Assessing the Extent of Effective Construction Risk Management in Nigerian Construction Companies

A. Q. Adeleke; Yusuf Nasidi; J. A. Bamgbade

Assessing the Extent of Effective Construction Risk Management in Nigerian Construction Companies

Authors

A. Q. Adeleke School of Technology Management and Logistics, Universiti Utara Malaysia, 06010 Kedah, Malaysia
Yusuf Nasidi School of Technology Management and Logistics, Universiti Utara Malaysia, 06010 Kedah, Malaysia
J. A. Bamgbade School of Technology Management and Logistics, Universiti Utara Malaysia, 06010 Kedah, Malaysia

Keywords:

risk management level, effective construction risk management, Abuja and Lagos Nigeria construction companies

Abstract

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.

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Published

2020-10-23

How to Cite

Adeleke, A. Q., Nasidi, Y., & Bamgbade, J. A. (2020). Assessing the Extent of Effective Construction Risk Management in Nigerian Construction Companies. Journal of Advanced Research in Business and Management Studies, 3(1), 1–10. Retrieved from https://akademiabaru.com/submit/index.php/arbms/article/view/1189