Risk management in sport is of vital importance in a litigious society that we live in today. The purpose of this study was to analyze and evaluate the safety risk assessment management in sports (RAM) guideline as proposed by Sport Singapore. A literature review based on legal aspects of risk management in sport, risk management practice of various countries, and previous studies of risk management in sport was conducted. On the basis of the literature review, similarities and differences between the Singapore risk assessment management model and other models were identified. An overview of elements and stages of risk assessment management was discussed to identify a common process. An evaluation regarding current risk assessment management practice adopted by Singapore was conducted and recommendations were made. Results showed that the sequential process of risk identification, risk estimation, risk evaluation, and risk treatment forms the basis of any risk assessment management model. A revised model for risk assessment management in sports in Singapore was proposed. The third stage of risk elimination in the RAM was replaced by risk estimation, in which the frequency and severity of identified risks are to be assessed. Risk treatment strategies were also incorporated into the revised model. Other recommendations include ongoing communication to stakeholders, monitoring and reviewing, implementation and documentation of the risk management plan. The findings of this study have provided a deeper understanding about the risk management practice in Singapore which sport organizations could use to better handle risk management in sport.