Title: The Impact of Project Risk Status Meetings on Project Success in Construction Projects in United States
Authors: Kennedy Christopher Obondi
Volume: 9
Issue: 3
Pages: 136-147
Publication Date: 2025/03/28
Abstract:
The lack of project risk status meetings is a major contributor to poor performance in a construction project. Construction companies experience significant losses because their project managers do not adequately conduct project risk status meetings to review, manage, monitor and control risks in the construction projects that they oversee. A lack of project risk status meetings problem exists because many project stakeholders and team members see project meetings as a waste of time. This quantitative study examined whether the utilization of risk status meetings was related to project success in construction projects in the United States. An electronic survey instrument was used to collect data from a sample of 50 construction project managers in the Dallas-Fort Worth area in the state of Texas, in the United States. Spearman rho correlational analysis was used to examine the relationship between project risk status meetings and project success. The results of this study indicated that there was a positive and significant association between risk status meetings and project success in terms of schedule performance (rho = .57, p = .001), cost performance (rho = .51, p = .001), customer satisfaction (rho = .68, p = .001), and business success (rho = .60, p = .001). One of the recommendations presented in this study was that, apart from the construction industry, future research should focus on the influence of project risk status meetings in project performance in other industries such as agriculture, healthcare, research and development (R&D), and education. The study concluded that construction organizations should regularly give special attention to the importance and usage of project risk status meetings to improve the success rate of a project.