The Governance perspective in the AWS Cloud Adoption Framework (AWS CAF) includes the risk management capability.

Key points about AWS CAF perspectives:

• Governance Perspective: Focuses on managing and mitigating risks, ensuring compliance, and establishing cloud governance policies
• Business Perspective: Focuses on business outcomes, value realization, and business case development
• Operations Perspective: Focuses on running, monitoring, and operating cloud workloads
• People Perspective: Focuses on organizational change management, training, and skills development

Risk management is a core component of the Governance perspective as it helps organizations identify, assess, and mitigate potential risks associated with cloud adoption while maintaining compliance with regulatory requirements.