The risk identification is the first stage of risk management process, and all the subsequent
stages (such as risk analysis, assess, response policies and control) are based on it. The more you
identify risks truly and accurately will therefore inc
rease the accuracy and validity of all subsequent
stages in risk management process. On the basis of the importance of this phase this research came
to explore and identify the main risks facing the construction companies operating in Syria.
We follow the descriptive study in his research based on the problem of the study and the
objectives it seeks to achieve. The study population included all construction companies operating
in Syria. The researcher used a questionnaire specifically designed to identify risks in construction
companies by (Zou, et al., 2006) and the student conditioned its questions with the Syrian
environment.
The findings of this study show that inflationary risks ( materials cost- hand labor wages -
transportation costs) are one of the fundamental risks facing construction companies operating in
Syria, in addition to the absence of risk management culture is a major threat because it keeps a
bulk of the unknown risk and thus its effects and consequences are unknown, it noted the absence
of insurance culture at various stages of the work, making things very critical when risks and work
accidents occurs.
The most important recommendations reached by the student is:
1-The construction companies operating in Syria must organize construction contracts in a
way that include in its provisions the possibility of higher prices and the possibility of modifying
the value of the contract.
2- Risk management is an important process at all administrative levels. It can help in
determining the potential risks that may be faced and handling them.
