Successful Completion Of Construction Projects Research Articles

The Utilization of Stakeholder Management Frameworks for the Successful Completion of Construction Projects in Zambia

This study aimed to examine the utilization of stakeholder management frameworks in the Zambian construction industry using the Kariba Dam Rehabilitation Project (KDRP) in Siavonga as a case study. The study was pinned on the stakeholder theory using a mixed methods design that involved integrating quantitative data and desk/secondary research. The target population comprised industry practitioners and project team members working on the KDRP project. Using judgmental (or purposive) sampling, 91 respondents took part in an online survey and over 30 articles were examined in the systemic review. Quantitative data was analyzed using SPSS V23 by running descriptive frequency statistics and the studies were grouped using Atlas.ti software. The study demonstrated a good level of knowledge and positive attitude by construction workers on the KDRP of stakeholder management. The biggest factors that influenced the implementation and application of stakeholder management frameworks were a lack of project or organizations management interest to implement stakeholder management frameworks and lack of skill by contractors and project managers to apply stakeholder management frameworks among others. The study concluded that there is no stakeholder management framework in use in the Zambian construction industry. Therefore it is recommended that the concerned engineering bodies advocate for the development of national or industry-specific policies, regulations, or guidelines that promote stakeholder engagement in construction projects.

Analysis of Cost and Time Using Earned Value on the Boarding School Construction Project at SMA Muhammadiyah 3 Tulangan Sidoarjo

Effective project management is crucial for the successful completion of construction projects, including the construction of a dormitory at SMA Muhammadiyah 3 Tulangan. Challenges such as design changes, adverse weather conditions, and limited labor resources impact the project's progress. The Earned Value Method is used to monitor project performance by analyzing indicators like BCWS, BCWP, ACWP, SV, CV, SPI, and CPI. This analysis shows that the project initially experienced delays and exceeded budget costs, but the situation improved significantly over time. Despite weekly variations in costs, the project remained on a financially manageable track. The conclusion from this analysis is that while the project faced time delays, cost performance remained under control. Recommendations for improvement include more thorough planning, better resource management, and quicker responses to changes.

Comprehensive approach to claim assessment in construction project

Effective claim management is crucial in construction projects to ensure fair resolution of disputes, control costs, and maintain project schedules. This article analyzes the claim assessment practices in construction projects across four regions: Malaysia, the United Kingdom (UK), Vietnam, and Lagos (Nigeria). By examining successful claim assessments, identifying lessons from disputed claims, and conducting a comparative analysis, the study uncovers effective strategies and common challenges in claim management. Key findings highlight the importance of comprehensive documentation, proactive claim management, and the use of advanced tools such as Building Information Modeling (BIM) and Project Management Information Systems (PMIS). Successful projects often employed robust documentation practices, clear communication channels, and advanced analytical tools to resolve claims efficiently. Lessons learned emphasize the necessity of clear contract terms, regular training for site staff, and standardized procedures to mitigate disputes. Recommendations for practitioners include implementing robust documentation practices, adopting proactive claim management, enhancing communication and collaboration, using advanced analytical tools, and engaging independent experts. The article also identifies areas for future research, such as the impact of emerging technologies, the effectiveness of Integrated Project Delivery (IPD), and the role of Continuous Professional Development (CPD) programs in enhancing claim management skills. By adopting these best practices and addressing identified challenges, project stakeholders can improve the efficiency, accuracy, and fairness of claim assessments, contributing to the successful completion of construction projects. Keywords: Claim, Construction, Contract, Delay, Documentation, Management, Project.

Enhancing Efficiency in Industrial Metal Roof Replacement: Utilizing Goal Programming for Cost Optimization

This study explores the use of Goal Programming (GP) to optimise project management decisions in the construction industry, focusing on a case study of a roof replacement project. The construction industry is crucial to a country's development, contributing significantly to economic growth and employment rates. However, construction projects are often complex and resource-intensive. Project management is essential in ensuring the successful completion of construction projects. The study uses GP to address the time-cost trade-off in project management, aiming to minimise project costs while meeting project deadlines and quality requirements. The GP model considers various constraints, such as the availability of workers and equipment, project duration, and budget limitations. The study presents two optimisation options: a time-focused option and a cost-focused ed option. The time-focused option prioritises timely project completion, while the cost-focused option aims to minimise project costs. In the case study, the time-focused option is the most suitable choice. This approach allows the project to be completed in time as the alternative option delay delays the project far too unacceptable. Overall, the study demonstrates the effectiveness of GP in optimising project management decisions in the construction industry. By carefully evaluating project constraints and objectives, GP can help construction companies achieve the best possible outcomes in terms of cost, time, and quality. Keywords: Goal Programming, Construction Industry, Project Management, Time-Cost Trade-off, Optimization

