Evaluation of Risk Factors Affecting Cost and Time Performance of Civil Engineering Projects in Kwara State.

Simple item page
dc.contributor.authorIdris, Soliu
dc.contributor.authorOluwaseyi, Awodele
dc.contributor.authorGaniyu, Amuda-Yusuf
dc.date.accessioned2023-07-11T10:06:54Z
dc.date.available2023-07-11T10:06:54Z
dc.date.issued2019-12-19
dc.description.abstractThe construction industry is known for being very poor compared to other industries in the identification, assessment and management of project related risks. Civil engineering projects in particular are riskier due to the nature, complexity and enormous amount of resources required. However, project team usually failed to analyse these risks at beginning of the project, consequently leading to cost and time overrun and unsatisfied client. This paper aimed at evaluating the potential risk factors associated with civil engineering projects with the view to achieving overall project objectives. 31 risk factors were identified from the literature and were used as basis for structuring the questionnaire administered to the Architects, Quantity Surveyors and Engineers in Kwara State. Eighty (80) questionnaires were administered; fifty one (51) were retrieved and analysed using mean item score for the identified factors. Research findings showed that incomplete design, unstable inflationary trend, delay in progress payment, financial difficulties, improper project planning, inadequate programme planning and foreign exchange rate had greatest impact on civil engineering projects. Whereas factors such as Force majeure, labour dispute and strike and mistakes and discrepancies in contract documents has least impact. The study recommends that project team should identify and quantify project related risk at the initial stage and allocate the risks to party/parties suitable to control them. The significant of this study is that, the identification of the risk factors serves as a watch list of risk that the project team should watch out for, and the evaluation of probability of occurrence and severity will enables the project team determine the level of impact the risk can have on cost and time performance of civil engineering projects.en_US
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/11433
dc.language.isoenen_US
dc.publisherEnvironmental Technology & Science Journalen_US
dc.relation.ispartofseriesVol 10;1
dc.subjectCivil engineering project, Construction industry, Construction project, Cost and time performance, Risken_US
dc.titleEvaluation of Risk Factors Affecting Cost and Time Performance of Civil Engineering Projects in Kwara State.en_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
USEPRICE4416-4442CriticalRiskFactorsAffectingInfrastructureProjects1nKwaraStateNigeria2.pdf
Size:
889.88 KB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections