This report analyzes an article on risk management in software engineering, focusing on the impact of risk on organizational structures and business services. It examines the importance of identifying, analyzing, and mitigating risks within software projects, including known, unknown, and predicted risks. The report delves into the SRE’s project management structure and other frameworks, such as the Team Software Engineering Risk Management and the Ruskit model, for risk mitigation. It highlights the limitations of project planning, legal aspects, and development processes, concluding that effective risk assessment and mitigation are crucial for successful software development. The report also references various research papers to support its analysis and provides a comprehensive understanding of the challenges and solutions in managing risks within software engineering projects.