Impact of Project Risk Management and Leadership Development on the Project Success with Moderating Role of Risk Manager

Ahmad, Usman; Hussain, Muhammad Mustafa; Khan, Azam Anwar; Huraira, Abu

doi:10.26710/jbsee.v8i2.2316

Cited by 1 publication

(2 citation statements)

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“…Project risk management is recognized to be of vital importance as it significantly affects the project success rate (Ahmad, Hussain, Khan, & Huraira, 2022;Senses & Kumral, 2023). The key to any mining project's success is the identification and control of the risks (Banda, 2023).…”

Section: Introductionmentioning

confidence: 99%

“…However, many a times, projects fail to keep up with the planned schedules and budgeted costs to meet their goals (Shafiuddin et al, 2022;Safaeian, Fathollahi-Fard, Kabirifar, Yazdani, & Shapouri, 2022). The existing literature suggests that there is a consensus between academia and industry that project risk management is critical to project success (Aramali, Sanboskani, Gibson Jr, El Asmar, & Cho, 2022;Ahmad et al, 2022). However, the link between project risk management and project performance is rarely addressed in the existing literature (Jahan et al, 2022).…”

Section: Introductionmentioning

confidence: 99%

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Risk Management Practices and Performance of Mining Projects in Kwale County, Kenya

MUTHUI,

KISING’U, PhD

2024

strategicjournals.com

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The purpose of this research was to examine the influence of risk management practices on the performance of mining projects in Kwale County, Kenya. Specifically, the research examined the influence of risk identification practice and risk analysis practice on the performance of mining projects in Kwale County, Kenya. The theoretical framework consisted of the enterprise risk management theory, systems theory, contingency theory and complexity theory. Drawing on the positivist research philosophy, the research utilized the quantitative non-experimental research methodology. The research employed the correlational cross-sectional survey design for testing noncausal relationships among variables. The proportionate stratified random sampling technique was used to select a sample size of 128 project management staff from a target population of 188 project management staff in charge of the mining projects of the 7 mining companies in Kwale County, Kenya. A pilot study was conducted to test the validity and reliability of the constructed survey questionnaire. A self-administered structured questionnaires was used to collect primary data. The research utilized the cross-sectional survey-based approach. Through the drop and pick method, the survey questionnaires were hand delivered to the project management staff of the mining companies. The collected data was processed and entered into the statistical package for social sciences (SPSS) version 26 to create a data sheet used for statistical analysis. The Pearson's correlation results indicated that risk identification practice and risk analysis practice had positive and significant relationship with performance of mining projects in Kwale County, Kenya. The multiple regression results showed that risk identification practice and risk analysis practice had positive and significant influence on performance of mining projects in Kwale County, Kenya. The mining project managers should recognize the importance of risk management practices and apply them to their projects to minimize risks for successful projects in the mining industry. The policy makers should initiate policy review to motivate project managers recognize the importance of risk management practices.

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Section: Introductionmentioning

confidence: 99%