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An exploratory factor analysis of risk management practices: A study among small and medium contractors in Gauteng
Acta Structilia Pub Date : 2018-01-01 , DOI: 10.18820/24150487/as25i1.1
Bérenger Renault , Justus Agumba , Nazeem Ansary

Risk management (RM) is acknowledged as a key activity in project management in the pursuit to deliver successful construction projects. However, these projects are associated with various risks, which often jeopardise project performance, especially among small and medium construction enterprises (SMEs). Risk management practices (RMPs) have been developed, in order to curtail project risks. Nevertheless, there is no consensus on the practices that constitute RM for SME projects. Therefore, the main purpose of this research is to determine the RMPs that can be tailored for construction SMEs to manage risk in their projects, in order to achieve project success. An extensive review of relevant literature on RMPs was conducted and used to develop a structured questionnaire posted to construction SMEs who were conveniently sampled in the Gauteng province of South Africa. The empirical findings established nine RMPs that were reliable and valid for managing risk in projects undertaken by construction SMEs, namely organizational environment; defining project objectives; resource requirements; risk measurement; risk identification; risk assessment; communication approach and evaluation; risk response and action planning, as well as monitoring and review. It is important to note that the study was not conducted across South Africa; hence, the findings cannot be generalized. Despite the delimitation, the researchers recommend that these practices are for risk management in construction projects undertaken by SMEs in South Africa.

中文翻译:

风险管理实践的探索性因素分析:豪登省中小型承包商的研究

风险管理(RM)被认为是项目管理中追求成功交付建设项目的关键活动。但是,这些项目涉及各种风险,通常会危害项目绩效,尤其是在中小型建筑企业(SME)中。为了减少项目风险,已经制定了风险管理规范(RMP)。然而,对于构成中小企业项目管理的实践尚无共识。因此,本研究的主要目的是确定可为建筑业中小型企业量身定制的RMP,以管理其项目中的风险,以实现项目成功。进行了有关RMP的相关文献的广泛回顾,并用于制定结构化的问卷,该问卷被发布到在南非豪登省方便采样的建筑中小型企业。实证结果确定了九个RMP,这些RMP是可靠且有效的,可用于管理建筑SME进行的项目中的风险,即组织环境;确定项目目标;资源需求;风险衡量;风险识别;风险评估; 沟通方式和评估;风险应对和行动计划,以及监控和审查。必须指出的是,该研究并非在南非进行。因此,研究结果不能一概而论。尽管有界限,
更新日期:2018-01-01
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