Examples of techniques for geomechanical risk and hazard assessment and mitigation are disclosed. In one example implementation, a method may include generating, by a processor, a geomechanical model for a location for drilling a borehole; performing a risk assessment to identify at least one risk associated with drilling the borehole; updating, by the processor, the geomechanical model as a pre-drill updated geomechanical model by applying a mitigation solution to mitigate the at least one risk associated with drilling the borehole; generating, by the processor, a drilling plan for drilling the borehole based on the pre-drill geomechanical model; and drilling the borehole based on the drilling plan.
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