EVALUATION OF RISK MANAGEMENT PROCEDURES ON ROAD CONSTRUCTION IN MINNA, NIGER STATE

Abstract

This paper highlighted the impacts of risk management on Nigerian road construction. Risk management is now a critical component of any project management organization. Identifying all foreseeable risks and evaluating their likelihood of occurring as well as potential hazards that could significantly affect the project are the goals of risk management. The recent upward trend in road construction and rehabilitation in Minna and its environment by the present administration has necessitated the study. Road construction projects are frequently faced with risks ranging from equipment breakdown, material shortages, and labor-related issues. These risks, if not properly managed, compromise the efficiency of project delivery and the attainment of sustainable infrastructure development. Two objectives are set for the paper (i) to identify risk factors that affect the delivery of road construction projects in Minna. (ii)to assess risk management practices of head office managers on road construction projects. The data were collected using purposive sampling. 12 risk factors were examined and concluded that the delivery of road construction projects is significantly but moderately impacted individually by all the 12 risk factors examined in this study.