The delivery of poor quality construction projects in Nigeria presents a problem which this paper attributes to low levels of Risk and Risk Management awareness, understanding and practice. The little or none existence of a formalised and regulated Risk Management process means the construction industry which normally has a high presence of risk is not adequately managed hence an uncontrolled and unmitigated effect on the value and quality of projects delivered. This paper verifies this submission by investigating Risk Management awareness and practice levels in the industry through a survey targeting experienced personnel who by their project positions are expectedly knowledgeable enough to provide credible feedback. A review focused on select Risk Management literature with an objective of creating the necessary knowledge and understanding needed to practice and apply Risk Management, and also most importantly, evaluate how it relates and influences the delivery of quality construction projects of value. This paper presents results fed by questionnaires specifically designed and administered to unravel and establish Risk Management awareness and practice levels. It reveals low, inconsistent and a non-formalised Risk Management practice in the industry under assessment. It reveals the absence of a uniform regulatory authority. It presents an acceptance of Risk Management as a viable solution to achieving quality projects of value and performance. Based on this paper’s findings, a justified case is made for a more formal, consistent and participatory Risk Management process in the Nigerian construction industry. In making this case, this paper posit that if applied, the industry will experience the delivery of much improved projects of value, quality and performance.
Construction management is a very important process in order to achieve the objectives of every project in terms of time, cost, quality, and insured safety. But most recent studies most researchers have been focusing on the management of risks rather than identifying the critical risks involved in construction projects. This paper aims to identify the major risks associated with construction projects that expected to affect project performance during the project life cycle in Ethiopia. Various risk factors in construction projects were identified from the literature. Questionnaire survey and interview method was used to collect data from the respondents. The relative importance index (RII) was used for data analysis to identify the major variables. Based on the analysis of the likelihood of occurrence of the risks, this paper identified the critical risks in construction projects in Ethiopia. The research found that the critical risks were mainly unforeseen site conditions, improper design, incomplete contract documents, inflation, lack of timely decision making, scope change, political instability, payment delay, lack approvals, corruption, and poor contract administration. Finally conclusions made from the finding and recommendations forwarded to minimize risks in construction projects.
Human Resources Management Practices and Real Estate Project Management Success in Awka South L.G.A., Anambra State. (Published)
This research focused on Human Resources Practices on real estate Projects management. The population studied included a sample of 92 respondents drawn from relevant professionals. Structured questionnaires were designed and Human Resources Practices were studied individually and collectively and ranked accordingly based on their importance. Respondents were required to scale the practices based on 5 points likert scale. Relative importance index was used for ranking of individual practices. For the hypotheses proposed, data collected were subjected to non-parametric data equivalent of Analysis of Variance (ANOVA) which is the Kruskal-Wallis test statistic; this is because the observed data did not meet the assumption of ANOVA (Normality and Constant Variance). Hence, the Kruskal-Wallis test statistics was employed to assess whether samples varied significantly between variables. The result indicated that the success of real estate projects is dependent on quality of Human Resources practices in Anambra State. It was recommended that Stakeholders in real estate project management especially Project managers should as a matter of importance ensure that the top ranked individual practices i.e. the human resources practices are adhered to strictly. The research concluded that all the stages of the real estate project should be well monitored to ensure compliance especially as it concerns HR practices.