Scientific paper ID 1044 : 2014/3

The project risk is an uncertain event or condition that if occurs, may have a negative impact on the project. The proposed system for identifying, evaluating and managing the significant specific risks associated with the implementation of projects in the construction of transport infrastructure allows for the effective implementation of the projects. A very important element of this process is the management of risk register, which is done by tracking the process of overcoming them and assess their effectiveness. Identification and management of risks in construction is a complex task requiring the participation of interdisciplinary professionals thus are discussed in the report, especially the main elements of the process in the context of implementation based on predefined budget and project schedule.