RISK MANAGEMENT AND TEAM COMMUNICATION TOWARDS PROJECT SUCCESS IN THE CONSTRUCTION INDUSTRY OF PAKISTAN

Abstract

The research examined the role of project risk management (PRM) and team communication on project success in Pakistan's construction industry and the mediating role of top management support (TMS). 197 responses have been collected from the stakeholders of construction projects and questionnaire survey was employed as the data collection method, while PLS-SEM approach was used for data analysis. The finding revealed that PRM positively and significantly affects project success. Similarly, team communication has a positive and significant effect on project success. Also, the study found that TMS positively and significantly moderates the relationship between PRM and project success. However, the study suggested that construction firms should increase project success by addressing risk management failure and inadequate communication among the project delivery team. In addition, it states that the top management fully backs such efforts to ensure that they are most effective and successful, making management involvement supportive of any project's success.