Risk Management in human resource development and Talent Management enables organizations to identify, evaluate, analyze, monitor, and mitigate the risks that threaten their mission and strategic objectives. This research study examines the effect of risk management in human resources development and talent management in organizations including the Department of Finance and Administration. The development of this work encompassed a robust research effort that involved deep study, interview sessions, surveys, questionnaires, data analysis, and key conclusions. This is a transformative resource that enables entities to advance in their risk management visions and objectives