Bibliographic Details
| Title: |
Impact of Construction Project Failure on Key Project Stakeholders: Assessing the Perspectives of Professionals in Lagos Metropolis. |
| Authors: |
Lan, Roy1 roy.lan@my.utsa.edu, Adenuga, Olumide2 oadenuga@unilag.edu.ng, Awolusi, Ibukun1 ibukun.awolusi@utsa.edu |
| Source: |
Construction Economics & Building. Dec2025, Vol. 25 Issue 3/4, p90-120. 31p. |
| Subjects: |
Building failures, Stakeholder theory, Economic impact, Building design & construction, Cities & towns, Stakeholder analysis, Urban growth, Risk management in business |
| Geographic Terms: |
Lagos (Nigeria), Nigeria |
| Abstract: |
Construction project failures in rapidly developing urban environments can have far-reaching consequences across multiple stakeholder groups. This study examines the broad-ranging impacts of construction project failures in Lagos, Nigeria, focusing on clients, contractors, consultants, and the general public. Employing a mixed-methods approach, the research combines questionnaire data from construction professionals with in-depth interviews and thematic analysis. Quantitative techniques, including the relative severity index (RSI) and cluster analysis, complement qualitative insights. The results reveal that financial and economic impacts, particularly loss of revenue, cost escalation, and time overruns, are the most significant consequences. Clients emerge as the most severely affected stakeholder group, followed by the general public, contractors, and consultants, underscoring the broad societal implications of project failures. Cluster analysis uncovers distinct patterns in stakeholder perceptions, revealing how professional experience influences the perceived severity of project failures. Qualitative insights from interviews provide additional depth, illustrating the psychological toll on professionals andthe erosion of public trust in development initiatives. This research contributes to the field by providing a comprehensive, stakeholder-centric analysis of project failure impacts in a rapidly urbanizing context. It offers practical recommendations for policymakers, industry professionals, and urban planners, emphasizing the need for enhanced financial oversight, improved stakeholder engagement, and a shift toward a more collaborative industry culture. These insights are crucial for developing effective risk management strategies in dynamic urban environments like Lagos. [ABSTRACT FROM AUTHOR] |
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| Database: |
Engineering Source |