IT Projectmanagement The Importance of Project Risk Management Risk management is often overlooked on projects but it can help improve project success by helping select good projects determining project scope developing realistic estimates KPMG Study found that 55 percent of runaway projects did no risk management at all Project Integration ManagementProject Integration Management 8 The Importance of Project Risk Management ◼ Risk management is often overlooked on projects, but it can help improve project success by ◼ helping select good projects ◼ determining project scope ◼ developing realistic estimates ◼ KPMG study found that 55 percent of runaway projects did no risk management at all IT Project Management