pProjects are risky undertakings, and modern approaches to managing projects recognise the central need to manage the risk as an integral part of the project management discipline. Managing Risk in Projects places risk management in its proper context in the world of project management and beyond, and emphasises the central concepts that are essential in order to understand why and how risk management should be implemented on all projects of all types and sizes, in all industries and in all countries. The generic approach detailed by David Hillson is consistent with current international best practice and guidelines including 'A Guide to the Project Management Body of Knowledge' PMBoK and the 'Project Risk Management Practice Standard' from PMI, the 'APM Body of Knowledge' and 'Project Risk Analysis Management PRAM Guide' from APM, 'Management of Risk Guidance for Practitioners' from OGC, and the forthcoming risk standard from ISO but David also introduces key developments in the risk