Project management is the way of managing change by designing activities that meet specificrnobjectives by involving stakeholders and teamwork to achieve successful implementation. Thernmain purpose of the study was to assess the practice of risk management on save the children inrnEthiopia. The study used primary data which was collected by a means of interview andrnquestionnaire. Data was collected from 21employees that are found in the main office of AddisrnAbaba in the department of project management. Respondents were experts of projectrnmanagement office, project teams and project manager. Quantitative data was analyzed by usingrnStatistical Packages for social science (SPSS) version 25 and qualitative analysis was made byrnrelating with literatures written in similar area. The result showed that general practice of riskrnmanagement is highly implemented except Project team members are getting active training andrndevelopment about risk management. Most of a time uncertainty occurred in a project is handledrnby project manager followed by consultant. In risk planning only relevant stakeholders arerninvolved. Expert judgment is the most widely used tools and technique used in risk planning.rnAccording to risk identification; risk is not identified throughout the project. Projects are mainlyrnexposed to technical risk and operational risk. Identification of risks in projects is mainly usedrnassumption analysis and expert judgment followed by SWOT analysis and Documentationrnreview. In risk analysis document is not updated after risk is analyzed. The primary tool andrntechniques in risk analysis are risk probability, impact assessment and expert judgment. In riskrnresponse strategy avoiding and transferring are highly implemented. In risk control andrnmonitoring, risk is not reviewed periodically and risk response is not audited. The correlationrnbetween dependent and independent variable is positively correlation and significant. Finally thernstudy recommended what to be done for future research.