Construction Risk Management Software

Manage construction risks before they drive up costs or delay delivery

Construction risk management software for owners, developers, and client-side teams. Assess cost and schedule risks, plan mitigation, and keep stakeholders informed through one shared risk register.

50%
Time saved on project risk management
95%
of consultants saw better project visibility
76%
Improvement in financial forecast accuracy

Helping project Management teams take control of construction risk

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Airport Retail Group
A logo with black text that says "Australian Department of Defence"
Jacobs company logo with stylized 'JACOBS' text in bold black letters on white background.
The Projects Group logo with blue and orange squares beside the text.
The word Tango in bold orange letters with a stylized lowercase g.
A logo of RPS.
Wellington Water logo with stylized W and water droplet in blue and teal colors.
Logo with a blue cross and heart symbol next to text St Vincent's Health Australia.
Superyacht Project Management logo with a circular symbol above the text.
Summertown Interiors logo with a stylized white tree on a red square and text on gray background.
SOILCO logo with stylized dark and green shapes forming an S above bold text
Black and white diagram of a traditional crossbow with labeled parts and descriptions.
Octopus Energy Generation logo with octopus and energy words in dark and green text.
Waterfall with wide streams flowing down rocky cliffs surrounded by green hills and trees.
Exagen company logo with purple letters and a teal accent on the letter X.
The Australian Army emblem with crown and sunburst above the word Army in red text.
Super Retail Group text logo with three slanted bars in orange, blue, and red on the right.
HOLT Group logo with stylized vertical bars and bold letters.
Newcastle Airport logo with colorful star-shaped graphic and text.
Text logo with PAULSON above PUERTO RICO, separated by horizontal lines.
Cheo in bold rounded purple letters on a transparent background.
Retire Australia company logo with blue diamond icon next to gray text.
Logo with maroon double arrow curving right above lowercase 'cfb' and text Carrollton-Farmers Branch ISD.
COHA Group logo with stylized 'A' and horizontal line beneath.
Airport Retail Group

Turn construction risk assessments into action

Decide which risks need attention, how to respond, and what costs to allow for. Give owners, clients, and project teams a shared basis for funding and delivery decisions.

Prioritize construction risks that threaten delivery

A long risk register can make significant threats easy to miss. Focus attention and resources on the risks with the greatest potential cost or schedule impact.

Use Mastt's risk matrix to assess likelihood and impact, then compare ratings, cost estimates, and potential delays in one construction risk register.

Mastt risk matrix and register with delivery and safety risks, plus the selected risk’s responsible role and pre- and post-treatment ratings.
Mastt risk treatment panel showing the responsible project manager, status dropdown, and pre-treatment versus expected post-treatment risk, cost, and delay assessments.

Plan mitigation and understand what risk remains

Clarify who will carry out each treatment and judge whether your mitigation plan leaves a level of risk your project can accept.

Link each risk to its causes, impacts, and treatments. Compare pre-treatment and expected post-treatment assessments to understand residual risk: the exposure you expect to remain after mitigation.

Build risk provisions into your project cost forecast

A forecast that excludes risk costs can understate your funding needs. Give owners and clients a clearer basis for budget reviews and funding decisions.

Link selected risk provisions to the relevant budget in the Mastt Cost module. Each provision contributes to forecast final cost, making your allowance for risk explicit.

Mastt risk provision chart and register showing six risk categories, post-treatment costs, cost factors, and allowances totaling $167,500.
Mastt risk reporting dashboard showing a risk matrix, category chart, and risk table, with sharing, PDF download, and Excel export options.

Guide owner and client decisions with clear risk reporting

Give owners and clients a clear view of project exposure so they can challenge assumptions, agree on responses, and decide where to intervene.

Build project risk reports with matrices, category charts, and risk tables. Use a combined program view to review exposure across projects and prepare stakeholder updates.

