PROJECT RISK MANAGEMENT PRACTICES AND PERFORMANCE OF PUBLIC SCHOOLS CONSTRUCTION PROJECTS IN MARA REGION, TANZANIA

Abstract: The construction industry in Tanzania and the world at large faces more risks and uncertainty than many other sectors. The process of project execution from initial investment appraisal, completion and final use is complex, and involves time-consuming ground investigations, design and production processes. These processes are highly specialized and are spearheaded by qualified and licensed civil engineering consultants. Each of the processes in construction carries with it a measure of risk factors ranging from cost overruns, quality of the final product, litigations, time overruns, and riots, among others. Thus, the main objective of this study was to determine the effect of project risk management practices on construction projects in Mara Region Tanzania. The specific objective was to examine effect of risk identification practices, determine effect of risk monitoring and control practices and to establish effect of risk response practices on performance of consulting civil engineers. The study focuses on registered consulting civil engineers practicing in Mara Region Tanzania either as individual consultants or as registered engineering firms. The study was informed by prospect theory and enterprise risk management theory. The study employed descriptive cross-sectional study. The study targeted 175 registered consulting civil engineers in in Mara Region Tanzania. Simple Random sampling was used to select a representative sample consulting civil engineers practicing Arusha for purposes of this research. Use of questionnaires collected the research data. Use of SPSS version 23 analyzed data. Data analysis was done by use of descriptive statistics including means, standard deviation, percentages and frequency tables and inferential statistics with multiple regression analysis. This study will be significant to engineering fraternity, the general public, engineering students and the consulting engineering firms’ regulators as it will offer valuable contributions from both a theoretical and practical perspective. The findings show that risk identification does not have a significant effect on project performance, β1= 0.012, p = 0.777. Furthermore, risk monitoring has a positive and significant effect on project performance, β2= 0.150, p = 0.018. There is need to further enhance the processes of risk identification by strengthening already existing practices and investing more in risk identification resources. There is more need for more investment in control systems and ensure they are effective and stakeholder participation in decision making.

Keywords: Project Risk Management Practices, Public construction Projects, Risk Identification, Risk Monitoring.

Title: PROJECT RISK MANAGEMENT PRACTICES AND PERFORMANCE OF PUBLIC SCHOOLS CONSTRUCTION PROJECTS IN MARA REGION, TANZANIA

Author: Samwel Yohana Mshuza, Dr. Muchelule Yusuf, Dr. Peter Ngatia

International Journal of Management and Commerce Innovations 

ISSN 2348-7585 (Online)

Vol. 11, Issue 1, April 2023 - September 2023

Page No: 41-52

Research Publish Journals

Website: www.researchpublish.com

Published Date: 02-May-2023

DOI: https://doi.org/10.5281/zenodo.7885671

Paper Download Link (Source)

https://www.researchpublish.com/papers/project-risk-management-practices-and-performance-of-public-schools-construction-projects-in-mara-region-tanzania