Potential Risks In Project Management is a term used to describe any potential threat that could negatively affect the successful outcome of the project. It is an important concept in the world of business, as it allows businesses to anticipate and prepare for any potential risks that may arise during the completion of a project. Potential risks can take many forms, such as budgetary, technical, administrative, or even environmental. Businesses must identify and assess any possible risks before beginning a project, in order to ensure that the project is completed successfully. When assessing potential risks, businesses should consider the cost of the project, the timeline, the resources available, and the feasibility of the project. This evaluation should be conducted in a systematic manner, taking into account any existing or potential risks. Once these risks have been identified and assessed, businesses should develop a plan to mitigate any risks that may arise.