Assessing the extent of effective construction risk management in Nigerian construction companies

• Main Authors: Adeleke, A.Q., Nasidi, Yusuf, Bamgbade, Jibril Adewale
• Format: Article
• Language: English
• Published: Akademia Baru 2016
• Subjects: HD61 Risk Management; TH Building construction
• Online Access: http://repo.uum.edu.my/19494/1/ARBMS%203%201%202016%20%201%2010.pdf; http://repo.uum.edu.my/19494/; http://www.akademiabaru.com/doc/ARBMSV3_N1_P1_10.pdf
• Institution: Universiti Utara Malaysia

In this paper, the extent of effective construction risk management among Abuja Federal capital territory and Lagos state Nigeria construction companies was assessed.Then, a survey was conducted among 331 local, national and multinational construction companies within Abuja Federal capital territory and Lagos in Nigeria, using proportionate stratified random sampling, out of which 238 questionnaire were collected for data analysis.Methodologically, this research is perhaps the first to assess the extent of effective construction risk management in Abuja Federal capital territory and Lagos state Nigeria. Using the five point Likert scale categories of risk management from previous studies, statistical analysis affirmed that the overall extent of effective construction risk management among these two states is at medium level.