The article discusses how to manage risks in project environments by following a standard process. The researchers looked at different tools and methods used for risk management in projects. They found that no matter how complex a project is, there is a standard way to manage risks. This process involves assessing the likelihood and impact of each risk on the project's goals like schedule, cost, quality, and performance. It's important for project managers and leaders to understand and follow this standard risk management process to effectively identify, assess, and reduce risks in projects.