Projects always involve a finite amount of uncertainty (risk) that may lead to problems and surprises during the project. Dealing with surprises requires more time, energy, and money than originally planned. Risk management can help reduce the likelihood and affects of risks. Risk management is important as it helps the team accomplish the project with as little trouble as possible. As a professional scientist, engineer, or project manager, you will be required to help get the job done. Excuses (whether real or imaginary) generally don't buy any sympathy. For instance, in the event of a surprise problem which causes project.