Risk Management Strategies and Performance of Infrastructure Projects: Case of Zaria Court, Kigali, Rwanda

Desire Murindabigwi & Naomi Njoroge N.
Mount Kenya University
https://orcid.org/0009-0006-3122-1991
Email: murindadesire@gmail.com/ ndutanjoroge600@gmail.com

Abstract: The purpose of this study was to examine how risk management strategies affected the timeliness and quality of the Zaria Court building project in Kigali, Rwanda. Stratified random sampling with Slovin’s method yielded a sample size of 128 from a population of 188 project workers. Interviews and structured questionnaires were used to gather data, which was then analyzed using theme analysis for qualitative replies and SPSS for quantitative data. All four risk management techniques had a favorable and statistically significant influence on the final product. R² = 0.703, p < 0.001 in the regression analysis demonstrated that the model accounted for 70.3% of the variation in project performance. To be more precise, project performance was significantly impacted by project risk identification (β = 0.301, t = 2.89, p = 0.032). The strategy for managing risks was also shown to be significant (β = 0.215, t = 1.73, p < 0.001), as was the control and monitoring of risks (β = 0.361, t = 1.89, p = 0.007). Furthermore, project performance was greatly affected by contingency planning (β = 0.321, t = 1.91, p < 0.001). The research concludes that effective risk management measures are crucial for infrastructure projects to be completed successfully. From these findings, project stakeholders should establish ongoing training programs to improve their risk identification and monitoring abilities, set aside enough funds for dynamic risk management planning, improve communication channels to disseminate risk information quickly, and update and test backup plans frequently using simulations and stakeholder input.