The application of Bayesian network analysis in demystifying construction project subcontracting complexities for developing countries

PurposeThis study aimed to address a gap in subcontractor management by focusing on previously unexplored complexities surrounding subcontractor management in developing countries. While past studies concentrated on selection and relationships, this study delved into how effective subcontractor management impacts project success.Design/methodology/approachThis study used the Bayesian Network analysis approach, through a meticulously developed questionnaire survey refined through a piloting stage involving experienced industry professionals. The survey was ultimately distributed among participants based in Accra, Ghana, resulting in a response rate of approximately 63%.FindingsThe research identified diverse components contributing to subcontractor disruptions, highlighted the necessity of a clear regulatory framework, emphasized the impact of financial and leadership assessments on performance, and underscored the crucial role of main contractors in Integrated Project and Labour Cost Management with Subcontractor Oversight and Coordination.Originality/valuePrevious studies have not considered the challenges subcontractors face in projects. This investigation bridges this gap from multiple perspectives, using Bayesian network analysis to enhance subcontractor management, thereby contributing to the successful completion of construction projects.

Strategies for Imputing Missing Values and Removing Outliers in the Dataset for Machine Learning-Based Construction Cost Prediction

Accurately predicting construction costs during the initial planning stages is crucial for the successful completion of construction projects. Recent advancements have introduced various machine learning-based methods to enhance cost estimation precision. However, the accumulation of authentic construction cost data is not straightforward, and existing datasets frequently exhibit a notable presence of missing values, posing challenges to precise cost predictions. This study aims to analyze diverse substitution methods for addressing missing values in construction cost data. Additionally, it seeks to evaluate the performance of machine learning models in cost prediction through the removal of conditional outliers. The primary goal is to identify and propose optimal strategies for handling missing value in construction cost records, ultimately improving the reliability of cost predictions. According to the analysis results, among single imputation methods, median imputation emerges as the most suitable, while among multiple imputation methods, lasso regression imputation produces the most superior outcomes. This research contributes to enhancing the trustworthiness of construction cost predictions by presenting a pragmatic approach to managing missing data in construction cost performance records, thereby facilitating more precise project planning and execution.

An Empirical Study on the Effects of Disputes on Successful Completion of Construction Projects

Disputes are common in construction projects, demanding significant attention in terms of financial resources, time, and manpower to seek resolutions. Conversely, unresolved disputes can create unfavorable effects on project performance. When project leaders recognize the major consequences of disputes, they can formulate strategies to proactively prevent or alleviate such conflicts. This heightened awareness empowers project teams to swiftly identify and resolve disputes, preventing their adverse consequences on successful project completion. The primary objective of this research is to enhance project management practices by providing insights into the effects of disputes, thereby enabling stakeholders to implement proactive strategies for prevention, mitigation, and effective resolution. Utilizing existing literature published between 2019 and 2023, this study critically analyzes 18 selected journal papers sourced from the ProQuest Central database, all of which have undergone rigorous review. This research identified nine major effects that appear due to disputes in construction projects. Further, cost overrun is identified as the major effect of disputes that can impact negatively in project performance and successful completion. This study further identified research gaps that need future studies.

Identifying the Causes of Dissatisfaction of Construction Labour: A Case Study of Building Construction of Jajarkot District Hospital, Nepal

The construction industry in Nepal is a significant contributor to the country's economy, but it faces challenges related to construction labor’s dissatisfaction. This study focuses on identifying the causes of dissatisfaction of construction labour during the building construction in Jajarkot. The primary objective of this study is to pinpoint and dissect the critical challenges that confront construction workers and, more importantly, to propose strategies aimed at enhancing their job satisfaction. The ultimate goal is to catalyse improvements in overall productivity and the successful completion of construction projects in the region. The study uses a mixed-method approach, including questionnaire, reports and research papers to gather data. The research identifies several key factors contributing to labour dissatisfaction, including delayed payment, inadequate compensation, inadequate wages, unsafe working conditions, excessive working hours and insufficient safety measures. These issues have a direct impact on construction labour motivation, affects their morale and well-being, leading to unhappiness, reduced productivity and reduced work excellence. The key recommendations include timely payments, improving compensation, enhancing working conditions, offering career growth prospects, promoting open communication, and recognizing workers' contributions. By adopting these measures, the construction industry can foster a positive work environment, leading to increased productivity and timely project completion.

