Name:Hamad Saleh Mofleh Ali ALshehhi
Email :H.S.Alshehhi@outlook.com
Universiti Kebangsaan Malaysia (UKM) Institute of Islam Hadhari
supervisors Name :Roziah Sidik @ Mat Sidek
Email:roziah@ukm.edu.my
Name : Ermy Azziaty Rozali
Email: ermy@ukm.edu.my
“The impact of risk management on the performance of construction projects”
:Abstract
This study examines the influence of risk management on construction project performance, highlighting the essential function of organized risk management methods in improving project results. The research examines diverse risk management strategies, such as qualitative, quantitative, integrated, and agile approaches, and evaluates their efficacy in budget control, stakeholder satisfaction, and compliance with project timelines. Data was gathered via surveys and interviews with construction experts, and the results indicate that good risk management
substantially mitigates financial risks, reduces delays, and enhances overall project quality. The study emphasizes
prevalent hazards encountered in construction projects, including financial uncertainties, labor shortages, supply chain interruptions, safety issues, and unexpected delays, along with methods for their mitigation via proactive risk management measures. The findings demonstrate that firms utilizing comprehensive risk management frameworks are more likely to attain project success and improve stakeholder satisfaction.
Keywords: Risk management, construction projects, financial risks, labor risks, project performance, cost control
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