The crisis can be defined as a process, state or event that can cause irreparable damage to society, individuals and organizations. Poor crisis management and unprepared confrontation with different types of crises can lead to material consequnces and often to human casualties, as well as to the company breakdown. Crisis management is responsible for successful managing of a crisis. In every crisis situation, the management's reaction is placed in the first place in order to resolve it in the best possible way. Regarding external factors of crisis situations the management has little, almost no, possibility of action, while in every other crisis it bears the greatest responsibility. Its task is to react quickly, to eliminate the difficulties, to confront them and try to prevent them. Since crisis management can not foresee certain crisis situations in the environment, it must act in time and see the first signs of crisis so that no major losses can occur. This paper aims at including the area of anticipatory risk management, the role of management, and all the economic consequences and causes of potential events that the designer / company may face in the future on the example of the Vaiont Dam. It will analyze how these potential risks are minimized and what measures are needed to reduce them. By making good and quality decisions on time, analyzing the issues, avoiding potential potential problems, a successful management of the crisis is enabled.