Building Execution Plan as an effective document for Building Information Modelling

The use of Building Information Modelling (BIM) technology is recently becoming an increasingly influential factor in the successful completion of construction projects. Providing a wide range of technical enhancements to the design process (for example software for 3D modelling), BIM also offers a wide range of tools for managing construction projects. The goal of Building Information Modelling is to eliminate gaps in data transmission between different stages of the life cycle of a construction project. In this context, BEP, or BIM Execution Plan, is an essential document in the BIM concept. It functions as a tool for managing a project, both from the human resources perspective, such as meeting deadlines, and from the perspective of preserving and transferring graphical and non-graphical data of the project. Furthermore, it provides a detailed plan for building design, construction, and facility management, helping to ensure that all stakeholders are in line with the project’s goals. This article examines BEP as it evolves throughout various life cycle stages, from initial design and planning to construction and final delivery, exploring its potential in facility management.

A review of Factors Affecting the Performance of Subcontractors in construction Industry

The construction industry has a complex supply chain, where subcontractors play a significant role in the success of construction projects. Subcontractors are responsible for delivering specialized services, such as electrical, plumbing, and HVAC systems, among others, which are critical for the successful completion of construction projects. Therefore, understanding the factors that affect the performance of subcontractors in the construction industry is essential for improving project outcomes. This study examines the factors that influence the performance of subcontractors in the construction industry. Using Literature reviews, the study identifies several factors that impact subcontractor performance, including project management, communication, collaboration, financial stability, and trust. The meta-analysis shows that effective management of these factors can lead to improved subcontractor performance, which is critical for the success of construction projects. The study provides a comprehensive understanding of the key factors affecting subcontractor performance and offers insights to assist project managers in improving their subcontractor management strategies. The findings from this study contribute to the existing literature on subcontractor performance in the construction industry and have practical implications for project management practices.

Assessment of Demski’s Model in House Construction Planning

The construction industry has witnessed significant advancements in recent years, particularly in the area of planning and project management. Efficient and effective planning plays a vital role in the successful completion of construction projects, ensuring timely delivery, cost-effectiveness, and quality. One prominent planning model that has gained attention is Demski's Model, which aims to optimize the house construction planning process by incorporating various factors and variables. This research paper presents an in-depth assessment of Demski's Model in the context of house construction planning. The objective is to evaluate the model's effectiveness, its applicability in realworld scenarios, and the potential benefits it offers to the construction industry. The assessment process involves a comprehensive literature review, analyzing existing studies, scholarly articles, and relevant industry reports. The gathered information provides a foundation for understanding the fundamental principles and components of Demski's Model. The research methodology consists of both quantitative and qualitative analysis. Quantitative analysis involves examining key performance indicators such as project duration, cost, and resource allocation, comparing projects that utilized Demski's Model with those that followed traditional planning approaches. Qualitative analysis focuses on gathering feedback from project stakeholders, including contractors, homebuilders, and house owners, to gauge their experiences and perceptions regarding the model's effectiveness and practicality. The findings of this research contribute to the existing knowledge base on house construction planning methodologies. The assessment of Demski's Model provides insights into its strengths, weaknesses, and potential areas for improvement. It also sheds light on the challenges and limitations that may arise during its implementation. By understanding these factors, construction professionals can make informed decisions when considering the adoption of Demski's Model in their planning processes. Ultimately, this research aims to provide a comprehensive assessment of Demski's Model in house construction planning, offering valuable insights for researchers, practitioners, and decision-makers in the construction industry. By evaluating the model's effectiveness and practicality, this study contributes to advancing planning methodologies and optimizing construction project outcomes in the pursuit of enhanced efficiency, reduced costs, and improved quality.

