Controlling project risk is a key element in a risk-averse program in the construction marketplace. In these competitive economic times, it is important to control risk by providing proper notice and ongoing documentation, which is critical in identifying items as they arise and accounting for such issues in overall job costs. Now, more than ever, projects require sophisticated planning and scheduling, and exacting project execution. This session will identify documentation tools that will facilitate risk control, provide the means to document work as it progresses, and explore mediums to enable managing and tracking work on complex projects. Additionally, the claims process will be discussed, using such documentation to support and prosecute claims in the event equitable adjustment is sought. CPAs, particularly those tasked with providing periodic and annual audits, as well as those performing forensic accounting to support claims, will benefit from this session.