI, give legal or ethical advice, or oversee AI projects and need a shared method and vocabulary.
PECB lists risk professionals, IT and security professionals, data scientists, data engineers and AI developers, consultants, legal and ethical advisors, managers overseeing AI projects, and executives.
Builds and runs a certifiable AI management system. Choose it when your organisation wants ISO/IEC 42001 certification; Lead AI Risk Manager goes deeper on the risk process itself.
The technical AI credential: machine learning, deep learning and AI governance.
Self-Study NZ$990.00
Selling an AI agent to enterprise buyers? Aegentra’s AIUC-1 readiness service prepares New Zealand vendors for an AIUC-1 audit, and an AI risk register built on this course is a useful input. For a first look at New Zealand’s guidance, read MBIE AI guidance and ISO 42001.
Before you decide
Your questions, answered.
What is the best AI risk management certification?+
It depends on what you need to prove. Lead AI Risk Manager suits people who run the AI risk process itself, using the NIST AI RMF and the EU AI Act. ISO/IEC 42001 Lead Implementer suits people building a certifiable AI management system. EU AI Governance Professional focuses on the EU AI Act. Choose by the work you do, not the title.
What is the ISO standard for AI risk management?+
ISO/IEC 23894:2023 gives guidance on risk management for AI. It is guidance, not a certifiable standard. The certifiable AI management system standard is ISO/IEC 42001. Both appear in the Lead AI Risk Manager handbook’s first exam domain.
Is the Lead AI Risk Manager course based on ISO/IEC 23894?+
No. PECB built it on the NIST AI Risk Management Framework, the EU AI Act and the MIT AI Risk Repository. ISO/IEC 23894 is named, with ISO/IEC 42001 and ISO/IEC 22989, in the knowledge statement for exam domain 1, so it is covered, but the course is not based on it.
What experience do I need to become a PECB Certified Lead AI Risk Manager?+
Five years of professional experience, at least two of them in AI risk management, and 300 hours of AI risk management activity, plus the exam and signing the PECB Code of Ethics. The AI Risk Manager tier needs two years (one in AI risk) and 200 hours; Senior Lead needs ten years (seven in AI risk) and 1,000 hours.
What happens if I pass the exam without five years of experience?+
PECB awards the tier your experience supports. With no qualifying experience you receive PECB Certified AI Risk Provisional Manager, which needs no maintenance. You can apply to upgrade to AI Risk Manager, Lead or Senior Lead once you meet those requirements.
How hard is the Lead AI Risk Manager exam, and is it open book?+
It is open book: 3 hours, 80 multiple-choice questions with three options each, and a 70% pass mark. Most questions (62.5%) test application, analysis and evaluation rather than recall, and some come in scenario sets of five. Non-native English speakers get 30 extra minutes.
How is Lead AI Risk Manager different from ISO/IEC 42001 Lead Implementer?+
ISO/IEC 42001 Lead Implementer teaches you to build and run an AI management system that an organisation can certify. Lead AI Risk Manager focuses on the AI risk process across frameworks such as the NIST AI RMF and the EU AI Act. Many AI governance roles benefit from both.
How do I keep the certification active?+
PECB certifications are valid for three years. You keep them active by reporting CPD hours and paying PECB’s annual maintenance fee; the first year’s fee is included in this course where it applies. The Provisional tier needs no maintenance.
Check the details
Issuer and accreditation sources.
Course, exam and credential facts checked against the sources below. They let you check the current position yourself; this is not a claim that a trainer reviewed this page.
