The Effect of Risk Management at Project Planning Phase on Performance of Construction Projects in Pakistan

Muhammad Huzaifa Butt, Shahid Iqbal, Muhammad Abubakar Saddique and Hamza Shahid

Journal of Business and Social Review in Emerging Economies, 2021, vol. 7, issue 1, 107-117

Abstract: Purpose: This research/investigation indorses a very good and systematized risk management method throughout planning stage of the project and with the contribution of construction specialists, end users and engineers.Methodology: The exploration project utilized quantitative examination plan. The examination study was both expressive and illustrative. The examination study was enlightening as it attempts to reaction the topic of what hazard the executives practices ought to be remembered for development projects arranging stage.Findings: The research study has successfully achieved its objective to identify the impact of risk identification, engineer/architect selection. All four hypotheses were accepted indicating; all the independent variables were positively related to project performance. There is strong positive relation between risk identification, engineer/architect selection and Project performance. There is a weak positive relation between sit selection, preliminary schedule and budget Project performance.Implications: The researcher recommends the construction professional to focus on two major things during project planning which has greater impact over project performance, risk identification and engineer/architect selection.

Keywords: Effect of Risk Management; Construction Development; Engineers (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:src:jbsree:v:7:y:2021:i:1:p:107-117

DOI: 10.26710/jbsee.v7i1.1506

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