This chapter outlines a structured approach to risk management in project management, emphasizing its crucial role in project success. It details the risk management process, contingency planning, and...This chapter outlines a structured approach to risk management in project management, emphasizing its crucial role in project success. It details the risk management process, contingency planning, and risk assessment at various phases, while also addressing ethical considerations and the importance of a business case. Key takeaways provide essential insights for effectively managing risks in projects.