The construction industry drives economic growth globally but faces challenges namely outdated practices and inadequate risk management. This research focuses on improving Risk Management in Research and Development (R&D) facilities construction projects, often poorly executed by Project Management Offices (PMOs). Most studies primarily focus on identifying and assessing risks, critical aspects like risk control and monitoring are often overlooked. To address this gap, this research endeavors to formulate a comprehensive risk management model specifically tailored for R&D facility construction projects within the Southernof Malaysia. The methodology involved conducting a descriptive analysis using self-administered questionnaires among 365 professionals in R&D and construction sectors, leveraging Statistical Package for the Social Sciences software. Additionally, structural equation modeling, as depicted through AMOS graphics, was employed to establish a robust and credible model. The findings underscore a significant, positive correlation between PMO requirements concerning Risk Monitoring and Control Practiceswhich encompass risk reassessment, audits, contingency reserves analysis, risk status meetingsand Project Success Factors related to schedule adherence, cost management, facility specifications, and customer satisfaction within the realm of R&D facility construction. By successfully achieving its research objectives, this study has developed practicable project risk monitoring and control practices of risk management model for R&D facilities construction projects, thereby providing a valuable resource for professionals in the field. By integrating these practices into their project workflows, R&D and construction experts can effectively mitigate risks and confront the challenges prevalent in the construction industry, ultimately leading to improved project outcomes.