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de Lima, Kelly Cabral Pereira (2020) Evaluation of Risk Management Practices in the Tendering Process within the Construction Industry in Mozambique. Masters thesis, Dublin, National College of Ireland.
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Abstract
Risk management is one of the nine areas of project management introduced by the Project Management Institute (2013).
Risk management is a combination of techniques to identify, analyse, evaluate, respond and control risks. Thus, the knowledge of risk management techniques enable companies to achieve their goals, improve success rates and enjoy financial savings by managing risk more efficiently. Moreover, risk management is described as being associated with construction project success in terms of three major aspects such as project cost, time and quality.
For this aim, this study aims to understand how risks are managed in the tendering process in the construction industry in Mozambique.
10 senior managers from seven construction companies operating in Mozambique were interviewed, and 47 respondents who directly work in Commercial/Tender Departments in Construction Companies participated in the online survey.
The companies selected have in their portfolios a wide variety of projects such as buildings, roads, bridges, railways, tunnels, water supply, sewers, telecommunications and electrical infrastructures, and so on.
The findings show that risk management practices applied by the construction firms in the tendering process in Mozambique, slightly differ from the risk management theories studied in this research paper. Some of these companies follow their own practices and stabilised routines. Others affirmed that they never considered risk costs while tendering for a project, even though some scholars believe that risks are one of the most significant expenses of a construction project.
Keywords: Construction, tendering process, risk, risk management.
| Item Type: | Thesis (Masters) |
|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management H Social Sciences > HD Industries. Land use. Labor > Specific Industries > Construction Industry |
| Divisions: | School of Business > Master of Science in Management |
| Depositing User: | Dan English |
| Date Deposited: | 04 Feb 2021 12:18 |
| Last Modified: | 04 Feb 2021 12:18 |
| URI: | https://norma.ncirl.ie/id/eprint/4654 |
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