The invention discloses a multifunctional protective guardrail for a construction site. The technical problems that for an existing protective guardrail for the site, disassembling and assembling arecomplex, materials are wasted, and the wind resistance is poor are solved. The multifunctional protective guardrail for the construction site comprises at least two supporting rods which are arrangedat intervals, the supporting rods are fixedly arranged in concrete through expansion bolts, the supporting rods with the corresponding quantity can be arranged according to the actual demands, a stabilizing rod is clamped between every two adjacent supporting rods, a propagandizing protective plate is fixedly arranged on the stabilizing rods, the culture propaganda effect can be achieved on the basis that the functions of the protective guardrail are achieved, the effect of civilized construction is achieved, the propagandizing protective plate is provided with air holes, and the wind resistance can be effectively enhanced through the air holes. According to the multifunctional protective guardrail for the construction site, instrumental and finalized protection can be achieved, the typhoon resisting capability is improved, quick assembling and disassembling functions are achieved, turnover use can be achieved, materials are saved, and the propaganda and protection integration effect can be achieved; and the structure is simple, operation is easy and convenient, and wide-range use and popularization can be achieved.