The objectives and scope of a construction project is defined in the early design stage, the fuzzy front-end. This stage is crucial for project risk management and success, but traditional risk management tend to focus on operational risk in later design stages. This action research study leverages co-design methodology and the project management actuality perspective to tailor a risk management process for the fuzzy front-end of construction projects in a large client organization. The co-design process help enchance stakeholder value perception of the designed solution.