As DR. Simon stated the old proverb “ if you fail to plan, plan to fail”. This means including risk management helps for a company not to fail suddenly. If a company never considered risk management then when an actual problem did arise they may not be ready for a failure that takes place suddenly. Risk management can be planned ahead time before the project starts wither ES, LS. Having a Risk management strategy in place when something does happen can only help the company. In terms of money with time if something does happen you may need spend more money to get the project done still on time. Therefore having a buffer of money included in a risk management plan can help still keep the project on schedule.