An assessment on the risk management practices of construction projects; The case study of Addis Ababa Saving House Development Enterprise

Abstract

The goal of this study was to evaluate the Addis Ababa Saving House Development Enterprise’s project risk management procedures. Descriptive study design was employeed by the investigator. Semi-structured interviews and a questionnarie were used as the data gathering methods. Purposive sampling was used to choose the 40 participants that made up the study’s sample size. There was a 100% response rate. Purposive sampling was used to determine the sample size, and 49 items of a questionnaire were sent to team members and other project participants. The study’s conclusions showed that there isn’t a well-organized policy or guideline that offers advice on how to handle project risk. Typically, the project doesn’t adhere to a predetermined or typical risk management procedure. The majority of participants through risk management