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Risk management in public sector construction projects: Case studies in Lesotho
Construction projects are facing problems that impede their expected performance. Time, cost, quality, and competition limitations place constraints on projects. These challenges require incisive risk-management (RM) practices. This article presents the findings of a multiple case study, which determined how and why public sector construction projects are failing in terms of contemporary RM practices that appear to be lacking in Lesotho construction. The article investigates the stakeholders’ perceptions regarding risks’ likelihoods and impacts (P-Is) on three public sector construction projects. A 5-point Likert measurement scale was used to collect data for the P-I grids. The data are analysed and presented with Scatter plots. The results obtained through cross-case synthesis show that the interviewees perceive the level of risks’ P-Is on the examined construction projects to be high. Moreover, the level of RM practice is found to be inconsistent with best practices. To enhance RM practices in Lesotho, the management of public sector construction projects should promote the use of competent project managers.
Risk management in public sector construction projects: Case studies in Lesotho
Construction projects are facing problems that impede their expected performance. Time, cost, quality, and competition limitations place constraints on projects. These challenges require incisive risk-management (RM) practices. This article presents the findings of a multiple case study, which determined how and why public sector construction projects are failing in terms of contemporary RM practices that appear to be lacking in Lesotho construction. The article investigates the stakeholders’ perceptions regarding risks’ likelihoods and impacts (P-Is) on three public sector construction projects. A 5-point Likert measurement scale was used to collect data for the P-I grids. The data are analysed and presented with Scatter plots. The results obtained through cross-case synthesis show that the interviewees perceive the level of risks’ P-Is on the examined construction projects to be high. Moreover, the level of RM practice is found to be inconsistent with best practices. To enhance RM practices in Lesotho, the management of public sector construction projects should promote the use of competent project managers.
Risk management in public sector construction projects: Case studies in Lesotho
Molefi Nketekete (Autor:in) / Fidelis Emuze (Autor:in) / John Smallwood (Autor:in)
2016
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
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Risk management in public sector construction projects: Case studies in Lesotho
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