risky venture vs project

risky venture and project both are nouns.

Word	Noun	Adjective	Verb	Adverb
risky venture	Yes	No	No	No
project	Yes	No	Yes	No

As nouns, project is a hypernym of risky venture; that is, project is a word with a broader meaning than risky venture:

Other hypernyms of risky venture include labor, labour, task, undertaking.

risky venture (noun)	project (noun)
a wild and exciting undertaking (not necessarily lawful)	any piece of work that is undertaken or attempted
	a planned undertaking

risky venture (verb)	project (verb)
	present for consideration, examination, criticism, etc.
	regard as objective
	communicate vividly
	throw, send, or cast forward
	transfer (ideas or principles) from one domain into another
	imagine; conceive of; see in one's mind
	make or work out a plan for; devise
	put or send forth
	draw a projection of
	cause to be heard
	project on a screen
	extend out or project in space