Project-based learning has been used in engineering education because of its expected effectiveness in developing students' professional knowledge. With a growing number of Project-based learning research and practices in engineering education, a systematic review was conducted regarding the use of Project based learning and risks of failure. It has been noticed that risks in the implementation using Bayesian Belief Networks and Analytical Hierarchy Process have not been addressed in the current reviewed literature, and even less attention has been paid to risk responses. The aim of the study is the identification of the risks on the use of the Project-Based Learning Method on the teaching of Operations Management disciplines to engineers and propose a method to combine the risks by using Bayesian Belief Networks and Analytical Hierarchy Process to establish prioritization for responses. The author conducted an in-depth literature review of Journals indexed in Scientific Databases, such as Google Scholar, Scielo, Scopus, Web of Knowledge, and Journals related to engineering education listed in JCR Journal Citation Reports. Based on the information obtained from the researched literature, respective actions are recommended to improve the method currently used to attain operational excellence in the teaching of Operational Management. Recommendations on future research directions for engineering education researchers are proposed to optimize Project-based learning curriculum design.