Abstracts – Browse Results
Click on the titles below to expand the information about each abstract.
Viewing 31 results ...
Abisuga, O A, Ogungbemi, A O, Akinpelu, A A and Oshodi, O S (2017) Assessment of building maintenance projects success factors in Lagos, Nigeria. Journal of Construction Business and Management, 1(1), 29-38.
Adu, E T, Lamptey-Puddicombe, A D and Opawole, A (2020) Consultants' perspectives of survival strategies for small and medium construction firms at infancy stage. Journal of Construction Business and Management, 4(1), 34-47.
Aghimien, D O, Awodele, O A and Maipompo, C S (2019) Organisational commitment of construction skilled workers in selected construction firms in Nigeria. Journal of Construction Business and Management, 3(1), 8-17.
Aiyetan, O A (2019) Influence of the management styles and quality of management on project delivery. Journal of Construction Business and Management, 3(1), 38-44.
Akintola, B F, Jagboro, G O, Ojo, G K and Odediran, S J (2020) Effectiveness of mechanisms for enforcement of ethical standards in the construction industry. Journal of Construction Business and Management, 4(1), 1-12.
Alade, W A (2020) Environmental and socio-economic impacts of Ojodu-Berger road upgrade, Lagos, Nigeria. Journal of Construction Business and Management, 4(1), 24-33.
Anugwo, I C, Shakantu, W, Saidu, I and Adamu, A (2018) Potentiality of the South African construction SMME contractors globalising within and beyond the SADC construction markets. Journal of Construction Business and Management, 2(1), 41-9.
Ayegba, C (2018) Duties and required competencies of a management contractor. Journal of Construction Business and Management, 2(1), 1-9.
Dada, J O and Bamigboye, G O (2021) Diagnosing the causes of quackery in quantity surveying practice in Lagos state, Nigeria. Journal of Construction Business and Management, 5(1), 28-37.
Dosumu, O (2018) Assessment of the likelihood of risk occurrence on tendering and procurement of construction projects. Journal of Construction Business and Management, 2(1), 20-32.
- Type: Journal Article
- Keywords: cost overrun; procurement; questionnaire survey; risk management; tendering
- ISBN/ISSN: 2521-0165
- URL: https://journals.uct.ac.za/index.php/jcbm/article/view/95
- Abstract:
The construction industry is plagued by risks above other industries due to its unique features which include the complexity of building activities, extended period of construction, complicated processes, financial intensity and dynamic organisational structure. These risks are not adequately dealt with and result in increased cost, time and reduced quality. While many types of research have been conducted on construction risks, only a few types of research have investigated the impact of risk (at tendering and procurement stage) on construction projects before they commence. Meanwhile, risk issues are better solved at bidding and procurement phase than construction phase as the case has been. Therefore, this paper examines the likelihood, degree of impact and probability of risk occurrence on tendering and procurement of construction projects. It also investigates the significant sources of tendering and procurement risks, the level of awareness and adoption of risk management techniques in construction tendering and procurement. The questionnaire for the study was administered on building contractors and consultants. A total of 44 questionnaires were retrieved and used for the analysis of the study. The statistical tools used for analysis are frequencies, percentages, mean scores and t test. The findings of the study revealed 17 significant sources of risk among the 35 that were investigated. Risks with high likelihood of occurrence, the degree of impact and high probability of occurrence were also indicated in the study. Based on the findings, it was concluded that respondents are aware and adopt risk management techniques on construction projects, but their adoption is at response level rather than identification level. Therefore, the recommendation of the study is that awareness should be created on the need for risk identification before construction projects commence. This should be implemented at professional and organizational level. Construction stakeholders should guard against risks with a high degree of impact and probability of occurrence during tendering and procurement of construction projects. Therefore, this study contributes to the body of knowledge by investigating the significant sources of risks to tendering and procurement, likelihood of risk occurrence, impact of risks and probability of risk occurrence in tendering and procurement.
Joseph, S, Ralwala, A, Wachira-Towey, I and Mutisya, E (2023) Sustainable construction transition (SCT) policy regime in Kenya. Journal of Construction Business and Management, 6(1), 1-16.
