Mechanism financial risk management the construction industry

The construction complex of the Russian Federation is a complex mechanism, on the integrity and efficiency of which depends the economic well - being and the level of development of the country as a whole, as well as the quality of life and safety of every citizen. However, despite the importance of the construction sector for the state and society, the industry is in crisis, as its activities are associated with numerous financial risks. In order to effectively minimize losses from financial risks, the article proposes an algorithm for their management by the construction company.