Construction companies need to manage risks effectively. Russian construction firms are adopting best practices in risk management, but there is room for improvement. Key areas for development include integrating risk management into company strategy, collecting statistical data, improving communication between departments, involving key stakeholders, and enhancing information quality on risks. Qualitative risk assessments are crucial in construction projects, but are not widely used in Russia. This article defines qualitative risk assessments and complex risks in construction, outlines tasks in construction risk management, and suggests algorithms for addressing related issues.