Ranking and Weighting Effective Project-Based Communication Indicators for Primary and Secondary Stakeholders in Construction Projects

Effective communication is essential to the successful completion of construction projects, but achieving it can be difficult when there are several stakeholders. Various studies have identified and analyzed effective project-based communication indicators (EPCIs), but most have not addressed their impact. This paper strives to fill that knowledge gap by investigating the impacts of EPCIs on primary (owners, designers, and contractors) and secondary (subcontractors and suppliers) stakeholders in construction projects. To this end, a comprehensive study of the previous literature was performed to identify and classify the EPCIs. Data from 40 case studies of regional and global construction projects were collected, and a survey questionnaire was designed and disseminated to collect additional data. Cohen’s d method was employed to weight each of the EPCIs for all five stakeholders’ groups, and the findings revealed that a lack of financial resources, high turnover of craft labor, the owner’s lack of understanding of the project’s goals and objectives, a large number of approvals needed by primary stakeholders, and the number and depth of quality requirements significantly impact the quality of communication. The findings of this research will help management teams understand how project parameters impact the quality of communication among stakeholders and will enable them to develop strategies to prevent unintended consequences caused by miscommunications.

A Quantitative Study of the Impact of Organizational Culture, Communication Management, and Clarity in Project Scope on Constructions’ Project Success with Moderating Role of Project Manager’s Competencies to Enhance Constructions Management Practices

The construction industry is considered a driver of economic growth, especially in developing countries. However, the successful completion of construction projects is a major challenge, due to the lack of competencies. The current study explores the effects of communication management practices, clarity in the scope of the construction project, and organizational culture to enhance project success. A project manager is essential in running a project smoothly and according to the schedule. Keeping in view the predominant role of the project manager, this study aims to find the moderating impact of manager competencies to improve the construction project routine and generate successful projects. A questionnaire survey was conducted to collect the data and determine how these variables influence construction project progress. The current research results show an excellent association between a construction project’s success and the discussed independent variables. Additionally, it was found that a competent project manager can play a better role in preventing the uncomfortable influences of independent variables on the dependent variable. The obtained outcomes highlight the importance of adequately handling organizational culture, communication management, and clarity to achieve project success. These outcomes are helpful for the professionals working in the construction sector to raise the project success rate and enhance their construction management capabilities.

Performance Prediction of Construction Projects Based on the Causes of Claims: A System Dynamics Approach

Conflict in human relations is unavoidable; therefore, it can occur in construction projects that are full of many human relationships. These conflicts can lead to claims if interlocutors do not agree. The main result of the claims is the delay and overrun of costs in construction projects. Additionally, poor management of claims affects the success of construction projects and their budget and schedule. Moreover, controlling claims ensures the successful completion of construction projects and minimizes delays and disputes. This study sought to improve the project performance by ranking the causes of claims and examining their impacts on Key Performance Indicators (KPI) using the combined AHP-TOPSIS (Analytic Hierarchy Process-Technique for Order of Preference by Similarity to Ideal Solution) method. Given that construction projects are constantly evolving and becoming more complex and have many linear and nonlinear relationships and structures, these projects can be considered as a kind of system dynamics. The system dynamics have been used for nearly four decades to analyze and improve the performance of construction projects. This study attempted to provide a model with a system dynamics approach to predict the performance of construction projects based on the reasons for the claim. In this model, the most important performance indicators, interactions between them, and the relationship of these indicators with the reasons for claiming were simulated. The results showed that delays are the most important reasons for making claims, and they have a great impact on the KPIs such as scheduling, sustainability, customer satisfaction, quality, and team satisfaction, respectively. In the modeling and simulation discussion in this study, the proposed model simulated the dependencies between the KPIs of construction projects and their changes over time and provides a better understanding of how performance indicators interact with each other. Additionally, it can be used as a basis for simulating different management policies to find the best solution to prevent and correct the negative effects of poor performance.

Spatio-temporal planning simulation of temporary elevators in construction using a game engine

Designing a reasonable and efficient transportation system of temporary elevators from the perspective of spatio-temporal planning is beneficial for the successful completion of construction projects. Specifically, the determination of the service period and floor of temporary elevators and the consideration of the limited availability of time and space should be taken seriously. The spatio-temporal planning of temporary elevators puts forward higher requirements for the display of planning solutions due to the complexity considering both time and space. However, current display ways are generally abstract, low-dimensional, and static, and even when the 4D model is adopted, the display effect of spatio-temporal planning solutions is still limited. This research presents a spatio-temporal planning simulation of temporary elevators in construction using a game engine to address those challenges. The workflow of the spatio-temporal planning simulation divided into configuration and operation planning consists of three steps: 1) import data into the game engine platform, 2) generate the spatio-temporal planning simulation scheme, and 3) conduct the spatio-temporal planning simulation. The results of the experimental test show that the presented spatio-temporal planning simulation way is intuitive and convenient, various planning elements are clearly shown, and corresponding planning information is efficiently conveyed, which can effectively enhance the display effect of spatio-temporal planning solutions.

