1st African International Conference on Industrial Engineering and Operations Management

An Investigation into the Severity of Factors Predisposing Construction Projects to Risks in Nigeria

Olufisayo Adedokun
Publisher: IEOM Society International
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Track: Construction Management
Abstract

Factors predisposing construction projects to risks have received extensive attention in the literature at the detriment of the levels of severity. This study assessed the severity of these factors in Rivers State, Nigeria, with recourse to the perceptions of construction stakeholders. In achieving the aim, primary data were collected through questionnaires survey administered on 284 respondents that were involved in the completed projects. Cronbach alpha test with value 0.902 attested to the high degree reliability of instrument used in collecting the data. Kruskal Wallis H test confirmed the convergent views of the respondents. Having ascertained the significant severe factors predisposing construction projects to risk, administrative bottlenecks in securing approvals should be reduced coupled with allowance for adequate time to cater for approval formalities in government department. Also, experience of the contractor should also be given utmost priority as part of the criteria for selection to be fulfilled because it will not only enhance the project but also guide against poor site management and supervision. Lastly, there should be flexibility in the program schedule without affecting the overall project program while adequate attention should be accorded the cost estimates to ensure correctness.

Published in: 1st African International Conference on Industrial Engineering and Operations Management, Johannesburg, South Africa

Publisher: IEOM Society International
Date of Conference: October 30-1, 2018

ISBN: 978-1-5323-5947-7
ISSN/E-ISSN: 2169-8767