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PT ABC is one of the company that build and operate a coal-fired steam power plant in Komering Agung Village, Gunung Sugih District, Lampung Tengah Regency. Since the power plant has operated in 2014 until now, they do not have a risk management system. Therefore, there are several risk events that cannot be overcome by the company. If the company has implemented risk management, they can find out a list of risk events that will be faced, classify risks that need to be prioritized, and what risks that acceptable according to the companys risk appetite. In this thesis the risk management design is based on ISO 31000: 2018. The discussion of the risk management process starts from the determination of the risk context to the risk assessment. Furthermore, this thesis will discuss about improving the level of risk management maturity using a "Risk Maturity Model" tools which developed by Chapman (2011). This improvement is needed for the company so that the application of risk management becomes more directed. There are five measured dimensions, which are culture, system, experience, training, and managerial of risk management. The results of this study are a description of risk map from 55 identified risks and design activities to improve the risk maturity level for each dimensions until they reach Level 3 (Standard).