Theoretical approach to construction project risk management system

Risk management in construction is an important scientific and practical task. During the long life cycle of a construction project, a large number of controlled and uncontrolled risks affect it. Thus, the work identified two groups of risks that affect the project - these are the risks of the project life cycle and the risks of the project's environment. The first includes technical, managerial and commercial risks that arise at all stages of the project. The environmental risks of the project include financial, economic, social, external and environmental risks. Thus, the work presents a system of risks of a construction project and suggests ways of managing them