This research focused on the challenges experienced when executing risk management activities for information technology projects. The lack of adequate knowledge management support of risk management activities has caused many project failures in the past. The research objective was to propose a conceptual framework of the Knowledge-Based Risk Management (KBRM) process, which integrates KM and RM processes, and presents a methodology for applying the KBRM (RiskManIT) conceptual solution. The research strategy was qualitative and was supported by interviews with subject matter experts to validate the research. The key contribution is the development of a Framework, which integrates the Knowledge Management activities with Risk Management for Information Technology Projects (RiskManIT). The RiskManIT Framework provides the ability to develop remedial project management actions that address the problem of IT project failures by integrating KM and RM in a single framework. [The dissertation citations contained here are published with the permission of ProQuest LLC. Further reproduction is prohibited without permission. Copies of dissertations may be obtained by Telephone (800) 1-800-521-0600. Web page: http://www.proquest.com/en-US/products/dissertations/individuals.shtml.]