Key objectives for the committee are to establish the fundamental requirements for geotechnical risk management for all entities involved in the geotechnical project's life cycle; cooperate with all DFI technical committees in establishing risk management standards and providing suggested guidance for all types of geotechnical products and techniques; and harmonize the risk management knowledge of DFI with the knowledge of other deep foundation organizations.

The committee's first project is to research and produce The Book of Risks for Geotechnical Projects. The book is being organised to reflect the four major categories of risks of geotechnical projects: internal risks, legal risks, external risks and geotechnical-exploration risks. Risk identification will cover all geotechnical products of interest to DFI members, all types of project delivery (eg design-bid-build, design-build, PPP, etc) and all types of owners (private or public).

The chair of the new DFI Risk Committee is Alexander Filotti, risk controller of Underpinning and Foundation Skanska. He has 19 years of experience with engineering work and technical development related to deep foundation projects as well as the development of computer 3D modelling applications for deep foundation projects. He is the chair of the PDCA Contracts and Risk Committee and serves as a member on the Geo-Industry Risk Working Group comprised of members from ADSC, DFI, Geo-Institute, Geoprofessional Business Association and PDCA.

The vice chair of the committee is Richard D. Kalson, a partner in the Construction Law Group of Benesch. He provides counsel to subcontractors, suppliers and project owners in litigation and business consultation matters, including many ENR 400 contractors and ENR 600 speciality contractors, on all phases of the construction process on projects throughout the US.