Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone

Zelalem Mebrate

doi:doi:10.11648/j.ajce.20210903.12

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Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone

Zelalem Mebrate

Published in American Journal of Civil Engineering (Volume 9, Issue 3)

Received: 4 March 2021 Accepted: 11 May 2021 Published: 20 May 2021

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Abstract

This research work was tries to study the risk management practice on public building construction projects and aims to identify the level that use of risk management practice especially in the public building. The data collection method was a combination of interview and questionnaire. Samples were purposively selected from clients, consultants, and contractors representatives who are now actively participating in public building construction projects. For this study, the data was collected using both primary and secondary sources. Depending on the data that was gathered from the respondent to test the level of awareness, identifying the Risk that affect the performance of public building construction project and major risk management practice on public building construction project are considered and the RII was used to rank the factors. This data was analyzed using SPSS of version 22 to perform descriptive statistics. A total of 75 questionnaires were targeted to be distributed and out of those 50 which is 66.67% are successfully responded. The finding from this study revealed that, about (52%) of the project progress is lagging from the schedule. Regarding the awareness of the risk management, (94%) of the respondents where confirmed that they have awareness of risk management ideologies and they are confident enough to implement their knowledge while, (6%) of them have no concept about the risk management. The top five risks that affect the performance of construction project have been identified and ranked. Accordingly; market condition, unexpected inflation, local taxes, inadequate production of raw materials, and the economic condition of country are the top five identified associated project risks.

Published in	American Journal of Civil Engineering (Volume 9, Issue 3)
DOI	10.11648/j.ajce.20210903.12
Page(s)	70-73
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Construction Project, Public Building, Risk, Risk Management and Risk Management Practice

References

[1]	Dikemet. (2007). Construction management and risk categories. Catigorized risk in Construction project. D, H. (n.d.). managing risk.
[2]	Hillson. D. (2015). Risk management implimentation in construction project. Risk management discipline.
[3]	Kerzner. (2007). Construction project overall management.
[4]	Mesfin Aklilu. (2006). Communication between the Stakeholders.
[5]	Mills. A. (2001). risk management perception and trend in USA construction and a systematic approachto risk management. J. N construction engineering and management.
[6]	Nerkus, B. A. (2011). Risk management in Projects. International journal of strategic property management, 15, 60-73.
[7]	Pendleburyet. (2003). Construction risk on the site against an employee.
[8]	Salahaddin. (2017). Risk mitigation mechanism hand book. internation journal for risk management minimization.

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APA Style

Zelalem Mebrate. (2021). Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone. American Journal of Civil Engineering, 9(3), 70-73. https://doi.org/10.11648/j.ajce.20210903.12

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ACS Style

Zelalem Mebrate. Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone. Am. J. Civ. Eng. 2021, 9(3), 70-73. doi: 10.11648/j.ajce.20210903.12

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AMA Style

Zelalem Mebrate. Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone. Am J Civ Eng. 2021;9(3):70-73. doi: 10.11648/j.ajce.20210903.12

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@article{10.11648/j.ajce.20210903.12,
  author = {Zelalem Mebrate},
  title = {Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone},
  journal = {American Journal of Civil Engineering},
  volume = {9},
  number = {3},
  pages = {70-73},
  doi = {10.11648/j.ajce.20210903.12},
  url = {https://doi.org/10.11648/j.ajce.20210903.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajce.20210903.12},
  abstract = {This research work was tries to study the risk management practice on public building construction projects and aims to identify the level that use of risk management practice especially in the public building. The data collection method was a combination of interview and questionnaire. Samples were purposively selected from clients, consultants, and contractors representatives who are now actively participating in public building construction projects. For this study, the data was collected using both primary and secondary sources. Depending on the data that was gathered from the respondent to test the level of awareness, identifying the Risk that affect the performance of public building construction project and major risk management practice on public building construction project are considered and the RII was used to rank the factors. This data was analyzed using SPSS of version 22 to perform descriptive statistics. A total of 75 questionnaires were targeted to be distributed and out of those 50 which is 66.67% are successfully responded. The finding from this study revealed that, about (52%) of the project progress is lagging from the schedule. Regarding the awareness of the risk management, (94%) of the respondents where confirmed that they have awareness of risk management ideologies and they are confident enough to implement their knowledge while, (6%) of them have no concept about the risk management. The top five risks that affect the performance of construction project have been identified and ranked. Accordingly; market condition, unexpected inflation, local taxes, inadequate production of raw materials, and the economic condition of country are the top five identified associated project risks.},
 year = {2021}
}

