The proposed hybrid methodologies were initiated with a survey for data collection. The relative importance index (RII) method was applied to prioritize the project risks based on the data obtained. The construction projects were then categorized by fuzzy AHP and fuzzy TOPSIS methodologies. Fuzzy AHP (FAHP) was used to create favorable weights for fuzzy linguistic variable of construction projects overall risk. The fuzzy TOPSIS method is very suitable for solving group decision making problems under the fuzzy environment. It attempted to incorporate vital qualitative attributes in performance analysis of construction projects and transformed the qualitative data into equivalent quantitative measures. Thirty construction projects were studied with respect to five main criteria that are the time, cost, quality, safety and environment sustainability. The results showed that these novel methodologies are able to assess the overall risks of construction projects, select the project that has the lowest risk with the contribution of relative importance index. This approach will have potential applications in the future.