Offshoring is a widely used practice in the software development. It is mainly employed to reduce development costs. However, as in a number of studies have been shown, about 40 percent of offshore software development projects are flops. One predominant reason for it is the lack of standardized and practicable methods of risk management due to the inherent complexity of software development offshoring. Therefore, suitable methods and tools for the risk management specific to such projects are required. Firstly, this workshop will provide an insight into various aspects of the risk management of offshore software development. Secondly, tools and methods for the risk management will be discussed and presented. Thirdly, priorities for further research will be identified. The results of this workshop will, on the one hand, benefit companies sharing in the software development offshoring and, on the other hand, academics to identify the demand in the furher reseach.