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The program to treat and dispose of the highly radioactive wastes stored in underground tanks at the U.S. Department of Energy’s Hanford site has been studied. A strategy/management approach to achieve an acceptable (technically sound) end state for these wastes has been developed in this study. This approach is based on assessment of the actual risks and costs to the public, workers, and the environment associated with the wastes and storage tanks. Close attention should be given to the technical merits of available waste treatment and stabilization methodologies, and application of realistic risk reduction goals and methodologies to establish appropriate tank farm cleanup milestones. Increased research and development to reduce the mass of non-radioactive materials in the tanks requiring sophisticated treatment is highly desirable. The actual cleanup activities and milestones, while maintaining acceptable safety standards, could be more focused on a risk-to-benefit cost effectiveness, as agreed to by the involved stakeholders and in accordance with existing regulatory requirements. If existing safety standards can be maintained at significant cost savings under alternative plans but with