Assessment of Risk Management Practice on Project Success: A Case of Ethiopian Heritage Authority Built Heritage Conservation Projects BY

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Date

2024-09

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Addis Ababa University

Abstract

Effective risk management is essential for the success of built heritage conservation projects.This study aims to assess the role of project risk management in the success of these projects, with a specific focus on the Ethiopian Heritage Authority (EHA). Key processes in project riskmanagement are examined, including risk planning, risk identification, risk assessment, risk response, and risk monitoring and control. The target population comprised 50 experts directlyinvolved in EHA’s built heritage conservation projects, with responses collected from 44 participants. The research methodology employed case studies and a census approach within across-sectional study framework. Data were analyzed quantitatively using descriptive statistics and SPSS software version 29. The findings reveal a positive correlation between project successand all aspects of project risk management. The results indicate that comprehensive risk management practices are vital to the success of heritage conservation projects. It isrecommended that substantial attention be given to risk management, as it is a key determinant of project success.

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Keywords

Effective risk management

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