682 MULTIATTRIBUTE ANALYSIS OF INVESTMENT RISKS IN CONSTRUCTION Leonas Ustinovichius Department of Construction Technology and Management Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius-40, Lithuania Email: leonasu@st.vgtu.lt Zenonas Turskis Department of Construction Technology and Management Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius-40, Lithuania Email: zenonas.turskis@st.vgtu.lt Galina Shevchenko Department of Construction Technology and Management Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius-40, Lithuania Email: Galina.Sevcenko@st.vgtu.lt ABSTRACT The risk of investment in a construction objects is an important decision leading to the project success. The decision- making process, based on the established risk assessment principles expressed in linguistic terms, requires qualitative judgement and experiential knowledge of the construction experts. Presented structured and realistic model deals systematically with different risk management situations and assist the investors in reaching the correct risk assessment of possible alternatives will be of great value. This paper presents a method of multiattribute comparativite analysis of variants of investment classified risks in construction. A practical case to illustrate how the model works is presented. KEYWORDS SAW, investment risks, classification, multiattribute analysis 1. INTRODUCTION Investment risk managing theory allows planning investment problems. Managing the risk of investments means presence of an effective control for all procedures in any phase of the project, when varying factors are taking place, which influence the realization of the project. In most cases, any investment project possesses several parameters of efficiency. Conditions of investor works continuously change assessment. For this reason rules of investment projects quality at this moment can be based only on the investor’s leadership politics. The principle of quality valuation is based on the intuition and experience of the decision maker. A role of a risk valuation during decision-making becomes particularly essential. Various methods for