Współczesna Gospodarka Contemporary Economy Vol. 2 Issue 1 (2011) 63-75 Electronic Scientific Journal ISSN 2082-677X www.wspolczesnagospodarka.pl RISK MANAGEMENT IN E-LEARNING PROJECTS OF COURSES DEVELOPMENT AND IMPLEMENTATION Michał Kuciapski Summary The aim of the article is to present elaborated risk management model in project ma- nagement of e-learning courses development and implementation. Showed model of risk management is a part of a complex, integrated model for e-learning projects' processes management. The starting point of the article is an analysis of the current state of scienti- fic literature in the field of project management for e-learning courses with a thesis that there are no suitable models adapted to the specifics of e-learning. For the thesis confir- mation a case studies of four e-learning institutions with significant experience in e- learning field is being shown. Developed risk management model is presented in the third part of the article. It starts from showing elaborated general processes map, with integra- ted risk management. Finally detailed risk management models for distinguished proces- ses are being presented. The article is based on case studies of European institutions with significant e-learning projects realization experience, like: Oncampus, Lübeck University of Applied Science from Germany; Distance Education Centre, Kaunas University of Technology from Lithuania; Center of Distance Education Development, Higher Banking School and Educational Portal of University of Gdansk, University of Gdansk. It also in- cludes author's six years experience gained by participation in e-learning projects, like in- ternational Baltic Sea Virtual Campus and national POKL as courses’ author, instruction- al designer and it coordinator. Keywords: e-learning, risk management, project management 1. Risk management in general models for developing e-learning courses Experts generally agree that the ADDIE model (fig. 1) is a good illustration of the essential steps in the instructional design and development process of e-learning courses [14].