A systematic literature review approach using keyword search in the various academic databases was employed to capture, classify This study investigated the risk management practices of small and medium scale enterprises in Nigeria. In order to achieve the purpose of the study, data was collected from ten (10) small business owners through the use of structured questionnaires which was analyzed using simple percentages. Small to medium enterprises (SMEs) make a key contribution to the economy in terms of employment, innovation, and growth.
In the European Union, they generate 60% of GDP, provide 70% of employment, and 25% of their turnover comes from new products. Project management plays a significant role in facilitating this contribution.