Identification and analysis of risks in civil engineering projects

The main and primary goal of the research in this paper is to analyze the actual current situation in domestic civil engineering, by determining the causes of missing deadlines and exceeding budgets of civil engineering projects. Since the results of this research also indicate the most likely problems that could arise during the construction of a project, the findings and conclusions could be used in risk assessment and drawing up dynamic plans for actual projects, which would improve the situation in domestic civil engineering and increase productivity of this important industry. The results obtained in this paper provide a modern approach to the problem of risk in construction, provide a realistic insight into risk factors on civil engineering projects in the Republic of Serbia and the surrounding area, and facilitate the establishment of a better correlation between theory and practice in project management and risk management.