Project risk management practices: The Effect on project scope

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Autori principali: Herbertson, E. A, Akitunde, O. O, Sunmola, B. R, Omoniwa, C.J, Oni, M. I
Natura: Recurso digital
Pubblicazione: Zenodo 2025
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author Herbertson, E. A
Akitunde, O. O
Sunmola, B. R
Omoniwa, C.J
Oni, M. I
author_facet Herbertson, E. A
Akitunde, O. O
Sunmola, B. R
Omoniwa, C.J
Oni, M. I
contents <p><span>The project scope of construction is paramount to the effective and efficient completion. However, construction industries grapple with suboptimal project performance significantly, impairing project outcomes. What role project risk management practices play is the core of this paper. Hence, this study examined the effect of project risk management practices on the project scope of selected construction companies in Nigeria. A survey research design was adopted. The population was 202 top management and mechanical department staff of three selected construction companies in Lagos State, Rivers State, and the Federal Capital Territory of Abuja, Nigeria. A sample size of 176 was used to obtain data through a validated questionnaire. Results from Smart partial least squares structural equation modeling (PLS-SEM) software revealed that project risk management practices had a significant effect on the project scope of selected construction companies in Nigeria (Adj R2 = 0.662, F2= 0.209, Q2 = 0.642, p < 0.05). It is recommended that by engaging in proactive risk identification, analysis, mitigation, and control, construction companies can minimize the likelihood of scope changes, delays, and cost overruns, thus meeting stakeholders’ satisfaction.</span></p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_14735446
institution Zenodo
language
publishDate 2025
publisher Zenodo
record_format zenodo
spellingShingle Project risk management practices: The Effect on project scope
Herbertson, E. A
Akitunde, O. O
Sunmola, B. R
Omoniwa, C.J
Oni, M. I
Project performance, Project scope, Project risk management practices, Risk assessment, Risk mitigation
<p><span>The project scope of construction is paramount to the effective and efficient completion. However, construction industries grapple with suboptimal project performance significantly, impairing project outcomes. What role project risk management practices play is the core of this paper. Hence, this study examined the effect of project risk management practices on the project scope of selected construction companies in Nigeria. A survey research design was adopted. The population was 202 top management and mechanical department staff of three selected construction companies in Lagos State, Rivers State, and the Federal Capital Territory of Abuja, Nigeria. A sample size of 176 was used to obtain data through a validated questionnaire. Results from Smart partial least squares structural equation modeling (PLS-SEM) software revealed that project risk management practices had a significant effect on the project scope of selected construction companies in Nigeria (Adj R2 = 0.662, F2= 0.209, Q2 = 0.642, p < 0.05). It is recommended that by engaging in proactive risk identification, analysis, mitigation, and control, construction companies can minimize the likelihood of scope changes, delays, and cost overruns, thus meeting stakeholders’ satisfaction.</span></p>
title Project risk management practices: The Effect on project scope
topic Project performance, Project scope, Project risk management practices, Risk assessment, Risk mitigation
url https://doi.org/10.5281/zenodo.14735446