• 2025-10-31
• J.H. Usman, A.A. Alabi, C.O. Unegbu
• Volume 1, Issue 2

Abstract

Road construction in Nigeria drives economic growth but faces risks such as delays and substandard quality, requiring context-specific risk management. This study assesses risk management practices in urban road projects within the Federal Capital Territory (FCT) under the Federal Roads Maintenance Agency (FERMA). Key risks were identified, their impacts analyzed, and mitigation strategies proposed. Using a survey of project managers, engineers, and contractors, data was analyzed via the Relative Importance Index (RII), highlighting price fluctuations and market uncertainties as the top risks, alongside critical technical, financial, and legal issues. Pearson’s correlation revealed that poor soil recognition and misaligned construction choices were the most significant technical risks, while inadequate cost planning and failure to control costs were major financial risks. The findings emphasize early risk identification and targeted mitigation to enhance project efficiency, reduce delays, and limit cost overruns. This study advances understanding of construction risk management in Nigeria, offering actionable insights for FERMA and other stakeholders to improve decision-making and project delivery.

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