This report presents a risk management plan for Olympus' digital ventilator project, focusing on supporting COVID-19 treatment. It identifies challenges such as changing health and regulatory policies and outlines a risk management process encompassing risk identification, assessment, and mitigation. Key risks include cybersecurity threats, technical errors, and legislative changes. The plan emphasizes executive summaries, risk tracking, avoidance, and communication to stakeholders. The conclusion underscores the importance of early-stage risk management for project success, highlighting essential elements like risk impact assessment, prioritization, response planning, and continuous monitoring. The report references various sources on risk management in healthcare and project development.