As the risk management of information technology is more and more important for enterprises' crisis management, the emphases of the whole course moving from the back to front has become an obvious trend in IT project's development. The IT project's establishment is no longer a simple and single action, but a complicated process which can be taken as system engineering. To effectively control risks from the every start and reduce the failure risk to the greatest degree, the risk management in IT project's establishment is specially studied in this paper. The concept and process of IT development project's establishment is identified first, and then the risks existing in its course and their corresponding reasons are analyzed in depth. Finally, an integrated approach system is proposed, which aims at providing guidelines to help the IT project managers control their projects' failure risk in the establishment stage.