Identifying Risks of Nigerian Projects Construction Essay
The construction industry is full of uncertainty, leading to monetary losses and schedule delays. Therefore, risk management is essential to deliver a successful project, even if it is sometimes the case. In many construction projects, there was a risk that had not been properly analyzed or integrated by clients, contractors or consultants as one of the main causes. The delivery time of a project is an important cost factor for both the owner and the contractor. Unexpected cost increases and delays in construction projects are caused by the owner, contractor, environments, etc., and several types of risk factors can occur simultaneously. The effect of cost overrun and schedule overrun is. Risk identification and assessment is not a science but an art, and while there are many possible approaches to this problem, we propose that our strategies for identifying, assessing, ranking and This article assesses the quality management practices of the Nigerian construction industry. companies that plan to propose appropriate measures to improve quality performance. Data has been collected. In developing countries like Nigeria, the situation is even worse compared to the developed world. Idoro, 2004 Idoro, 2007Udo et al. 2016. This is due to the following reasons: lack of concern. This study examined the major causes and consequences of delay in construction project execution in Akure, Ondo State, Nigeria. With the help of literature, a total number of construction causes. In construction management, the main objective of the organization is to focus on avoiding maximum risks related to quality, time, costs, stakeholders and environmental impacts in planning and design, thereby promoting the effectiveness of risk, stakeholder and environmental management to achieve the increase building productivity. the project is paramount. Summary and figures. This study focused on issues related to the incessant abandonment or abandonment of construction projects in Nigeria, with the aim of identifying the critical causal variables. Facts.