Common risks in project management are defined as any potential events or circumstances that could negatively affect the successful completion of a project. These risks can come from a variety of sources, including external factors such as changes in the market, or internal factors such as inadequate resources or personnel. It is important for project managers to identify and assess these risks in order to develop strategies to mitigate or eliminate them. Common risks can be categorized into three main types: financial, operational, and technical. Financial risks involve potential losses due to changes in the economy, currency fluctuations, or changes in interest rates. Operational risks involve potential losses due to inadequate resources, personnel, or processes. Technical risks involve potential losses due to inadequate technology, software, or hardware. By identifying and assessing these risks, project managers can develop strategies to reduce or eliminate them, and ensure the successful completion of the project.