"Our daily life is not devoid of risks. For example, but not limited to, when we use our vehicles to go to work or transport our children to school, we may be exposed to accidents - God forbid - so we use insurance to mitigate the damage. Also, if we leave our homes, we need to have a system of cameras and locks as protection from... Thieves, and so on in the rest of our lives, we search for security. We can define risk as an unexpected event that can affect your project or company, affecting people, processes, technology, resources, quality, and schedule, causing increased project costs and delays in project completion or delivery before the project is completed. Or failure to deliver a high-quality project or compromising on the quality of the project compared to what was committed to the client, etc.