Connect risk exposure to cost forecasts and program oversight

Connect your risk register to wider project controls. Use selected risk provisions in cost forecasts, show risk matrices and tables in dashboards, and review risks from multiple projects in a program.

AGENT

AI Agent for Construction

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Agent

Multiply your people with AI Agents. Helps one person produce the output of many.

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Knowledge

AI that knows your company’s templates, procedures and lessons learned.

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Templates

Upload the templates you already use, and your AI Agent drafts on-brand, every time.

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Workflow

Set up a process once, and let Agent run it every time.

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Program

Unlock program visibility, control and results

Program Dashboard

Mastt brings every project in your program into one clear, connected view.

Program Controls

Roll up cost, risk, schedule, and reporting from every project into one unified, real-time view.

Data Confidence

Consistency across every project. Secure, centralized data, full audit trails, and real-time decision-making.

AI That Scales Across Your Portfolio

Mastt’s trusted AI eliminates the admin and manual standardization that slow your team down.

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User interface displaying multiple project cards with images of buildings and construction, showing project counts and team member icons with check marks.
Dashboard

Turn project chaos into clarity with real-time dashboards

Project Dashboard

Keep track of projects with live, interactive reports 24/7

Report Templates

Fast & automated reports from project status to project portfolio reports

Powerful Visualizations

Capital project charts, maps, visualizations and other components out of the box!

Report Storage

Snapshot & store entire projects or reports for record keeping & compliance

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Dashboard interface showing Budget and Committed metrics, a dropdown menu with options to Download PDF or Share Dashboard highlighted with a cursor, and key performance indicators for Scope, Time, Cost, Risk, Safety, and Quality.
Cost

Project cost management software for total control

Project Budgeting

Digital ledgers and smart forms for financial precision

Variance Analysis

Track costs back to budgets and see unders/overs

Commitments

Centralize all contracts & payments back to budgets

‍Cash Flow & Forecasting

Report on cash flow actuals, forecasts, and baselines

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Finance dashboard showing Budget vs Actual chart with colored bars for Budget, Variance, Forecast Final Cost, and Payment Progress, and a Finance Bar Chart by Project with purple and green bars.
Schedule

Know what’s happening, what’s next, and what’s at risk

Complete Visibility

Manage the complete project lifecycle across your portfolio

Key Milestones

Tracks your project through key milestones

Track Phases & Stages

Manage projects through clear phases, stages and gates

Health Reporting

Measure performance of a portfolio of projects

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Risk

Risk management made easy

Best Practice

Risk Management process made simple and configured to your likelihood & impact ratings

Impacts & Treatments

Streamline Risk Analysis on your 5x5 or 4x4 Risk Matrix and identify Treatments

Report & Workshop

Visualize Risks for fast, easy reporting and workshopping. Generate a Risk Register

Project or Program

Maintain Risk Registers at a Project or Program / Portfolio level

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Project risk matrix for Pre-Treatment showing likelihood versus impact with colored risk levels and a table listing three risks with post-ratings labeled Low, Very Low, and Medium.
Document Management

Everything you need for document management

One central hub

Store every contract, report and project file in one secure place.

Organized project folders

Structure every project with clear, consistent folders your whole team can navigate.

Find and preview documents

Search by file name and preview PDFs, Word documents, and Excel spreadsheets before downloading.

Linked to finances

See every document tied back to its source in your project - contract, payments, changes and more.

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Mastt document library with project folders, PDF, Word, and Excel files, and an open Actions menu for moving, downloading, or deleting a file.

Construction risk management for owners and client-side teams

Give client-side project managers a shared view of risks, mitigation responsibilities, and cost exposure to support project reviews and owner decisions.

Prepare for construction risk reviews with practical templates

Set assessment criteria with a risk matrix, organize risks in a register, and plan your response. Use the construction risk plan and workshop agenda to structure team reviews.

Assess, treat, and report on construction risks in one workflow

Explore Mastt’s risk register, configurable risk matrices, and tools for documenting treatments and building risk reports.

