This construction risk management plan example showcases what your risk management plan should include, and is free to use and customise for your own needs.

A construction risk management plan is a pretty important document in an industry fraught with risk - from project start to end. In fact, risk management is one of the most important activities which a company can conduct to give its projects the greatest likelihood of success.

A properly documented and organised risk management plan helps companies to:

1. Outline the project management, financial, legal, safety and environmental risks associated with work
2. Score and prioritise these risks on a point scale (consequence x likelihood)
3. Create a risk action plan to tackle these risks and either:
   1. Avoid the risk entirely
   2. Mitigate the risk
   3. Transfer the risk
   4. Accept the risk and take necessary cost-benefit precautions

This construction risk management plan example comes pre-built with the structure you need to properly create and maintain a risk management plan for your projects - and you can edit it to suit your projects as you need.