Abstract
This study aims to Analyzing the nature of Construction Projects, Analyzing the Nature of Construction Projects Risk, and Analyzing The mechanism of Risk Management. This Study adopted The Quantitative Method. The Summary Concluded From The Study Lies in the Theoretical Study of construction Project`s Risk. The Construction Project Contains Many Risk Which Related to Different Factors: 
 
 Legal, Organizational, Technical, Zoning, Financial, Social and Political Factors. The Process of Management of Construction Projects includes: 
 
 Planning of Risk Management, Risk Identification By (Checklist Analysis, Questionnaire, Personal Interview, Brainstorming Technique, Delphi Technique), Risk Analysis By Qualitative Analysis By (Probability and Impact Assessment, Cause and Effect Diagram, Probability and Impact Matrix) and Quantitative Analysis By (Probability Distributions, interviews , Sensitivity Analysis, Fault tree, Events tree, Munte Carlo Simulation), Planning the Response to Risk By (Strategies for Response to Negative Risk , and Strategies to Positive Risks), and Risk Control and Cheek. Depending on The Conclusions, The Study Recommends the Following:
 
 
 Process of Assessing The Efficiency of Construction Companies. 
 Use Qualitative Analysis and Quantitative Analysis in The Process of diagnosis, and Categorization of Risk in the Process of Risk Management.
 Studying Types of Contracts of Construction Projects. 
Highlights
Construction sector consists of a group of activities, which are related to engineering construction works of various kinds
As far as the practical base is concerned, this study provides a clear conception of the risks that this sector is exposed to, how these risks are qualitatively and quantitatively analyzed as well as risk identification tools, and risks response strategies, which will help decision-makers in this sector learn about the nature of these risks in all their aspects in a way that helps generate ideas through which plans and strategies are formulated, which are based on principles, standards, and correct, clear, and scientific methodology, that is compatible with the variables and international standards, which will help reduce the negative effect of risks in a way that contributes to the success of projects of this sector
One of its most important aspects is the length of time, which leads to a change in circumstances since there are many phases of the construction project's life cycle, starting from project beginning phase, to planning phase, execution phase, following up phase, and ending with closing phase
Summary
Construction sector consists of a group of activities, which are related to engineering construction works of various kinds. As far as the practical base is concerned, this study provides a clear conception of the risks that this sector is exposed to, how these risks are qualitatively and quantitatively analyzed as well as risk identification tools, and risks response strategies, which will help decision-makers in this sector learn about the nature of these risks in all their aspects in a way that helps generate ideas through which plans and strategies are formulated, which are based on principles, standards, and correct, clear, and scientific methodology, that is compatible with the variables and international standards, which will help reduce the negative effect of risks in a way that contributes to the success of projects of this sector
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