In the increasingly complex world within which we live, risk management and mitigation is a discipline that is growing in importance for both private and public sector organizations. A risk is defined as anything that threatens an organization's ability to generate profits at its target levels, in the long term, risks can threaten an organization's sustainability. Risk Management and Risk Mitigation is the process of identifying, assessing, and mitigating risks to the scope, schedule, cost, and quality of a project, or to an organization’s success.  Risks come in the form of opportunities and threats and are scored on the probability of occurrence and impact on a project. These risks can be classified in various ways, including financial risk, strategic risk, reputation risk, liability risk, security and compliance risk, natural risk, and many others.