Editorial

Welcome to the ninth issue of the Journal of Construction Business and Management. Globally, poor project performance has become an area of concern to researchers, construction practitioners and policymakers. The lack of understanding of the factors causing poor project performance is responsible for developing appropriate management strategies to address the problem. Achieving the successful completion of construction projects remain a pressing goal. Several approaches have emerged proposed to construct quicker, greener, sustainable, affordable buildings and infrastructure with better quality and low environmental impact. However, the problem of poor project performance persists. 
 This journal edition presents scholarly discussions on theoretical and empirical challenges confronting practitioners and enterprises in the construction industry. The intention is to understand the practice and theoretical lens used in its explanation or interpretation. This journal edition covers the following subjects: quality management practices, environmental waste management practices, unethical practices, positive organisational behaviour, occupational eustress, theft and vandalism. The issue contains five articles written by twelve scholars based in Malawi, Nigeria, South Africa and the United Kingdom.
 The first article by Odiba, Demain and Ruikar (2021) develops a contextual model for improving the culture of quality that can facilitate effective quality management practices in construction organisations. The designed model is a quality system that construction organisations can use in identifying some typical barriers hindering effective Quality Management System (QMS) implementation; assisting in the development of cultural values that can drive effective QMS implementation; undertaking effective QMS practices as they relate to construction and recognising the potential results and longer-term benefits obtainable from implementing effective QMS. The second article by Oladiran, Bayewun and Aderogba (2021) investigates the environmental waste management practices (EWMPs) of contractors on construction sites. Construction wastes pose challenges to contractors and clients on construction projects globally, with significant consequences on the environment. Contractors were aware of material storage strategies, ordering the exact amount of materials and checking deliveries properly. Based on these findings, the study recommends that construction firms, governments, and institutions involved in regulating the sector should sponsor the training of professionals on the various EWMPs towards improving their awareness.
 The causes of quackery in quantity surveying practice are examined in the paper by Dada and Bamigboye (2021). The article highlights that the reasons for quackery in quantity surveying practice are multidimensional and can be narrowed down to unethical practices, client engagement, job security, regulatory and issues related to corruption. The fourth paper by Ogwueleka and Ikediashi (2021) assesses the effects of positive organisational behaviour (POB) constructs on eustress amongst construction employees based on the rationale that organisational behaviour has been characterised by negativity than positively. The study focuses on identifying the areas that can propel positive mental health among construction employees to improve their performances and increase work productivity. Five constructs of POB models and five parameters of eustress that have a significant influence on eustress were identified and outlined in the paper.
 The phenomenon of theft and vandalism on construction job sites in Sub-Saharan Africa has not been fully explored to guarantee the implementation of evidence-based security management practices to minimise losses and improve projects' profitability margins. The fifth paper by Simukonda and Kamwela (2021) investigated the management of theft and vandalism by large contractors to identify implementation issues that need improvement. The study found that the key security management practices used on construction sites include inventorying construction materials, tools and equipment, termination of employment for offenders, and reporting theft and vandalism to enforcement agencies.
 I thank all authors who submitted papers for consideration. I also value the contributions and unrelenting efforts of the JCBM editorial board members and panel of reviewers in ensuring that manuscripts are of high quality and keeping the journal on the path to attaining the expected standard and quality. Finally, these articles should help inspire new ethical, waste and security management practices. As ever, if there is something you would like to share with us, compliments, criticisms, feedback and suggestions on how to improve the quality of the journal, don't hesitate to get in touch.
 Abimbola Windapo PhD
 Editor-in-chief

Simulation of vehicle movements for planning construction logistics centres

PurposeMaterials supply is one of the important elements in construction operation and a major factor affecting the quality of construction projects. Many industries look to manage materials effectively by attempting to integrate logistics processes into logistics chains of suppliers and customers. Logistics processes, being crucial for successful completion of construction projects, but in fact, auxiliary, are often entrusted to external professionals specialised in logistic services, such as logistics centres. However, this tendency is yet to be developed in construction. The purpose of this paper is to develop a simulation framework for the examination of potential improvements of logistics performance using logistics centres.Design/methodology/approachA case study approach was adopted with computer simulation using Flexsim. Data of vehicle movements were collected during construction on-site from the start of construction to “hand-over” to the building owner.FindingsThe ideal location of a logistics centre is identified using vehicle movements data collected on the site. The potential improvements of the planned centre are then evaluated by simulating various scenarios of vehicle movements. The enclosed results from the simulations indicate that using a logistics centre will reduce waste for the construction project considered.Originality/valueThe paper emphasises that creating a logistics centre for a project can improve construction logistics performance, by consolidating and optimizing both off-site and on-site logistics, especially when the site condition is prohibitive (small footprint with limited loading bay area). Establishing logistics centres may help find ways of making the overall construction project more effective by improving the management of materials.

