In this era, there is a plethora of medical researches and inventions going on around the globe. There are developments and initiatives taken towards a healthy world but along with them are some risks that prevail in the healthcare industry. Risk management is defined as the process of identification, assessment and controlling the risks to avoid the occurrence of mishaps. Clinical research is held out with proper prediction, prevention, and management, yet there are various risks that can result in huge loss and delays. Importance of Risk Management in Clinical Trials Clinical trials are of great virtue and their successful execution is of great importance. However, each trial comes with challenges and risks and there is no perfect solution to avoid the risks that pop up during their execution. The challenges faced by the clinical research administrators, which are addressed within the risk management plan are: • Safety of the patients • Avoiding any potential medical error ...