Kukoyi, P O and Smallwood, J J (2017) A qualitative study of health and safety construction practices in Lagos. Journal of Construction Business and Management, 1(1), 1-7.
Mambwe, M, Mwanaumo, E M, Phiri, F and Chabota, K (2020) The construction subcontracting policy framework for developing local contractors capacities in Zambia. Journal of Construction Business and Management, 4(1), 60-70.
Musa, M M, Saleh, I M, Ibrahim, Y and Dandajeh, M A (2023) Assessment of awareness and barriers to the application of lean construction techniques in Kano State, Nigeria. Journal of Construction Business and Management, 6(1), 33-42.
Mwanaumo, E M and Mambwe, M (2019) Effect of management strategies in entrenching organisational safety culture in the electricity industry of Zambia. Journal of Construction Business and Management, 3(1), 27-37.
Obiefuna, J N, Omojola, A, Adeaga, O and Uduma-Olugu, N (2017) Groins or not: Some environmental challenges to urban development on a lagos coastal barrier island of Lekki peninsula. Journal of Construction Business and Management, 1(1), 14-28.
Odiba, E, Demian, P and Ruikar, K (2021) Development of a conceptual framework for effective quality management practices in construction organisations. Journal of Construction Business and Management, 5(1), 1-16.
Ogunbayo, O T (2019) Respondents’ perception of risk factors on residential property development in abuja, Nigeria. Journal of Construction Business and Management, 3(1), 18-26.
Ogwueleka, A C and Ikediashi, D I (2021) Exploring the effects of positive organizational behaviour models on occupational eustress amongst construction employees. Journal of Construction Business and Management, 5(1), 38-46.
Oladiran, O J, Bayewun, A A and Aderogba, A M (2021) Awareness and usage of environmental waste management practices of contractors on construction sites. Journal of Construction Business and Management, 5(1), 17-27.
Oladiran, O J, Ogunsanmi, O E and Dada, M O (2019) Frameworks for material waste minimization on Nigerian building projects. Journal of Construction Business and Management, 3(1), 45-61.
Olusanya, O A (2018) Subcontracting systems and social protection in the informal building construction industry in Lagos, Nigeria. Journal of Construction Business and Management, 2(1), 10-9.
Oluwatayo, A A, Amole, D and Alagbe, O (2019) Firm attributes and performance: A study of architectural firms in Nigeria. Journal of Construction Business and Management, 3(1), 1-7.
Saidu, I, Shakantu, W, Adamu, A and Anugwo, I (2017) A bespoke approach for relating material waste to cost overrun in the construction indsutry. Journal of Construction Business and Management, 1(1), 39-52.
Simukonda, W and Kamwela, N (2021) The management of theft and vandalism on construction jobsites in the Southern Region of Malawi . Journal of Construction Business and Management, 5(1), 47-59.
Ssegawa, J K, Rwelamila, P D and Mogome, M G (2020) The challenges of closing construction projects final accounts in Botswana local authorities. Journal of Construction Business and Management, 4(1), 13-23.
Tembo, M, Mwanaumo, E M u and Kahanji, C (2023) An investigation into construction tender-price inflation. Journal of Construction Business and Management, 6(1), 17-32.
Tente, P, Misheng'u Mwanaumo, E and Didibhukut Thwala, W (2023) Sources and control measures of crystalline silica dust in a road and building project in Zambia. Journal of Construction Business and Management, 6(1), 43-52.
Tshehla, M F and Mukudu, E (2020) Addressing constraints for effective project finance for infrastructure projects in emerging economies: the case of Zimbabwe. Journal of Construction Business and Management, 4(1), 48-59.
Waziri, B S (2018) Pareto analysis of critical risk factors of build operate and transfer projects in Nigeria. Journal of Construction Business and Management, 2(1), 33-40.
Windapo, A, Odediran, S, Moghayedi, A, Adediran, A and Oliphant, D (2017) Determinants of building construction costs in South Africa. Journal of Construction Business and Management, 1(1), 8-13.