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THE INFLUENCE OF RISK MANAGEMENT PROCESS ON CONSTRUCTION PROJECT PERFORMANCE IN YEMEN
This quantitative research in Yemen examines the critical relationship between a proactive risk management procedure and construction project performance. Partial Least-Squares Structural Equation Modeling (PLS-SEM), with SmartPLS 4 software, was employed to analyze data collected from 171 construction experts through various levels. The study investigates the impact of key various components in the proactive risk management process, that involve early identification, analysis, response, and monitoring. The findings demonstrate that effective risk management strategies have a significant beneficial influence on project performance outcomes. Notably, the research indicates early mitigation efforts as the most effective component. These findings lead into practical guidance for Yemeni construction professionals. By implementing a proactive risk management strategy with SmartPLS 4-supported PLS-SEM analysis, organizations may improve decision-making processes, probably leading to enhanced project performance through educed delays, cost overruns, and safety incidents. Ultimately, the research contributes support Yemeni construction risk management practices, providing significant details for stakeholders aiming for ways to enhance project performance outcomes.
30007385 | 7385 | RLC MM (Rak Tesis) | Available |
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