In this session, we will provide an overview of risk management in healthcare focusing on clinical laboratories. We will discuss the relationship of risk management to standards for best practice. The presentations will provide an explanation of explain how risk management is done and highlight risk management frameworks like Failure Modes and Effects Analysis (FMEA), Root Cause Analysis (RCA), and others. We will finally explore how risk management strategies are used in continuous improvement initiatives, and other projects bringing about change to the laboratory work environment and its processes.