Risk Management
Find ways to identify and prepare for risks to your BIL-funded project.
It is important to create a process to identify project risks and response strategies up front to ensure successful project delivery. Learn how to recognize and prioritize project risks; assess likelihood, impact, and preparedness; communicate risks to project stakeholders; and construct an approach for managing risks. Preparing for risks early ensures you are equipped to effectively manage them and deliver your project on time, on task, and on budget.
The following is a collection of resources from across U.S. DOT relating to risk management.
U.S. DOT General Resources for Risk Management
Federal Aviation Administration (FAA)
Federal Highway Administration (FHWA)
- FHWA Federal Lands Project Risk Register Template
- FHWA Federal Lands Risk Management Guidance
- FHWA Risk Approach
- FHWA Risk Based Project Involvement Guidance
- FHWA Risk Management Tool
- FHWA Strategic Highway Research Program (SHRP2) Managing Risk in Rapid Renewal Projects
Federal Railroad Administration (FRA)
- FRA Practical Risk Assessment Methodology Tool
- FRA Project Management Resources
- FRA Risk-Based Project Management (Part 1)
- FRA Risk-Based Project Management (Part 2)
Federal Transit Administration (FTA)
Pipeline and Hazardous Materials Safety Administration (PHMSA)
U.S. DOT Training Resources for Risk Management
The following are a collection of training resources from across U.S. DOT relating to risk management.
- Federal-aid Essentials – Risk-Based Stewardship and Oversight (RBSO)
- NHI Course: 310065 Risk Management
- NHI Course: 134205 Probabilistic Risk-Based Estimating for Highway Project Cost and Schedule
- NHI Course: 134049 Successfully Managing Construction Scheduling and Risk
- NTI Course: Risk Assessment for Transit Capital Projects
Other Resources for Risk Management
Find below resources relating to risk management from other organizations. If you have a resource to include on the Project Delivery Toolbox, please share it with us!
- Transportation Research Board (TRB) National Cooperative Highway Research Program (NCHRP) Report Applying Risk Analysis Value Engineering and Other Innovative Solutions for Project Delivery
- TRB’s NCHRP Report Contingency Factors to Account for Risk in Early Construction Cost Estimates for Transportation Infrastructure Projects
- TRB’s Airport Cooperative Research Program (ACRP) Guidebook for Successfully Assessing and Managing Risks for Airport Capital and Maintenance Projects
- TRB’s NCHRP Guidance for Managing NEPA Related and Other Risks in Project Delivery Volume 1 and Volume 2
- TRB’s NCHRP Guidebook on Risk Analysis Tools and Management Practices to Control Transportation Project Costs
Share Your Risk Management Resources
Do you have a resource related to risk management to share? We want to know. Please send here.
Disclaimer: These resources provide an overview of the tools and information available to help successfully deliver BIL-funded projects. These resources are maintained on the U.S. DOT Project Delivery Center of Excellence website as a secondary source and do not supersede primary materials issued by each U.S. DOT Operating Administration. Note, U.S. DOT does not promote one resource over another. Accordingly, please work directly with the U.S. DOT Operating Administration managing your BIL funding for specific guidance.
Looking for Something Specific?
Try exploring the site of the U.S. DOT Operating Administration of your BIL funding.
