| Abstract: | The study assessed the project risk management in building constructions to achieve a
clear understanding of key risk factors and investigated, evaluated and identified key risk
factors and the extent of risk management and its process that the school building
construction process faces. The study has compared the private school building standard
administration in government schools and private school in its literature. Moreover, this
study analysed whether private schools building construction projects do have a risk
management to fulfil the project objectives and safety environment, by assessing the risk
factors in the process of project implementation and to fill the gaps that found in the study
from various secondary and primary data collection methods. This study compared the
current level of knowledge and skills to implement risk management in the private schools
building construction project based on the knowledge of construction standards and
practitioners in Ethiopia. The study used both primary and secondary data sources. The
primary data collected by using questionnaires and interview, and secondary data were
compiled from various documents, articles and journal, reports, company website, and so on,
The study used to achieve its objective, mixed method research approach. The sampling
methods and sampling size were necessary to evaluate project risk management practices of
the school building construction challenge and risks. Accordingly a total of 25 participants
purposely identified to take as a sample survey to collect data from the selected private
school building sites. Survey questionnaire implemented for collecting data. And descriptive
research design also implemented for describing situations and facts to research questions.
The result revealed that the construction company has somehow a risk management structure
and project risks can be managed but it needs a careful analysis, interpretation and project
manager skills and knowledge is needed to manage it. Additionally, the research found that
the risks of legal and administrative constraints, finical and inflation risks, lack of team and
cooperation, poor contract administration, and finally the study provided practical
suggestions and recommendations on the findings. |
