Abstract
Macquarie Dictionary define ‘Risk’ as the chance of an adverse event depending on the circumstances. In the field of engineering, the risk is often described as a specific unwanted event and including the consequences or loss. Usually residual risk from civil engineering project would lead to serious effects. The control of residual risk is an important subject in modern civil engineering management research. In this paper, a residual risk controlling methods will be present. Firstly, the definition and other mentioned concepts will be introduced. It includes the definition of residual risk and other concepts of risk that are often confused. Next, basic ways of dealing risk will be mentioned.
