Abstract The paper discusses content and scope of project risk management. The purpose of the paper is to reflect future trends in the field of project risk management. Understanding evolution in a historical time span is essential to be able to draw conclusions of potential trends of future developments. The fifteen years in the topic of the paper refers to the length of the author's past experience in the project risk management field. Keywords: Project management, risk management, risk analysis, quantification, project company, organizing for risk management, risk history, risk knowledge base

1. Introduction

An appropriate project risk management content is sought for. New aspects of project risk management are introduced. Also, a wider perspective is provided with a discussion about the role and content of risk management in a project company.