Risk management at the life cycle stages of an investment and construction project

Modern conditions for the development of the construction industry are characterized by a high rate of change and unpredictability. This phenomenon is reflected in the uncertainty of situations for the implementation of projects in the industry, in particular, the implementation of investment and construction projects. In this regard, the issues of risk management of an investment and construction project are relevant and in demand in modern realities. At the same time, the risks of investment and construction projects should be examined taking into account their significant number, which determines the specifics of the assessment and management processes, and requires consideration at the stages of the project lifecycle. In this regard, the paper represents an attempt to form methodological provisions on risk management of an investment and construction project at the stages of its life cycle. The identification, grouping and assessment of project risks at all stages of its life cycle was carried out and a set of measures was proposed to reduce the negative impact of the main ones.