This report provides a detailed analysis of the North East Link Melbourne project, focusing on project management principles, risk assessment, and mitigation strategies. The report begins with an overview of the project, including its scope, budget, social and economic rationale, key statistics, funding mechanisms, and stakeholders. It then delves into a comprehensive risk analysis, identifying potential risks such as schedule slippage, stakeholder involvement issues, communication barriers, and safety concerns. The risk matrix assesses the likelihood and impact of each identified risk. Finally, the report proposes a detailed risk mitigation plan, outlining specific strategies to address and minimize the impact of the identified risks, ensuring the project's successful execution. The report covers various aspects of the project life cycle, including planning, execution, and closure, and emphasizes the importance of effective communication and stakeholder management. The project's financial aspects, including the budget and funding mechanisms, are also thoroughly discussed, along with the environmental considerations and benefits.