Prevalence of Risk Monitoring and Control on Construction Project Delivery in Abuja, Nigeria

Abstract

No construction project is risk free. Risk can be managed, minimized, shared, transferred, or accepted. It cannot be ignored Construction projects are well known to be prone to a high level of risk that cannot be ignored but can be managed. Risks in construction especially with the increase construction complexity and the client’s needs are getting more sophisticated in disputes, lack of coordination, delays and inflated costs. These challenges are due to unanticipated demands. These challenges prompted this study on the prevalence of risk monitoring and control on construction project delivery in Nigeria, with a view to integrating proper risk monitoring and control into project management processes to minimize its effects on construction quality, time and cost increase of building project. This will be achieved through a review of literature to learn how studies on risk monitoring and control on construction project delivery were carried out in order to design an appropriate methodology for carrying out the research so that proper findings and conclusions can be drawn.