Project risk management is crucial for business success, helping managers make decisions when facing challenges. The key is to identify, analyze, and respond to potential issues that may arise during projects. To do this effectively, it's important to view risks as having a significant impact on the overall outcome and to use analytical tools or software for risk management. Integrating risk mitigation strategies throughout the entire organization is essential. This paper focuses on key aspects of successful risk management, looking at both organizational and methodological approaches. Key topics include risk management, PMBOK, stakeholders, methods, and new product development.