Abstract:
The objective of this study is to investigate Risk Management Strategies that
could be used to minimize time and cost overruns currently experienced in
Botswana’s Public Sector Building Construction Industry. This is achieved by
identifying risk factors that cause time and cost overruns.
The main problem is divided into three sub-problems which form the basis of
the questionnaire. The three sub-problems are to:
· Identify the major risks associated with time and cost overruns in the
Botswana’s Public Sector Building Construction Industry.
· Evaluate how these risks impact on Botswana’s Public Sector Building
Construction Industry performance with regard to time and cost
overruns.
· Assess the applicability of risk management as a management
strategy that can be adopted in the management of time and cost
overruns experienced in Botswana’s Public Sector Building
Construction Industry.