TY - JOUR
T1 - Managing construction project risks in turbulent times
T2 - a stakeholders perspective
AU - Ebekozien, Andrew
AU - Aigbavboa, Clinton
AU - Samsurijan, Mohamad Shaharudin
AU - Ahmed, Mohamed Ahmed Hafez
AU - Akinradewo, Opeoluwa
AU - Omoh-Paul, Igbebo
N1 - Publisher Copyright:
© 2024, Andrew Ebekozien, Clinton Aigbavboa, Mohamad Shaharudin Samsurijan, Mohamed Ahmed Hafez Ahmed, Opeoluwa Akinradewo and Igbebo Omoh-Paul.
PY - 2024
Y1 - 2024
N2 - Purpose: The construction industry is unique but with uncertainties. This is because of the operating environment. This intricacy gives rise to several construction risks and is compounded in developing countries’ turbulent times. If not managed, these risks enhanced in turbulent times could negatively impact the Nigerian construction projects’ cost, time, quality, and performance. Hence, this study investigated the perceived encumbrances facing construction risk management techniques and identified measures to promote sustainable-based construction risk management in turbulent times. Design/methodology/approach: The researchers adopted a qualitative approach and achieved saturation with 28 participants. The participants were government policymakers, quantity surveyors in government ministries/agencies/departments, consultant engineers, consultant architects, consultant and contracting quantity surveyors, and construction contractors knowledgeable about construction risk management. The research employed a thematic analysis for the study’s data. Findings: Findings identified turbulent times related to the industry and major techniques for managing construction project risks in the Nigerian construction industry. It revealed lax adoption and implementation of practices. Also, the study identified major encumbrances facing construction risk and proffered initiatives that would promote sustainable-based construction risk management in turbulent times. Originality/value: This study investigates encumbrances and suggests measures to promote construction project risk management in turbulent times in Nigeria. Also, the study contributes to the literature’s paucity, uncovering perceived encumbrances and evolving organisations’ management styles to imbed sustainable-based risk management practices by qualitative research design method.
AB - Purpose: The construction industry is unique but with uncertainties. This is because of the operating environment. This intricacy gives rise to several construction risks and is compounded in developing countries’ turbulent times. If not managed, these risks enhanced in turbulent times could negatively impact the Nigerian construction projects’ cost, time, quality, and performance. Hence, this study investigated the perceived encumbrances facing construction risk management techniques and identified measures to promote sustainable-based construction risk management in turbulent times. Design/methodology/approach: The researchers adopted a qualitative approach and achieved saturation with 28 participants. The participants were government policymakers, quantity surveyors in government ministries/agencies/departments, consultant engineers, consultant architects, consultant and contracting quantity surveyors, and construction contractors knowledgeable about construction risk management. The research employed a thematic analysis for the study’s data. Findings: Findings identified turbulent times related to the industry and major techniques for managing construction project risks in the Nigerian construction industry. It revealed lax adoption and implementation of practices. Also, the study identified major encumbrances facing construction risk and proffered initiatives that would promote sustainable-based construction risk management in turbulent times. Originality/value: This study investigates encumbrances and suggests measures to promote construction project risk management in turbulent times in Nigeria. Also, the study contributes to the literature’s paucity, uncovering perceived encumbrances and evolving organisations’ management styles to imbed sustainable-based risk management practices by qualitative research design method.
KW - Adoption
KW - Implementation
KW - Nigeria
KW - Risk management
KW - Stakeholders
KW - Sustainable construction
UR - http://www.scopus.com/inward/record.url?scp=85195115885&partnerID=8YFLogxK
U2 - 10.1108/IJBPA-01-2024-0003
DO - 10.1108/IJBPA-01-2024-0003
M3 - Article
AN - SCOPUS:85195115885
SN - 2398-4708
VL - 42
SP - 35
EP - 54
JO - International Journal of Building Pathology and Adaptation
JF - International Journal of Building Pathology and Adaptation
IS - 7
ER -