In order to establish the causes and measures for technical risks that occur in various ground conditions when a subsea tunnel is excavated, it is important to configure expected risk scenarios. In addition, when the risk scenarios are classified because the scenario that occurs along all tunnel route and the scenario limited to some area are considered together, a logical framework with systematic and organized responses can be provided for project managements. In this research, project risk scenarios and management elements were configurated, and the project schedule was established for the management techniques to the risk scenario. The risk scenarios expected in a subsea tunnel were classified into a common risk scenario and a special risk scenario, and the concept which can combine with the project management elements was derived.