Assessment of Risk Management Capability Level of Building Clients in Abuja, Nigeria.

Abstract

Construction organisations in developing countries face uncertain events that occur in different environment and with different characteristics and impacts. These uncertain events called risk can generate more or less severe consequences for the organisation. The purpose of this study is to evaluate the risks management capability by the client. The study appraises the basis for assessing the risk management capacity of building client with a view to improving the level of competencies of the client. In order to attain the objective of the study Mean item score (MIS) and Relative importance index (RII) were used. It was evident that risk response development and risk identification are the highly ranked risk management processes that relate to client’s knowledge about risk. This study also concludes that risk management is a critical success factor which significantly improve project performance. Organisations and construction stakeholders should encourage, ensure and promote the implementation of the risk management maturity model as it is intended to support organisation and stakeholders.