This report analyzes the Tianjin China explosion of August 12, 2015, using engineering risk management principles. The explosion, which resulted in 173 fatalities and numerous injuries, was caused by the improper storage of dangerous chemicals, including ammonium nitrate, sodium nitrate, calcium carbide, and sodium cyanide. The report identifies the causes and effects of the disaster, including the reaction of calcium carbide with water, leading to acetylene ignition and subsequent explosions. The disaster's impact extended to the port's operations, destroyed goods, and affected residential areas. Lessons learned include the need for transparency, improved risk accumulation thinking, supply chain diversification, strict storage measures, and enhanced education for firefighters. The report further analyzes financial, legal, environmental, and human resource risks associated with the explosion. It proposes a risk management plan involving risk identification, assessment, evaluation, treatment, and review. The analysis also covers strategic issue analysis through vision clarification, information gathering, strategy formulation, implementation, and control evaluation, emphasizing personal autonomy and accountability. The report concludes that the explosion was largely preventable through better risk management practices and stricter regulations.