Following the results of the International scientific conference «Modern problems of global economy: from a celebration of ideas of liberalism to new«old» to an economic science», spent at Financial university on March, 4th, 2014. Scientific controversy over the need of the creation of a new approach to the socio-economic problems and the formation of a new methodology different from the one accepted in the "mainstream», is carried on among the economists for many years. Modern economic theory started facing significant difficulties in terms of the theoretical argumentation and the development of the ways to overcome the negative effects of a modern market system based on the use of traditional macroeconomic regulators. The process of the transition to the classical economic theory – political economy – is complicated but inevitable, for the solution to this problem corresponds to the national interests of modern Russia.

The article examines the risks of an investment and construction project. The concept of project risk, types of risks, the main stages of risk management in the investment and construction project are considered. Methods that are most commonly used to handle these risks are identified. The assessment of risk factors that are important to consider in the management of investment and construction projects is conducted. Measures to minimize risks are proposed.