EFFECT OF RISK ANALYSIS ON PERFORMANCE OF CONSTRUCTION PROJECTS IN KUWAIT

Abstract

Since construction projects are usually associated with high range of risks, risk analysis is an essential part within the decision-making processes in this industry. This study aims at finding the effect of appropriate risk analysis on enhancing the performance of the construction projects in Kuwait. Through this correlational descriptive study, a questionnaire was used to collect the main data where it was distributed on a sample of (150) engineers working in the construction projects in Kuwait. The results showed that risks analysis aspects are highly implemented in Kuwait and that the performance indices for the construction projects are high. Moreover, it was found that there is a statistically significant positive effect of risk analysis on the performance of the construction projects in Kuwait. Finally, the results showed that there were statistically significant differences in the effect of risk analysis on the performance of the construction projects attributed to the project type in favor of the private projects.