The aim of the book is to assess and practically apply various methods of risk management. Selected methods are categorized according to the phase model of risk management and are presented clearly. The focus of the presentation is on risks that arise in the context of a project. Thus, the book helps to minimize risks, especially in projects in the development, research, or service sectors. The presentation gains particular clarity through a constructed case study from the field of road construction, where the different methods are concretely applied in a virtual practice environment. The book is aimed at all those who deal with questions of new organization and, in particular, project management in higher education, business, or administration.