Published March 26, 2024 | Version v1
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EFFECT OF RISK MANAGEMENT ON THE PERFORMANCE OF CONSTRUCTION PROJECTS IN MUSANZE DISTRICT, RWANDA (PROJECT INES-BUSOGO, GS KAMPANGA ROAD): A CASE OF NEW PRODUCT DEVELOPER (NPD LTD)

Description

ABSTRACT

The research study was Effect of Risk Management on the Performance of Construction Projects in Musanze District, Rwanda. Project INES-Busogo, GS Kampanga Road. A Case of New Product Developer (NPD Ltd) and the target population was 600 employes and  sample size was undertaken to be 86 respondents .Study employed  descriptive statistics and inferential statistics, and data was analysed with aid of SPSS software program version 25.0 ,descriptive statistics and inferential statistics were employed to present frequencies tables, percentages, mean and standard deviation and Inferential analysis was used in order to use Pearson correlation and multiple regression model to test the relationship between the independent variables and dependent variable. Descriptive statistics used to produce frequency tables, percentages and mean and standard deviation. Inferential statistics were used in order to provide person correlation and multiple regression model to test and draw relationship between variables both for independent band dependent, the effect of risk planning on performance of concentration projects of New Product Developer (NPD LTD) in Musanze District. The overall means of results was 4.00, the effect of risk avoidance on the performance of construction projects of New Product Developer (NPD LTD) in Musanze District. The overall means of results was 4.60, the effect of risk response on performance of construction project of New Product Developer (NPD LTD) in Musanze District. The overall means of results was 4.49 to inspect risk mitigation measure application on performance of construction projects of New Product Developer (NPD LTD) in Musanze District. The overall means of results was 4.26, and the data on performance of project was analysed, the overall means of results was 4.50. depending on the results, it presented that the performance of project was on good grades. It showed that the relationship between risk management and performance of project on Project INES-Busogo, GS Kampanga Road construction between risk planning, risk avoidance, risk response and risk mitigation and performance was 0.661, 0.855 ,0 .867and 0.934 respectively, The results present the variables of risk management; risk planning not was statistically significant with p value=0.197b, the Risk avoidance was statistically significant with p value=0.007b, and the Risk response was statistically significant with p  value=0.000b and the Risk mitigation   was statistically significant with p value=0.000b.It concluded that there was a significant relationship between risk management and performance of project. The study recommended that MININFRA  should engage Rwandan citizens to be part and be involved in construction works to attain money due to the fact that informal works make earnings on daily basis, weekly monthly etc. thus personal economic improvement.

Keywords: Effect of risk management and performance of construction projects  

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EFFECT OF RISK MANAGEMENT ON THE PERFORMANCE OF CONSTRUCTION PROJECTS IN MUSANZE DISTRICT, RWANDA.pdf