Project success depends on the ability to respond to risks and make correct decisions in a timely manner. The project approach provides a better framework for implementing a new management system into the company’s business processes. The risk management framework developed by the company comprises a risk management infrastructure, a set of standards, human resources, and a risk management information system. To improve staff compliance, it is necessary to provide training and to communicate the goals of the project effectively. It is also important to develop a motivation system because well trained and motivated staff are able to work more efficiently.

Digital transformation has a signifi cant impact on economic processes. It is usually associated with new opportunities. But it can also lead to risks. Th is article deals with the crucial elements of the digi-tal transformation of a gas transportation enterprise. Analyzing its current digital state, the goals and objectives of the digital project are determined. Th e project risks are identifi ed, evaluated and treated.

Automation of risk management helps companies get more accurate, structured and accessible data for their operations. This leads to implementing of data-driven decision making (DDDM).Due to the implementation of DDDM, interaction between risk management participants has been automated.The automation of risk management has simplified data incoming so that managers can have accurate and updated data whenever they need so they can prevent risks, report them as soon as they arise and manage them.