Abstract: Performance of construction projects in Kenya is a matter of great concern to stakeholders, as most of the construction projects have experienced delays and cost overruns which have adversely affect their performance. Construction projects are very prone to risk which have the significant impact on their performance in terms of time, cost and quality. As the size and complexity of construction projects increases, ability to manage risk throughout the construction process has become a key element of preventing the negative impact of risk. The purpose of this study was to investigate the effects of risk transfer strategy on the performance of construction projects in public Secondary schools in Murang’a County, Kenya. The study employed descriptive research design while judgmental or purposive sampling technique was used to select public secondary schools in Murang’a County to participate in the study. The study used primary data which was gathered by administering questionnaires. Then the data was summarized and analyzed using descriptive and inferential statistics. Descriptive statistical involved the use of frequencies tables’ standard deviation, mean and mode while inferential statistics included the use of regression analysis to analyze quantitative data. The risk transfer strategy was found to have weak influence on performance of construction projects since it had highest beta coefficient value (0.265). The analysis of research findings led to conclusion that risk transfer strategy has a significant influence on performance of construction project in secondary schools. Furthermore, correlation analysis of risk transfer strategy and performance shows positive correlation. This study strongly recommends more studies in public secondary school, colleges and universities in other Counties in order to ascertain the in influence of risk management and performance of construction projects in education sectors
Keywords: Risk Transfer Strategy, Construction Projects, Performance
Title: RISK TRANSFER STRATEGY AND PERFORMANCE OF CONSTRUCTION PROJECTS IN PUBLIC SECONDARY SCHOOLS IN MURANG’A COUNTY, KENYA
Author: Kimani Peter Macharia, Dr. Kirui Caleb
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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