Authors: Mahmud Danladi, Salihu Sarki Ubayi, Mahmud Danladi
Abstract: The construction industry is highly susceptible to uncertainties and risks that significantly influence project delivery in terms of cost, time, quality, safety, and sustainability. This study examined the analysis of risk management in project construction within the Nigerian construction industry. Specifically, the study identified the types of risks associated with project construction, examined the factors affecting risk management, and evaluated the effects of risk management on construction project performance. A descriptive quantitative research design was adopted. Data were collected through structured questionnaires administered to 80 construction engineers involved in risk management practices, out of which 74 valid responses were retrieved, representing a response rate of 92.5%. Descriptive statistical tools including frequency distribution, percentage analysis, mean item score, and standard deviation were used for data analysis. The findings revealed that inadequate site investigation, inadequate specification, contractor’s experience, weather implications, natural disasters, new technology, and shortage of resources were among the most significant risks affecting construction projects. Resource availability, project complexity, and time compression were identified as the major factors affecting risk management implementation. Furthermore, the study established that risk management strongly affects project cost, completion time, productivity, project quality, health and safety, and environmental sustainability. The study concluded that effective risk management is essential for successful construction project delivery and recommended proper site investigation, adequate resource allocation, experienced workforce engagement, and proactive risk management strategies to improve project outcomes in Nigeria.
DOI: https://doi.org/10.5281/zenodo.20324799
