Critical success factors of risk assessment and management processes (RAMP) implementation in Ghanaian construction related organisations

Adwoa B. Yirenkyi-Fianko, Nicholas Chileshe and Paul Stephenson

International Journal of Project Organisation and Management, 2012, vol. 4, issue 4, 379-396

Abstract: Despite the extensive research on critical success factors (CSFs), there is a paucity of studies that examine CSFs for the deployment of risk assessment and management processes in developing countries. This paper identifies these CSFs and examines the perception of construction professionals on their importance. A data collection triangulated approach is adopted. Elements identified from literature review were empirically tested by data collected through postal survey from 103 construction organisations. The factor analysis identified two CSFs with ten elements for the implementation of RAMP. The findings indicated that among the elements, 'management style' and 'team work and communications' were ranked as the most important whereas 'goals and objectives of the organisations' and 'customer requirements' were considered to be the least important. The identified critical success factors could be used as a 'road map' for the successful implementation of risk assessment and management processes in developing countries.

Keywords: construction organisations; critical success factors; CSFs; factor analysis; Ghana; project organisation; risk assessment; risk management; developing countries; management style; teamwork; communications; construction industry. (search for similar items in EconPapers)
Date: 2012
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