The  authors  reveal  the  essence  of  the  implementation  of  investment  projects  in  the  construction  sector,  give  the  currently accepted list of risks in this area, and then by selecting the stages of the life cycle of investment projects suggest on that basis a new classification  of risks. The  value  of this classification  is determined by the fact  that for  each phase  we identified  a full range  of risks associated  with  each stage. This  allows  you to  prepare in  advance a set  of measures to  neutralize  these risks in life cycle stages  of investment projects, which is essential for the effective elimination of negative effects of these risks.
L.V. Prykina, O.A. Bezborodova Classification of the types of risks in the implementation of investment projects for construction of residential real estate // The Russian Academic Journal, Vol. 24, Issue 2, 2013, pp. 0-0

The authors reveal the essence of the implementation of investment projects in the construction sector, give the currently accepted list of risks in this area, and then by selecting the stages of the life cycle of investment projects suggest on that basis a new classification of risks. The value of this classification is determined by the fact that for each phase we identified a full range of risks associated with each stage. This allows you to prepare in advance a set of measures to neutralize these risks in life cycle stages of investment projects, which is essential for the effective elimination of negative effects of these risks.