An empirical analysis of organizational external factors on construction risk management
Over the past years, construction risk management in projects execution is always associated with uncertainties because certain risk factors such as poor labour productivity, shortage of equipment, delay, cost overrun, time overrun are attributed to project delivery. These risk factors have been gen...
Saved in:
Main Authors: | , , , , , , |
---|---|
Format: | Article |
Published: |
ExcelingTech Publishers
2019
|
Subjects: | |
Online Access: | http://repo.uum.edu.my/26559/ http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/2810 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my.uum.repo.26559 |
---|---|
record_format |
eprints |
spelling |
my.uum.repo.265592019-11-05T04:15:35Z http://repo.uum.edu.my/26559/ An empirical analysis of organizational external factors on construction risk management Adeleke, Adekunle Qudus Bahaudin, Ahmad Yusni Kamaruddeen, A. M. Bamgbade, J.A. Ali Khan, Muhammad Waris Panda, Sitansu Afolabi, Yakibi Ayodele HD28 Management. Industrial Management Over the past years, construction risk management in projects execution is always associated with uncertainties because certain risk factors such as poor labour productivity, shortage of equipment, delay, cost overrun, time overrun are attributed to project delivery. These risk factors have been generating many research interests among the construction stakeholders and the policymakers, necessitating this present study. In addressing this issue, this study utilized Partial Least Squares- Structural Equation Modeling method to validate construction risk management (CRM) as a construct from the viewpoints of multi-national, local and national construction companies in Nigeria. Through a cross-sectional survey, data were collected from the construction companies with the use of a structured questionnaire. It was discovered that technology, political and economic factor have a significant influence on construction risk management (CRM) among the Nigerian construction companies. A substantial degree of convergent validity, discriminant validity and internal consistency reliability were also affirmed for each of these research constructs. It was also discovered that the indicators of organisational external factors dimensions (technology, political and economic factor) are important in evaluating these constructs for further exploration of the construction companies to enhance risk management practice in all stages of the project activities. ExcelingTech Publishers 2019 Article PeerReviewed Adeleke, Adekunle Qudus and Bahaudin, Ahmad Yusni and Kamaruddeen, A. M. and Bamgbade, J.A. and Ali Khan, Muhammad Waris and Panda, Sitansu and Afolabi, Yakibi Ayodele (2019) An empirical analysis of organizational external factors on construction risk management. International Journal of Supply Chain Management (IJSCM), 8 (1). ISSN 2050-7399 http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/2810 |
institution |
Universiti Utara Malaysia |
building |
UUM Library |
collection |
Institutional Repository |
continent |
Asia |
country |
Malaysia |
content_provider |
Universiti Utara Malaysia |
content_source |
UUM Institutional Repository |
url_provider |
http://repo.uum.edu.my/ |
topic |
HD28 Management. Industrial Management |
spellingShingle |
HD28 Management. Industrial Management Adeleke, Adekunle Qudus Bahaudin, Ahmad Yusni Kamaruddeen, A. M. Bamgbade, J.A. Ali Khan, Muhammad Waris Panda, Sitansu Afolabi, Yakibi Ayodele An empirical analysis of organizational external factors on construction risk management |
description |
Over the past years, construction risk management in projects execution is always associated with uncertainties because certain risk factors such as poor labour productivity, shortage of equipment, delay, cost overrun, time overrun are attributed to project delivery. These risk factors have been generating many research interests among the construction stakeholders and the policymakers, necessitating this present study. In addressing this issue, this study utilized Partial Least Squares- Structural Equation Modeling method to validate construction risk management (CRM) as a construct from the viewpoints of multi-national, local and national construction companies in Nigeria. Through a cross-sectional survey, data were collected from the construction companies with the use of a structured questionnaire. It was discovered that technology, political and economic factor have a significant influence on construction risk management (CRM) among the Nigerian construction companies. A substantial degree of convergent validity, discriminant validity and internal consistency reliability were also affirmed for each of these research constructs. It was also discovered that the indicators of organisational external factors dimensions (technology, political and economic factor) are important in evaluating these constructs for further exploration of the construction companies to enhance risk management practice in all stages of the project activities. |
format |
Article |
author |
Adeleke, Adekunle Qudus Bahaudin, Ahmad Yusni Kamaruddeen, A. M. Bamgbade, J.A. Ali Khan, Muhammad Waris Panda, Sitansu Afolabi, Yakibi Ayodele |
author_facet |
Adeleke, Adekunle Qudus Bahaudin, Ahmad Yusni Kamaruddeen, A. M. Bamgbade, J.A. Ali Khan, Muhammad Waris Panda, Sitansu Afolabi, Yakibi Ayodele |
author_sort |
Adeleke, Adekunle Qudus |
title |
An empirical analysis of organizational external factors on construction risk management |
title_short |
An empirical analysis of organizational external factors on construction risk management |
title_full |
An empirical analysis of organizational external factors on construction risk management |
title_fullStr |
An empirical analysis of organizational external factors on construction risk management |
title_full_unstemmed |
An empirical analysis of organizational external factors on construction risk management |
title_sort |
empirical analysis of organizational external factors on construction risk management |
publisher |
ExcelingTech Publishers |
publishDate |
2019 |
url |
http://repo.uum.edu.my/26559/ http://ojs.excelingtech.co.uk/index.php/IJSCM/article/view/2810 |
_version_ |
1651870660717182976 |
score |
13.160551 |