Abstract: The construction industry in Kenya and the world at large is subject to more risks and uncertainty than many other industries. The process of delivering a project from inception, completion and finally into use is complex. The complexity of the work involved in construction activities, therefore, makes construction projects more predisposed to risk events. In times of increasing global competition, the success of projects becomes more decisive to an organization’s business performance. However, many projects still present delays, changes in their scope, failures and premature termination. The skills that enable firms to cope with uncertainty and gain performance through risk management are imperative. The study aimed at examining the influence of construction projects on performance of Kenya Urban Roads Authority projects in central region of Kenya i.e., Muranga, Kiambu, Kirinyaga, Nyeri, and Nyandarua counties. The study identified technical risks, client related risks, financial risks, and socio-political risks as the construction risks. Descriptive survey design was adopted where 217 respondents (engineers and contractors) working with Kenya Urban Roads Authority projects in central region of Kenya were targeted. A sample of 140 respondents was drawn and administered with questionnaires. both descriptive and inferential analysis was done. The response rate was 80%. The study inferential statistics established that constructions risk significantly influence performance of Kenya Urban Roads Authority projects in central region of Kenya. Specifically, technical risks had the highest influence on performance, followed by Client related risks, then financial risks. Socio-political risks had the least influence on performance of Kenya Urban Roads Authority projects in central region of Kenya. All the variables explained 76.5% of performance of Kenya Urban Roads Authority projects in central region of Kenya. The study recommends implementation of project risk management practices to turn the risks in to opportunities. The study also recommends a similar study to identify the other construction risks that explain the variation of 23.5% of performance in Kenya Urban Roads Authority projects in central region of Kenya.
Keywords: Kenya Urban Roads Authority, Construction Risk.
Title: CONSTRUCTION RISKS AND PERFORMANCE OF KENYA URBAN ROADS AUTHORITY PROJECTS IN CENTRAL REGION OF KENYA
Author: Festus Kibet Kiprop, Dr. Muchelule Yusuf
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Vol. 10, Issue 2, October 2022 - March 2023
Page No: 84-90
Research Publish Journals
Website: www.researchpublish.com
Published Date: 22-October-2022
