Nowadays is possible to hear more about term project. This term is used in school, business, in founding, and in many others environments, too. Some business activities are very complicated nowadays and those activities are running as a project. Based on this fact was established term project management. Project management leads very specifically projects. These big projects obtain a lot of risks. Project teams must assess each risk and monitoring them during all project duration. They must to review them, too. The purpose of this paper is create risk management process by standards ISO 21500:2012 and ISO 31000:2009 and highlight benefits of its use in project risk management process. If project team uses these two standards, it is possible to better use opportunities and manage threats. Project risk management process, which was created is described in this paper, too. Use established project risk management process may improve the success of projects in enterprises. Main goal of this paper is develop and described project risk management process, which was designed in this paper.