The research starts with a literature overview in order to provide the theoretical context about
the project in general terms with the focus on the project life cycle. Further, a description of
how the construction industry is operating in the field of risk management is provided. RM,
including the definition of risk, a descriptive part of the steps of the RMP , is then presented in
order to establish the foundation for this thesis. Subsequently, results from conducted
interviews are presented to show how the industry works with risks. In the discussion part, the
results from the interviews are analyzed and compared to the theoretical framework. Finally
the final recommendations are drawn up in the conclusion section. In Figure 1, a more
illustrative picture of the research structure can be found