RISK FACTORS AFFECTING COST AND TIME PERFORMANCE OF CIVIL ENGINEERING PROJECTS IN KWARA STATE

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dc.contributor.authorIdris, Soliu
dc.contributor.authorAwodele, O. A.
dc.contributor.authorAmuda-Yusuf, Ganiyu
dc.date.accessioned2019-06-27T13:33:45Z
dc.date.available2019-06-27T13:33:45Z
dc.date.issued2019
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 more risky due to the nature, complexity and enormous amount of resources required conversely leading to cost and time overrun. This paper aimed at evaluating the potential risk factors associated with civil engineering projects with the view to achieving overall project objectives. A-31 risk factors were identified from the literature review and were used as basis for a questionnaire survey 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 suitable to control them.en_US
dc.identifier.issn978 978 973 294 4
dc.identifier.urihttp://hdl.handle.net/123456789/2362
dc.language.isoenen_US
dc.publisherFaculty of Environmental Sciences, University of Ilorinen_US
dc.subjectCivil engineering projecten_US
dc.subjectConstruction industryen_US
dc.subjectConstruction projecten_US
dc.subjectCost and time performanceen_US
dc.subjectRisken_US
dc.titleRISK FACTORS AFFECTING COST AND TIME PERFORMANCE OF CIVIL ENGINEERING PROJECTS IN KWARA STATEen_US
dc.typeBook chapteren_US

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