Today, risk management efforts in healthcare organizations are aligned behind patient safety and finding ways to work together more effectively and efficiently to ensure that their organizations provide safe, high-quality patient care and continue to reduce risk. Purpose: The current research aimed at clarifying and defining the concept of risk management, its attributes, it is implications, process, risk management roles and responsibilities at critical care units. Method: In this study, the steps of concept analysis were as follows: Select a concept, determine its aim, identify various definitions of the concept, attributes, determine its implications, process and identify the risk management roles and responsibilities. Data Collection: For the purpose of this concept analysis, PubMed, Google search engines, Ovid, CINAL and ProQuest, were scanned and searched using the keywords. Conclusion: Risk management is a requirement for hospital accreditation and focuses on improving the quality and safety of healthcare services. Healthcare providers want to improve outcomes while minimizing the risk of harm to patients. Despite the provider's best efforts, medical error rates remain high with significant disability and death. Recommendations:  Conducting further research aimed at raising awareness of the concept of risk management and its effect on quality patient care in the intensive care units among different health sectors is recommended.