A simulation-based dynamic scheduling model for curtain wall production considering construction planning reliability

Appropriate production scheduling of curtain wall systems is essential for the successful completion of construction projects. The construction process of the curtain wall system is mainly on the critical path and accounts for 10–15% of the total construction cost. Should curtain wall products not be timeously delivered to the construction site, construction projects are likely to fall behind schedule with most relevant activities on curtain wall installation on a critical path. However, due-date uncertainty caused by a contractor’s lack of planning reliability causes the curtain wall production schedule to become complex and changes the due date after the initial order. In this regard, this study proposes a discrete event simulation-based dynamic scheduling model for curtain wall production to deliver products on time to the construction site by considering each construction project’s planning reliability. Through simulation experiments, the validity and effectiveness of the proposed model were tested. The results of this study will help the successful completion of construction projects by ensuring the progress of the curtain wall system construction and follow-up activities following the construction schedule.

Study of Excessive Bureaucracy in Construction Projects Causes of Low Level of Competition and Lengthy Tendering Process A Case Study of Afghanistan

Excessive bureaucracy has been one of the most challenging issue for infrastructure sector in many countries. Countries are different in terms of their institutional settings, organizational cultures and political balance, and therefore, Afghanistan infrastructure/construction sector is no exception. This phenomenon has negatively impacted the delivery of infrastructure projects and hindering the country to reach its strategic economic goals. There are national projects that have been delayed for several years and the average tendering duration, based on existing researches, is almost 3 times more than the normal practices. This research is aimed to identify major causes of excessive bureaucracy in infrastructure sector that influence the level of competition and tendering duration, and provide technical recommendations for improvements. To do so, 17 factors causing low level of competition and lengthy tendering process have been identified through literature review and interviews. The factors are categorized under two groups; causes of; 1) low level of competition and, 2) lengthy tendering process. A questionnaire was developed and distributed to 80 construction firms. As a result, a response rate of 40% was achieved. Relative importance index (RII) is used to analyze the survey result. The research findings indicate that the top 5 factors causing excessive bureaucracy in delivering infrastructure/construction projects in Afghanistan and causing low level of competition and lengthy tendering process are: 1) Using traditional methods of procurement instead of electronic system, 2) Lack of accountability by procuring entities, 3) Delay in payments to companies, 4) Slow decision – making by procuring entities and 5) Corruption during the project lifecycle (inception to completion). The outcome of this research will help the government to take necessary actions for eliminating unnecessary steps in the procurement of public infrastructure projects and ultimately improve project delivery. In addition, the research findings will help the construction companies to be fully aware of bureaucracy risks in the procurement process and develop necessary risk mitigation plan for the successful completion of construction projects.

THEORETICAL STUDY OF THE COST OF POOR RISK MANAGEMENT IN THE CONSTRUCTION INDUSTRY

This study examines previous literature on construction risk management with the specific aim of identifying the cost incurred for poor risk management implementation in construction projects. One of the salient ways risk can be curbed is at the cost level, and standardized bodies such as corporate or government has tried to formulate remedies for high project cost of risk management. Primary findings emanating from this work reveals that past and other underground empirical studies have identified a number of important causes for poor risk management. These include the costs of procurement of equipment; technologies and safety; storage of data; quality and training of labor; equipment replacements and staff re-buildings; and failure in administration amongst others. The method adopted in this study is based on the cross analysis of inferences from structured interviews with reference to existing theoretical literature, published research, and unpublished research. This work contributed to the identification and comparison of important cost factors which contribute to poor risk management, assessed the cost risks which militate against the successful completion of construction projects, and suggested various consolidated way outs like the maximizing of the employee’s skills, avoidance of over-insurance, customer priority and application of value-chain in decision support. This theoretical research will further help the stakeholders and contractors to fix time-based cost of management processes to the barest minimum.