This report reflects on a strategic project management assignment, focusing on risk management and agile methodologies. The student's role in coordinating research on these topics is highlighted, along with an analysis of team dynamics, including both positive and negative behaviors. The report identifies financial risk management theory as a key area for deeper insight, examining its application in project management, including credit, business, operational, and reputation risks. The analysis also covers risk prevention strategies and adaptation to identified risks. The student reflects on new learning and how it will influence future project management approaches, emphasizing the importance of financial risk management strategies. The assignment brief required a research and reflective report, covering team experiences and in-depth research on project management issues, adhering to academic standards and Swinburne University Harvard referencing style.