In this paper the project management risks will be studied at Camfil Farr and then project management competency development program will be proposed as mitigation plan. There are a wide variety of risks types around project management subject but since on main risks should been focused, our study will be limited on those main risks and provid a risk questionnaire that contain ten questions to survey the risky situations related to project management at Camfil Farr. Then analyze of result will be started that is gained from the company and with the help of tools such as histogram will be tried to find a suitable way to deal with these risks and based on this study our mitigation plan will be built. In the risk management section, root causes of risk factors will be studied by cause and effect diagrams. It should be noted that, PMBOK 2004 will be used for definitions of project management and its framework for analyzing of project management risks and developing competency development program.