%0 Journal Article
%T The Impact of Risk in Ethiopian Construction Project Performance
%A Bahiru Bewket Mitikie
%A Jaeho Lee
%A Tai Sik Lee
%J Open Access Library Journal
%V 4
%N 12
%P 1-7
%@ 2333-9721
%D 2017
%I Open Access Library
%R 10.4236/oalib.1104233
%X
The overall aim of this work is to increase the
understanding of riskĄ¯s impact on civil work construction project performance.
Then deeper understanding is expected to contribute a more effective risk
management practice and, therefore, a better project output and better value
for project stakeholders. The risk factors are identified from the literature
review, and then data were collected by a major tool questionnaire and focused
group discussions. Statistical
Package for the Social Sciences (SPSS)
program was used to analyze the data and generate statistical measures. For
each risk factor probability of occurrence as well as consequences (impact) of
their occurrence and the risk level are resulted. From the findings it concludes that the main risk factors that affect the project
performance very high are equipment/material failure, labor poor productivity,
the non-availability of equipment and material. The very low identified risk
levels are injuries, earthquake winds; and land slide rock falls. Finally as from the respondents and impact levels of risk; the
analysis revealed that the risk management is not practiced very well.
%K Risk Management
%K Construction Project
%K Risk Analysis
%K Impact of Risk
%U http://www.oalib.com/paper/5292189