Pamela Akinyi Oyieyo, Charles M Rambo and Anne Ndiritu
Due to its perceived success, Public Private Partnership (PPP) is accepted and recommended worldwide as a tool for efficient, transparent and effective strategy which guaranteed value for money for public sector projects which had previously known persistent and consistent failure leading to disappointments. The purpose of the study was to investigate the influence of construction risks on completion of PPP projects. The objective of this research was to investigate the influence of construction risks on completion of Public Private Partnership projects. The study tested the null hypothesis that: Construction risks do not significantly influence the completion of Public Private Partnership Project in Kenya. The study adopted descriptive survey design and targeted the entire management of Sondu-Miriu Hydroelectric Power project totaling 85 obtained from the contracting parties where a sample of 71 was selected through proportionate sampling. Questionnaires and interview schedules were used for data collection while Cronbach Alpha was used as a measure of reliability and established that the overall questionnaire reliability was α=0.753. Quantitative and qualitative techniques were used in data analysis where multiple regression analysis was used to establish the relationship between the variables. The study found a response return rate of 39/71 (54.93%) where 64.1% had worked for at least 3 years in their respective organizations, 61.5%) were graduates and majority of the study participants 28 (71.8%) had engineering training. The study concludes that: construction risks: construction time overrun, construction cost overrun and labor related risks significantly influence completion of construction PPPP projects such that as construction risks increase, completion of PPP projects decline. The study recommends that the Government, as the key employer in PPPs should design and implement effective policies that will minimize if not eliminate construction time overrun, cost overrun and labor related risks.
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