Evaluation of Risk Management Practices in Construction Projects in Rwanda
Emmanuel Rwagasana1, Githae Wanyona2, Titus Kivaa3
1Emmanuel Rwagasana,, Dept. Construction Management, Jomo Kenyatta University of Agriculture & Technology, Nairobi, Kenya
2Githae Wanyona, Dept. Construction Management, Jomo Kenyatta University of Agriculture & Technology, Nairobi.
3Titus Kivaa, Dept. Construction Management, Jomo Kenyatta University of Agriculture & Technology, Nairobi.
Manuscript received on 13 March 2019 | Revised Manuscript received on 19 March 2019 | Manuscript published on 30 July 2019 | PP: 405-411 | Volume-8 Issue-2, July 2019 | Retrieval Number: B1501078219/19©BEIESP | DOI: 10.35940/ijrte.B1501.078219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This research found that the Rwanda construction Industry is faced with critical risk management practices on construction projects. This evaluation has identified the high likelihood of construction failures that fall under logistics, physical, construction, subcontractors, and design related factors. Risks wither remedial or by mitigation associated with the criteria of risk factors are frequently averaged, and certainly used to identify some risk factors it does not identify all of the problems that can result in failure. Similarly, the findings indicate that the most common used analysis techniques were expert systems which include software package, decision support system and computer-based analyses techniques, direct judgement using experience and personal skills, transfer or sharing risk to/with other parts and comparing analysis which means comparing similar projects with similar conditions.
Index Terms: Risk Management, Risk Remedial, Risk Mitigation, Risk Analysis Techniques.
Scope of the Article: Simulation Optimization and Risk Management