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TY  - JOUR
T1  - Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone
AU  - Zelalem Mebrate
Y1  - 2021/05/20
PY  - 2021
N1  - https://doi.org/10.11648/j.ajce.20210903.12
DO  - 10.11648/j.ajce.20210903.12
T2  - American Journal of Civil Engineering
JF  - American Journal of Civil Engineering
JO  - American Journal of Civil Engineering
SP  - 70
EP  - 73
PB  - Science Publishing Group
SN  - 2330-8737
UR  - https://doi.org/10.11648/j.ajce.20210903.12
AB  - This research work was tries to study the risk management practice on public building construction projects and aims to identify the level that use of risk management practice especially in the public building. The data collection method was a combination of interview and questionnaire. Samples were purposively selected from clients, consultants, and contractors representatives who are now actively participating in public building construction projects. For this study, the data was collected using both primary and secondary sources. Depending on the data that was gathered from the respondent to test the level of awareness, identifying the Risk that affect the performance of public building construction project and major risk management practice on public building construction project are considered and the RII was used to rank the factors. This data was analyzed using SPSS of version 22 to perform descriptive statistics. A total of 75 questionnaires were targeted to be distributed and out of those 50 which is 66.67% are successfully responded. The finding from this study revealed that, about (52%) of the project progress is lagging from the schedule. Regarding the awareness of the risk management, (94%) of the respondents where confirmed that they have awareness of risk management ideologies and they are confident enough to implement their knowledge while, (6%) of them have no concept about the risk management. The top five risks that affect the performance of construction project have been identified and ranked. Accordingly; market condition, unexpected inflation, local taxes, inadequate production of raw materials, and the economic condition of country are the top five identified associated project risks.
VL  - 9
IS  - 3
ER  -

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Author Information

Zelalem Mebrate

Department of Construction Technology and Management, College of Engineering and Technology, Wollega University, Wollega, Oromia, Ethiopia

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Plain Text BibTeX RIS

APA Style

Zelalem Mebrate. (2021). Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone. American Journal of Civil Engineering, 9(3), 70-73. https://doi.org/10.11648/j.ajce.20210903.12

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ACS Style

Zelalem Mebrate. Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone. Am. J. Civ. Eng. 2021, 9(3), 70-73. doi: 10.11648/j.ajce.20210903.12

Copy | Download

AMA Style

Zelalem Mebrate. Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone. Am J Civ Eng. 2021;9(3):70-73. doi: 10.11648/j.ajce.20210903.12

Copy | Download

@article{10.11648/j.ajce.20210903.12,
  author = {Zelalem Mebrate},
  title = {Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone},
  journal = {American Journal of Civil Engineering},
  volume = {9},
  number = {3},
  pages = {70-73},
  doi = {10.11648/j.ajce.20210903.12},
  url = {https://doi.org/10.11648/j.ajce.20210903.12},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajce.20210903.12},
  abstract = {This research work was tries to study the risk management practice on public building construction projects and aims to identify the level that use of risk management practice especially in the public building. The data collection method was a combination of interview and questionnaire. Samples were purposively selected from clients, consultants, and contractors representatives who are now actively participating in public building construction projects. For this study, the data was collected using both primary and secondary sources. Depending on the data that was gathered from the respondent to test the level of awareness, identifying the Risk that affect the performance of public building construction project and major risk management practice on public building construction project are considered and the RII was used to rank the factors. This data was analyzed using SPSS of version 22 to perform descriptive statistics. A total of 75 questionnaires were targeted to be distributed and out of those 50 which is 66.67% are successfully responded. The finding from this study revealed that, about (52%) of the project progress is lagging from the schedule. Regarding the awareness of the risk management, (94%) of the respondents where confirmed that they have awareness of risk management ideologies and they are confident enough to implement their knowledge while, (6%) of them have no concept about the risk management. The top five risks that affect the performance of construction project have been identified and ranked. Accordingly; market condition, unexpected inflation, local taxes, inadequate production of raw materials, and the economic condition of country are the top five identified associated project risks.},
 year = {2021}
}

Copy | Download

TY  - JOUR
T1  - Study on Risk Management Practices on Public Building Construction Project: In Case of Eastern Wollega Zone
AU  - Zelalem Mebrate
Y1  - 2021/05/20
PY  - 2021
N1  - https://doi.org/10.11648/j.ajce.20210903.12
DO  - 10.11648/j.ajce.20210903.12
T2  - American Journal of Civil Engineering
JF  - American Journal of Civil Engineering
JO  - American Journal of Civil Engineering
SP  - 70
EP  - 73
PB  - Science Publishing Group
SN  - 2330-8737
UR  - https://doi.org/10.11648/j.ajce.20210903.12
AB  - This research work was tries to study the risk management practice on public building construction projects and aims to identify the level that use of risk management practice especially in the public building. The data collection method was a combination of interview and questionnaire. Samples were purposively selected from clients, consultants, and contractors representatives who are now actively participating in public building construction projects. For this study, the data was collected using both primary and secondary sources. Depending on the data that was gathered from the respondent to test the level of awareness, identifying the Risk that affect the performance of public building construction project and major risk management practice on public building construction project are considered and the RII was used to rank the factors. This data was analyzed using SPSS of version 22 to perform descriptive statistics. A total of 75 questionnaires were targeted to be distributed and out of those 50 which is 66.67% are successfully responded. The finding from this study revealed that, about (52%) of the project progress is lagging from the schedule. Regarding the awareness of the risk management, (94%) of the respondents where confirmed that they have awareness of risk management ideologies and they are confident enough to implement their knowledge while, (6%) of them have no concept about the risk management. The top five risks that affect the performance of construction project have been identified and ranked. Accordingly; market condition, unexpected inflation, local taxes, inadequate production of raw materials, and the economic condition of country are the top five identified associated project risks.
VL  - 9
IS  - 3
ER  -

Copy | Download