Journal of the International Academy for Case Studies (Print ISSN: 1078-4950; Online ISSN: 1532-5822)

Abstract

Risk management support framework for successful construction project execution in Nigeria

Author(s): Gregory Chimere Enyinna, Joy Okwuchi Chizitere Oguzie, Uchenna U Moneke, Ebere Oluchi Chukwu, Ogbonnaya Blessing Nmesoma, Stanley Okangba,Columbus Ikechukwu Anyanwu, Ulari Sylvia Onwuka, Chidozie Bruno Okonkwo, Ihuoma Deborah Okwara

This research was carried out develop Risk Management Support Framework for Successful Construction Project Delivery in Nigeria to help handle potential hazards during construction works. This will help to guarantee project's goals on schedule, budget, standard, precaution, and societal impact. Descriptive design of research was employed to gather opinions from contractors. The sample group was selected through random sampling while some Information were obtained through a literature review and analysed using relative Importance Index and Analysis of variance. The results revealed that risks present in both building projects can be grouped into several categories, such as financial, physical, construction, design, political, legal, and environmental dangers. The most vulnerable risks were found to be financial, construction, and physical. In terms of risk level. Most financial dangers were classified as catastrophic, while others were considered moderate. For construction and physical risks, most were classified as high, with a few rated as moderate. In conclusion, various steps were highlighted to mitigate risks in construction projects, including: ensuring proper funding, gathering extensive data, conducting feasibility evaluations, establishing practical contract schedules, acquiring information on work and revision costs, implementing staged pricing, preparing in advance for necessary permits and addressing utility and zoning needs, determining fixed pricing, and utilizing seasoned personnel.

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