Risk Reporting

Create clear risk reports on threats, impacts, treatments, and project risk trends in real time.

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Risk Register

Replace spreadsheet risk registers with a single, easy-to-use risk table.

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Causes

Track the cause behind each risk, assess likely impact, and support faster action in one workflow.

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Risk Matrix

Configure a 5×5 or 4×4 matrix to assess risk likelihood and impact.

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Treatments (Mitigations)

Add treatments to reduce the impact or likelihood of a risk occurring.

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Impacts (Consequences)

Record the potential cost and schedule consequences of each risk.

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Testimonials

Why project leaders recommend Mastt for risk management

Customers describe how Mastt helps them involve stakeholders in risk reviews, reduce reliance on spreadsheets, and identify risks and issues earlier across projects and programs.

Mastt has provided the team with total visibility over their individual projects as well as the overall program of work. It has reduced the need for numerous spreadsheets, which prevents errors from occurring and allows risks and issues to be picked up earlier.

Rebecca White

Practice Lead

I really like how Mastt’s software brings together very easily all of the fundamental project management, risk management, and construction concepts. Very simple and easy-to-use.

The risk module is interactive and a welcome change from traditional spreadsheets. The Mastt team has been very supportive in assisting in planning project risk workshops. I highly recommend the Mastt risk module to other construction professionals.

Barton Johns

Director

Risk management and communication of the risks at different business levels is excellent.

Mathew Jetson

Associate Director

I have used the Mastt risk module on my recent projects with great success. The module has enabled real-time management of project risks in a visual format, which encourages project stakeholder input. I highly recommend the Mastt risk module to other construction professionals.

Barton Johns

Director

With Mastt, it is so great to get constrained data instead of all the stuff that comes out of the wash... death to spreadsheets!

Geoffrey Barton

Frequently Asked Questions

What is construction risk management software?

Construction risk management software helps owners, developers, and client-side project teams identify, assess, and respond to risks that could affect project costs and delivery dates. It combines a risk register, likelihood and impact assessments, mitigation plans, and reporting to support project decisions.

Why use Mastt instead of a spreadsheet risk register?

Mastt connects risk records, assessments, treatments, and selected cost provisions in one workflow. Your team can compare exposure in risk matrices, include allowances in cost forecasts, and build reports from the same records. This gives risk reviews and project reports a shared source of information.

Can we import our existing risk register?

Yes. Mastt supports bulk risk imports using its CSV template. Prepare your existing register in that format, then review the records before adding them to your project. This lets you migrate spreadsheet risk records without entering each one individually.

Can we use our own risk assessment framework?

Yes. Mastt supports configurable 4×4 and 5×5 risk matrices so your team can assess likelihood and impact against agreed criteria. You can align the module with your risk management framework and work with the support team to configure risk categories. Consistent criteria help teams score and compare risks across projects.

How can we judge whether planned mitigation is enough?

Mastt lets you compare pre-treatment exposure with expected residual risk: the exposure you expect to remain after mitigation. Review likelihood, impact, estimated cost, and potential delay against your project’s agreed acceptance criteria to decide whether the planned response is sufficient or needs further action.

Can risk allowances feed into our project cost forecast?

Yes. In Mastt's Cost Management module, you can link a risk provision to a project budget and apply a percentage factor to the provision amount. The resulting allowance contributes to forecast final cost, so owners and clients can see the risk costs included in the forecast when they review the budget.

Can I manage risks across multiple projects or a program?

Yes. Mastt lets you manage risks within individual projects and view them together at program level. You can also add program-level risks that affect multiple projects. Updates to project risks flow into the combined view, helping owners and project managers review overall exposure. Program access depends on your subscription.

How can owners and clients review our risk information?

Owners, clients, and stakeholders can review a live risk dashboard through Mastt’s dashboard link sharing without creating an account. You control which recipients can access the dashboard, and they receive view-only access. You can also download PDF reports or an Excel risk register for review meetings and reporting packs.

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