Influence of Project Organizational Risk Management Policy on Performance of Mombasa County Government Projects, Kenya

Abstract

The main objective of this study was to investigate the Influence of project organizational risk management policy on performance of Mombasa County Government projects. The findings showed that the respondents were in agreement that risk attitude mean of 3.9714 and risk communication mean of 3.8619 can enhance project performance.  The findings also showed that both were reliable with coefficient of 0.799 and 0,826 which exceed the proposed threshold of 0.70. According to the findings, there are positive average relationships between attitude and both measures of performance with correlation coefficients of 0.405 and 0.423 respectively. The relationships are also significant at 5% level of significance (since the p value is less than 0.05).Correlation analysis was used to measure the strength of the relationship between the measures of project organizational risk management policy and performance. The findings show that there are positive average relationships between risk attitude and both measures of performance with correlation coefficients of 0.405 and 0.423 respectively. The relationships are also significant at 5% level of significance (since the p value is less than 0.05). There were weak positive relationships between risk communication and both measures of performance with correlation coefficients of 0.277 and 0.263 respectively. However, the relationships were significant at 5% level of significance. From the findings project organizational risk management policy has a positive influence on performance of Mombasa county government projects. The study therefore recommends that, the personnel in charge of policy formulation in Mombasa County Government should incorporate project risk management in their policies this will enable them manage project risks. Policies should address risk communication, risk attitude and risk culture of the project team members. Communication plays an important role in risk mitigation. It provides opportunities for clarification; for making sense of the organization's progress, and thus members should be given ample time to discuss how to improve the organization and the influence of using different risk mitigation strategies. Mombasa County government project team should view risk management as an inherent part of decision making and mot just a reporting tool .This will help the project team members to change their attitude from being risk averse to risk tolerant.