Construction risk management among construction companies in Nigeria : moderated by government regulation

Substantial empirical studies have established that certain organizational internal and external factors do influence construction risk management of companies. Conjugated with the recent substantial attention on risk management in Nigeria, and the demand for Nigerian construction companies to imple...

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Main Author:	Qudus, Adeleke Adekunle
Format:	Thesis
Language:	eng eng eng
Published:	2016
Subjects:	HD61 Risk Management TH Building construction
Online Access:	https://etd.uum.edu.my/6584/1/depositpermission_s96139.pdf https://etd.uum.edu.my/6584/2/s96139_01a.pdf https://etd.uum.edu.my/6584/3/s96139_02.pdf
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id	my-uum-etd.6584
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng eng
advisor	Bahaudin, Ahmad Yusni Mohammed Kamaruddeen, Ahmed
topic	HD61 Risk Management TH Building construction
spellingShingle	HD61 Risk Management TH Building construction Qudus, Adeleke Adekunle Construction risk management among construction companies in Nigeria : moderated by government regulation
description	Substantial empirical studies have established that certain organizational internal and external factors do influence construction risk management of companies. Conjugated with the recent substantial attention on risk management in Nigeria, and the demand for Nigerian construction companies to implement risk management in order to tackle the challenges they are facing, studies on risk management in Nigerian construction companies are few. The objectives of this study are to assess the extent of construction risk management among construction companies operating in Abuja and Lagos state in Nigeria, and to examine the organizational internal and external factors influencing their risk management, moderated by government regulation. A proportionate stratified random sampling was used to select 338 construction companies obtained from Nigeria Galleria and Lagos State Government Tender Board database. A total of 238 completed and valid questionnaires were returned, yielding a 72 percent response rate. Descriptive statistics, the 5-point Likert scale rendition and PMBOK’s risk management category were used to achieve the first research objective. The extent of risk management among Nigerian construction companies was found to be at a moderate level. Drawing upon organisational control theory, this study also examined the role of government regulation on the relationship between organizational factors and construction risk management. Furthermore, the moderating effects of government regulation revealed a negative relationship between organizational internal factors and construction risk management, while government regulation moderated a positive relationship between organizational external factors and construction risk management. Likewise, all the hypotheses on the direct relationship between organizational factors and construction risk management were supported. In summary, the findings in this research demonstrate that government regulation can enhance risk management among construction companies operating in Nigeria. To enhance risk management among construction companies, project managers should give considerable attention to the organizational factors found to be influencing their risk management.
format	Thesis
qualification_name	Ph.D.
qualification_level	Doctorate
author	Qudus, Adeleke Adekunle
author_facet	Qudus, Adeleke Adekunle
author_sort	Qudus, Adeleke Adekunle
title	Construction risk management among construction companies in Nigeria : moderated by government regulation
title_short	Construction risk management among construction companies in Nigeria : moderated by government regulation
title_full	Construction risk management among construction companies in Nigeria : moderated by government regulation
title_fullStr	Construction risk management among construction companies in Nigeria : moderated by government regulation
title_full_unstemmed	Construction risk management among construction companies in Nigeria : moderated by government regulation
title_sort	construction risk management among construction companies in nigeria : moderated by government regulation
granting_institution	Universiti Utara Malaysia
granting_department	School of Technology Management & Logistics
publishDate	2016
url	https://etd.uum.edu.my/6584/1/depositpermission_s96139.pdf https://etd.uum.edu.my/6584/2/s96139_01a.pdf https://etd.uum.edu.my/6584/3/s96139_02.pdf
_version_	1747828098277048320
spelling	my-uum-etd.65842017-12-17T03:43:31Z Construction risk management among construction companies in Nigeria : moderated by government regulation 2016 Qudus, Adeleke Adekunle Bahaudin, Ahmad Yusni Mohammed Kamaruddeen, Ahmed School of Technology Management & Logistics School of Technology Management & Logistics HD61 Risk Management TH Building construction Substantial empirical studies have established that certain organizational internal and external factors do influence construction risk management of companies. Conjugated with the recent substantial attention on risk management in Nigeria, and the demand for Nigerian construction companies to implement risk management in order to tackle the challenges they are facing, studies on risk management in Nigerian construction companies are few. The objectives of this study are to assess the extent of construction risk management among construction companies operating in Abuja and Lagos state in Nigeria, and to examine the organizational internal and external factors influencing their risk management, moderated by government regulation. A proportionate stratified random sampling was used to select 338 construction companies obtained from Nigeria Galleria and Lagos State Government Tender Board database. A total of 238 completed and valid questionnaires were returned, yielding a 72 percent response rate. Descriptive statistics, the 5-point Likert scale rendition and PMBOK’s risk management category were used to achieve the first research objective. The extent of risk management among Nigerian construction companies was found to be at a moderate level. Drawing upon organisational control theory, this study also examined the role of government regulation on the relationship between organizational factors and construction risk management. Furthermore, the moderating effects of government regulation revealed a negative relationship between organizational internal factors and construction risk management, while government regulation moderated a positive relationship between organizational external factors and construction risk management. Likewise, all the hypotheses on the direct relationship between organizational factors and construction risk management were supported. In summary, the findings in this research demonstrate that government regulation can enhance risk management among construction companies operating in Nigeria. To enhance risk management among construction companies, project managers should give considerable attention to the organizational factors found to be influencing their risk management. 2016 Thesis https://etd.uum.edu.my/6584/ https://etd.uum.edu.my/6584/1/depositpermission_s96139.pdf text eng staffonly https://etd.uum.edu.my/6584/2/s96139_01a.pdf text eng public https://etd.uum.edu.my/6584/3/s96139_02.pdf text eng public Ph.D. doctoral Universiti Utara Malaysia Abbas, B. (2014, October 13, 2014). Kano Govt. revokes contract on sports college News Agency of Nigeria Retrieved from http://www.nannewsnigeria.com/kano-govt-revokes-contract-sportscollege. Abd El-Razek, M., Bassioni, H., & Mobarak, A. (2008). Causes of delay in building construction projects in Egypt. Journal of construction engineering and management, 134(11), 831-841. Abd El-Razek, M., Bassioni, H., & Mobarak, A. (2008). Causes of delay in building construction projects in Egypt. 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