Unquestionably, there are neither risk-free projects, nor industries. Risk complexity and impact vary from project to project, and so does their treatment. Luckily, there are proven risk identification and mitigation techniques that can help us proactively prevent problems that might occur in every software development project. This session will cover Risk identification and Evaluation, creating a Mitigation plan, and development of a Contingency plan, or plan B. Vivid real-life examples will help you learn how to define the probability and impact for every registered risk, understand the levels of mitigation, and how it pays off to maintain a contingency plan throughout the whole project/product development process. Risk management is an iterative process and this session will tickle your brain on how to eliminate or reduce the impact risks may have.