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