- Risk the board is a crucial sector within the development industry and has gained global significance due to extensive research conducted to a significant extent. Regardless, this very nascent subject requires further contemplation in order to establish a beneficial position. Advancement initiatives are facing several challenges that significantly impact project aspects, such as time, cost, and quality. This assessment is based on findings from a survey conducted on risk management activities in India. It outlines the importance of various types of threats, the level of commitment towards them, and the effectiveness of some common risk management techniques used in the industry. Two types of risk management systems were examined: proactive measures that may be implemented before to the commencement of a project to mitigate anticipated risks during project execution; and reactive methods that are employed during the execution phase after a risk has already occurred. The evaluation revealed that financial concerns, on-site events, and inadequate planning are the primary hazards that affect the majority of development projects. As previously stated, the recruiter is responsible for the majority of risks that arise during the execution phase, such as issues pertaining to subcontractors, work, mechanical assembly, availability of materials, and quality. On the other hand, the client bears the responsibility for risks such as financial issues, issues related to contract reports, changes in codes and regulations, and level of work. Additional findings from the assessment indicate that the most effective risk management strategies involve developing a well-structured plan based on updated project information and insights from previous similar projects. On the other hand, close monitoring and coordination within activities are the most effective risk management techniques. It might be argued that the principal risks should be well handled in order to mitigate or eliminate their consequences for the project. These measures are necessary as they enable project managers to concentrate on critical areas for enhanced project management in India