Can time be considered a Risk in Risk Management?

I’ve been asked to produce an essay regarding a risk which effects my everyday life, for my Risk Management course.

Could time be considered a risk to base the essay upon?

No. Time is not a risk as it is a fact that will not change It is the one thing in life that has 100% certainty. The sun will come up tomorrow, like it or not, with or without you.

Risks are things that happen in the course of time.

On the other hand there is ‘operational risk’, such as the failure in a given process to achieve the results. Namely, if you spend your time poorly and ineffectively, you will fail to achieve a goal, even if the goal is good with a reasonable expectiation of success and no other impediments.