An Assessment On The Risk Management Practice Of Construction Projects Case Study Of Defense House Construction Enterprise.

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The performance of construction projects is considerably affected by project risks in terms ofrncost, time and quality. Risks within the housing industry aren't limited to construction projects asrnit is largely presumed. However, Defense construction companies aren't observed trying to copernup with them. The objective of the study to assess the risk management practice of Defensernhousing project in Shogole site. The study was a descriptive type, which made use of bothrnqualitative and quantitative approaches as methodology to address the research objective. Datarnwas collected via semi structured questioners and open-ended interview questions effectively.rnAmong 83 employees working as the contractor and consultant in the companies being involvedrnin the project, questionnaires were distributed to 38 engineers working in different positions andrninterview was made with the construction manager. Participants who involved in completing thernquestioner were selected using purposive sampling. Descriptive statistics was used to summarizernthe quantitative data compiled by SPSS 20. Data were summarized using tables and percentages.rnThe study generally revealed that the housing and development agency is practicing riskrnmanagement in an ad-hoc manner, where there is no well-designed and workable policy beingrnimplemented to guide the threat management and no enough attention is given to risk getting tornchannel the risk identification, analysis and response concurrently with the project plan andrnobjective. Based on this finding the study has provided recommendations on how to apply riskrnmanagement process practice in Defense housing project.rnKey words:

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An Assessment On The Risk Management Practice Of Construction Projects Case Study Of Defense House Construction Enterprise.

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