The applicability of risks management practices in Bid Evaluation on Common Funded Projects. A case study of Ho Municipal Assembly
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Date
2021-06-23
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Abstract
The effort of ensuring fairness in bid evaluation through effective risk management practices has
the tendency of improving project implementation of infrastructure delivery. The process prior to
actual construction of common funded projects for assemblies better improve when effective and
efficient applicability of risk management within bid evaluation processes are enhanced in
preventing the likelihood of potential risks occurrence that might impact on the overall common
funded projects for the assemblies. This study assesses applicability of risks management
practices in bid evaluation on common funded Projects. Ho Municipal Assembly was case of
study for which sample format comprises of Entity Tender Committee Members; Municipal
Project Engineers; Municipal Procurement officers; and selected D1K1D2K2 contractors from
the assembly. Sample size of the study was sixty (60). The data collected formed the main
analytical criteria based on questionnaires as instrument designed. Analytical framework for this
study was both non-parametric group analysis and one sample t-test. This is descriptive statistics
with purpose to obtain the mean and p-values and compared means. The analysis was done based
on response rate of 90% using a five-point Likert-scale(s) designed and coded using SPSS.
Results obtained were ranked accordingly for easy interpretation. From the study, it has been
found that in most common funded projects implemented and or under construction, bid
evaluation criteria often records contractors’ inability to provide adequate documentations; poor
technical and financial capacity; interference with bidding process by political class; poor health
& safety records; omissions of accurate figures among others. it was found that these has the
likelihood of causing risk namely technical risk; financial risk; political risk; relational risks and
work performance risk in the contract. Further recommendations including encouraging proper
documentations; compliance with preliminaries regulatory clearance and registration; adopting
effective risk management process prior, during and after contract will mitigates potential risks
with bid evaluation process among others were suggested to be included as part of project
management and the processes of bid evaluation for common funded project contracts.
Description
A thesis submitted to the Department of Construction Technology and Management,
Kwame Nkrumah University of Science and Technology, Kumasi in partial fulfillment of the requirements for the award degree of Master of Science in Project Management.
Keywords
Risk management, bid evaluation and funded projects