The term “project risk” can encompass an

The term “project risk” can encompass an enormous range of issues:
Defined as anything that threatens or limits a project’s goals, objectives or deliverables, project risk includes:
cost overruns,
excessive changes,
schedule overruns,
procurement problems,
contract issues,
labour issues,
government regulations
client issues
The sheer amount of work being performed on the average job-site every day and the numbers of variables that come into play, mean that exposure to construction risk is a daily occurrence.
New job-site tools––especially project software, are vital to the success of today’s risk management efforts.

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