Risks are a part of every business! You detect them, track them, analyze them, and strategize for them. Many business risks are guaranteed to become issues, such as enforcing a policy during the holidays and needing to schedule the project around them. However, there are several dangers in any project that might come as unpleasant shocks to you and your project team members if risk evaluation and risk mitigation measures are not used. A risk management plan can assist in mitigating hazards before they can become problems. Let's look at how to make a risk management strategy.