Enhancing Performance of the Building Construction Industry through Quantitative Risk Analysis and Risk Response: A Case of Exchequer Funded Building Construction Projects in Machakos County, Kenya

John Malu Nzioki and Dr. Mary Nyawira Mwenda
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John Malu Nzioki: MA Project Planning and Management Candidate, University of Nairobi, Kenya
Dr. Mary Nyawira Mwenda: Lecturer, School of Open and Distance Learning University of Nairobi, Kenya

International Journal of Research and Innovation in Social Science, 2021, vol. 5, issue 3, 31-39

Abstract: In Kenya, the building construction sector has been facing a myriad of challenges leading to project failures. This research study determined how construction projects are influenced by risk management in Machakos County. This research focused on quantitative risk analysis and risk response as the main objectives and its influence on performance of construction projects in Machakos County. This study was guided by uncertainty theory. 585 National Contraction Authority registered contractors were the target population and a sample size of 232. The sample size was calculated from formula taken from Kothari which was representative of the whole population. The study used descriptive research survey design. The data was analysed and presented in frequencies, percentages, means and standard deviation were tabulated and analysed from quantitative data. Fishers test was computed to examine the variable relationships. The finding led to the conclusion that quantitative risk analysis and Risk Response had a significance influence on performance of construction Projects by factor [0.412 and 0.271] with (P = 0.000). (P=0.000

Date: 2021
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