Abstract: An exemplary embodiment of the invention relates to a method, system, and storage medium for optimizing project management and quality assurance processes for a project. The method comprises performing risk assessment analysis on project data utilizing pre-established risk criteria. If the results of the risk assessment analysis indicate a project exceeds a pre-defined risk threshold: performing a project review assessment utilizing pre-established assessment criteria; generating a summary review including analysis data, conclusion data, and recommendations data based upon the results of the project review assessment; transmitting summary review information to designated management personnel; implementing the project; documenting project execution data; and storing the project execution data in a storage location. Other embodiments include a system and storage medium for implementing the invention.