• ISHIMWE Gift
• Dr. Naomi NJOROGE, PhD

Background: Rwanda's Vision 2050 seeks to advance equitable and sustainable growth to turn the nation into a high-income economy. Due to its substantial contributions to economic growth, urbanization, and infrastructure development, the construction industry is essential to achieving this goal. In particular, the construction sector in Rwanda is prepared to spearhead this change by implementing new procedures, upholding strict quality controls, and embracing sustainable building techniques. This research aimed to examine the influence of Risk Management Practices on the Performance of road construction Projects: Using New Product Developer Ltd Road Construction Projects in Rwanda as the case study. The theories through which this study was bounded were risk management theory, contingency theory and stakeholder theory. Four specific objectives guided the study: To determine the influence of risk identification on the performance of New Product Developer Ltd road construction projects in Rwanda, To examine the influence of risk analysis practices on the performance of New Product Developer Ltd road construction projects in Rwanda, and To determine the influence of risk mitigation practices on performance of New Product Developer Ltd road construction projects in Rwanda. Methods and Material: A descriptive survey design with a mixed approach of both qualitative and quantitative methods was used to collect data. Qualitative data were collected from the study key informants using an interview guide while quantitative data from the rest of the respondents were collected through questionnaires. The reliability of the questionnaire was tested by the test-retest method, and the validity of the tools was tested by the use of the university supervisor and peer review from the university colleagues pursuing master’s degree. The research used Slovin’s formula to calculate the sample size of 115 respondents, adopting both purposive and stratified simple random sampling methods, from the target population of 160 New Product Developer Ltd staff and stakeholders. The quantitative data were analyzed using SPSS software version 25 and MS Excel 2016 for descriptive and correlation analysis. The qualitative data were collected by use of the interview method and responses were analyzed with the use of thematic analysis that required the researcher to present the qualitative results in narratives. Results: The study findings reveal that risk identification, risk analysis, and risk mitigation significantly enhance the performance of NPD road construction projects in Rwanda. Risk identification practices demonstrated a strong positive influence, with a mean score of 4.492 and a Pearson correlation of 0.644 with environmental compliance, 0.755 with budget adherence, and 0.631 with schedule variance. Risk analysis also showed robust support, evidenced by a mean score of 4.610, and significant correlations with key performance indicators (r = 0.590 for environmental compliance, r = 0.685 for budget adherence, and r = 0.669 for schedule variance). Risk mitigation strategies achieved an overall mean score of 4.616, with significant correlations of 0.711 with environmental compliance, 0.795 with budget adherence, and 0.689 with schedule variance. Conclusion: The study concludes that effective risk management practices play a critical role in ensuring project success by facilitating compliance with regulations, maintaining budget control, and ensuring timely project completion.

Risk Management Practices, performance, road construction projects, New Product Developer Rwanda.

"Risk Management Practices and Performance of Road Construction Projects in New Product Developer Ltd, Rwanda.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 10, page no.g341-g356, October-2024, Available :http://www.jetir.org/papers/JETIR2410643.pdf

"Risk Management Practices and Performance of Road Construction Projects in New Product Developer Ltd, Rwanda.", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 10, page no. ppg341-g356, October-2024, Available at : http://www.jetir.org/papers/JETIR2410643.pdf