RISK MANAGEMENT AND SUSTAINABLE DEVELOPMENT IN ROAD CONSTRUCTION IN SOUTH-EASTERN NIGERIA

Civil engineering projects involve multiple activities, spanning a large area of land, and entailing

the possibility of subterranean conditions making them extremely risky. Road construction involves

risk from the beginning to the ending and can significantly impact any one of the project's

components, such as cost, quality, timeliness, and scope. This study considered selected

construction companies within the South East geopolitical zone of Nigeria as a case study to

examine sustainable risk management for road construction projects. The methodology comprised

the use of a questionnaire survey for primary data gathering and one-sample t-test statistical model

for data analysis. From the result, the program evaluation review technique with a mean value of

3.71, is the most successful risk management strategy in Nigeria, according to this study, and it

complies with sustainable development principles; while delayed payment challenge is seen as the

risk with the highest rating. The study would assist project managers in better estimating risks

before any project begins, understanding the risks that are expected in road projects, and creating

appropriate mitigation strategies early on in a project.

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