Purpose Globally, road projects are notorious for riskiness, which often results in cost overruns. In developing countries, these risks are amplified by economic instabilities and institutional failures. Majority of road projects in these countries are awarded to notedly inept indigenous contractors. Currently, research on the relationship between risks and cost performance of road projects has predominantly focussed on the client’s perspective. Effects of risks on contractors’ cost performance (profit) are inadequately investigated in literature. The purpose of this paper is to determine the relationship between direct risks and cost performance of road projects by indigenous contractors of developing countries from the contractors’ perspective. Design/methodology/approach The multivariate structural equation modelling technique was used to analyse purposively obtained data from indigenous contractors that recently completed road projects in Nigeria. Findings It was observed that a significant positive relationship exists between the aggregate project risk, i.e. project risk index of cost (PRIC) and cost performance of the projects. Significant positive relationships were also found to exist between identified cost risk centres and PRIC and between risk factors and cost risk centres. The risk centre site environment and location contributes the most to PRIC. Research limitations/implications Indigenous contractors of developing countries are to analyse the identified risk factors and centres prior to bidding for road projects and carefully manage them during project execution. Originality/value Future studies of risks in road project should aim to obtain project risk indices of costs for the projects.

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Across the globe, the corollary of Green Cost Premium (GCP) obstructs the implementation of Sustainable Buildings (SB). Extensive studies into GCP proliferate, but the research norms rarely traversed theoretical contexts of GCP. The purpose of this paper was to explore the drivers of GCP from the contexts of the prevailing practice of SB using the theoretical lens of practice theory. Secondary literature comprising mainly peer-reviewed publications spanning 20years was critically reviewed. The results show some uncertainty regarding the effect of prevailing practice on the size of GCP due to the dearth of empirical studies. Secondary literature, however, showed that GCP is liable to variations in practice related to the level of knowledge and the implementation processes. The knowledge domain argued that the scope of GCP depends on regional issues including misperceptions, cost management deficiencies and sustainability accounting gaps. During implementation, GCP could also modify in response to changes in cost drivers, factors limiting innovative processes and challenges and barriers in the project environment. Engagements with practice have, however failed to embed this understanding into SB project implementation decisions and dynamics, as limited documented efforts aimed at mitigating the GCP exist. The paper offers a non-conventional perspective for assessing the dynamics of converging regional practices in SB that can contribute to GCP as well as lower the GCP when the practices are improved. GCP is susceptible to practice variations and answers to projects practices across regions. This portrays that the GCP can lessen through innovation of practice elements such as competencies and inputs (materials and procedures). The elements of scientific inquiry for GCP must be disconnected from currently established knowledge about SB systems to regional practices related to knowledge and procedures.

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