The role of GR management in minimizing project risks at the legislative level

The article examines the pressing issue of minimizing project risks at the legislative level through GR management tools.The relevance of this topic is driven by the increasing importance of business interaction with government authorities in the context of constantly evolving regulatory frameworks.In the modern environment, the successful implementation of projects is impossible without monitoring legislative initiatives and participating in the development of regulatory frameworks.The study aims to conduct a comprehensive analysis of the impact of GR management on reducing project risks associated with legislative changes.Key functions of GR management in mitigating project risks have been identified, including monitoring legislative initiatives, participating in discussions on regulatory acts, establishing connections with key stakeholders, and informing internal teams about legislative changes.Particular attention is given to the experience of major technology corporations such as Meta, Apple, and Google, which actively employ GR strategies to mitigate risks associated with new regulatory requirements in the European Union.The findings indicate that the effective integration of GR management into project management processes reduces legal risks and enhances business resilience amid dynamic regulatory environments.The article presents an original analysis of strategies aimed at reducing legislative risks and adapting business processes to regulatory changes.The study will be useful for project managers, GR and corporate governance specialists, researchers in risk management, and professionals involved in business-government relations.