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Deciphering priority areas for improving project risk management through critical analysis of pertinent risks in the Zambian construction industry

Tembo-Silungwe, Chipozya K., Khatleli, Nthatisi·2017·Acta Structilia

Abstract

Risk identification is the first step in the risk-management process. A plethora of current studies in literature dwell overwhelmingly on risk identification much to the exclusion of the source, and the possible mitigation interventions. In a limited effort to address this deficiency in the body of knowledge, this article reports the results of a study conducted using 15 purposive semi-structured interviews and 198 questionnaires targeting clients, contractors and consultants in the building sector in Zambia. This study uses threats to identify improvement areas in the Zambian Construction Industry (ZCI). As a consequence, this research uses the pertinent risk factors as a point of critical analysis to recommend improvement areas for project risk management. Findings show that most of the risks could be categorised as managerial, technical and finance related and could severally be associated with clients, consultants, and contractors compared to project managers. These could be mitigated in the pre-contract phase and construction phase, with the most deficient knowledge areas being cost management, procurement management, integration management, communication man-age ment, and scope management. This article provides areas of focus for built environ ment professionals to improve project delivery and thereby enhance project execution efficiency.

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Figure 1 Research flow diagram applicable to this article
Figure 1 Research flow diagram applicable to this articleCC-BY · From the PDF
Figure 2 Building works by volume Figure 1: Building works by volume
Figure 2 Building works by volume Figure 1: Building works by volumeCC-BY · From the PDF
Figure 2 Types of buildings - Questionnaire survey
Figure 2 Types of buildings - Questionnaire surveyCC-BY · From the PDF
Figure 4 Risk categories Figure 3: Risk categories
Figure 4 Risk categories Figure 3: Risk categoriesCC-BY · From the PDF
Figure 5 Risk owner analysis Figure 4: Risk owner analysis
Figure 5 Risk owner analysis Figure 4: Risk owner analysisCC-BY · From the PDF
Figure 6 Risk stage Figure 5: Risk stage
Figure 6 Risk stage Figure 5: Risk stageCC-BY · From the PDF
Figure 7 Knowledge area Figure 6: Knowledge area
Figure 7 Knowledge area Figure 6: Knowledge areaCC-BY · From the PDF
Figure 7 Processes
Figure 7 ProcessesCC-BY · From the PDF

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Authors
Tembo-Silungwe, C. K., & Khatleli, N.
Venue
Acta Structilia
Published
2017-12-31
Volume
24
Issue
2
Pages
1-43
ISSN
  • 2415-0487
  • 1023-0564
Cited by
3
References
0

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