Risk management practices of construction projects in the mining sector

dc.contributor.authorAmoako, Steve
dc.contributor.author
dc.date.accessioned2021-06-28T10:17:31Z
dc.date.accessioned2023-04-19T04:03:25Z
dc.date.available2021-06-28T10:17:31Z
dc.date.available2023-04-19T04:03:25Z
dc.date.issued2021-06-28
dc.descriptionA thesis submitted to the Department of Construction Technology and Management, Kwame Nkrumah University of Science and Technology, Kumasi in partial fulfillment of the requirement for the Award Degree of Master of Science in Project Management. en_US
dc.description.abstractIn Ghana the importance of mining in the economy cannot be underestimated. Mining, especially gold mining, started several centuries before the arrival of the white man and during the colonial period the country was named “Gold Coast” to reflect such an importance. The aim of this thesis is to explore risk management practices of construction projects in the mining sector with three objectives being: To establish the critical risk factors associated with construction projects in the mining sector; To ascertain the risk mitigating factors attendant with construction projects in the mining sector; and to explore risk management practices of construction projects in the mining sector. Quantitative research method was adopted in which survey questionnaires were administered to respondents to gather primary data. Descriptive and Inferential analysis was conducted. Descriptive tools included standard deviation, mean scores, percentages and frequencies. One-Sample T-test and Relative Important Index was the inferential analytical techniques that were adopted. The findings of the research indicated that: Unavailability and accuracy of preliminary geo-scientific information; Instability of foreign currency exchange rate; High Inflation rate; Unstable and unpredictable fiscal regime; and fraud were critical risk factors associated with construction projects in the mining sector. It was recommended that construction project risk management stakeholders in mining industry ensures regular review and updating of risk management systems. Moreover, mining companies should take creative and innovative approaches to access new talents through training and education programs and retain existing skilled workersen_US
dc.description.sponsorshipKNUSTen_US
dc.identifier.urihttps://ir.knust.edu.gh/handle/123456789/14158
dc.language.isoen_USen_US
dc.subjectRisk managementen_US
dc.subjectRisk Management Practicesen_US
dc.subjectConstruction Projecten_US
dc.subjectMining Sectoren_US
dc.titleRisk management practices of construction projects in the mining sectoren_US
dc.typeThesisen_US
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