Assessment of risk management practices in power transmission projects: The case of Ethiopian Electric Power
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Date
2022-06
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Addis Ababa University
Abstract
In project management, Risk management is the practice of identifying, evaluating and preventing or mitigating risks to a project that have the potential to impact the desired
outcome. Risk management contributes to projects’ success to a wider range and ensures potential risks can be identified, mitigated and resolved within the given time frame.
Power transmission projects are projects that are undertaken under the power sector in order to achieve socio economic goal of a country. They serve as a mid-link between power
generation and power distribution systems. The purpose of this paper is to assess risk management practices in power transmission
projects of EEP (Ethiopian Electric Power). Online questionnaire was administered for a sample of 103 purposely selected employees
working in 16 different power line transmission projects that are currently under construction and near completion. A response rate of 78.3 % was obtained. The questions
covered risk management processes including risk identification, risk analysis, risk response and risk monitoring. The findings of the research showed that all of the processes are practiced at a moderate (neutral) level. Considering the high capital outlay and different risks associated with power transmission line projects, recommendations were made based on the findings showing where special attention should be given in order to enhance the risk management process.
Key words: Power transmission project, risk management process