The integration of forensic investigations and risk assessments is vital for the practical application of risk management in the construction industry, particularly in the assessment of existing structures like flyover bridges. Despite its importance, there is a noticeable gap in connecting forensic methods and traditional risk assessment frameworks. This study aims to bridge this gap by evaluating a flyover bridge through both qualitative and quantitative methods, utilizing a risk matrix and the analytical hierarchy process (AHP). Risks are identified based on Indian standards, IRM standards, and historical data. The findings indicate that while the Risk Matrix identifies key risks such as land acquisition and financial concerns, AHP provides a more detailed prioritization, emphasizing operational and accessibility risks. Ultimately, operational risk, linked to onsite root causes through forensic investigation, is the top priority. The results underscore the importance of comprehensive forensic analysis in enhancing risk assessment, leading to more effective resource allocation and improved structural safety. This study highlights the critical role of linking forensic investigations with risk assessment and provides an integrated risk assessment framework for better-informed decision-making in industry practices.