Back to Article
Evaluation of the Incidences of Risk Occurrence and Severity in PPP-Procured Mass Housing Projects (PPP-MHPs) in Abuja, Nigeria
World Journal of Civil Engineering and Architecture
| Vol 2, Issue 1
Table 5. 01Table 5. Level of Severity of Risk Factors in PPPprocured Mass Housing Projects
| Risk Factors | Risk Severity | Std. Deviation | Rank | Asymp.Sig |
| Availability of Finance | 6.54 | 0.544 | 1 | 0.593 |
| High Finance cost | 6.22 | 0.54 | 2 | .000* |
| Corruption and lack of respect for Law | 6.03 | 0.408 | 3 | .000* |
| Wrong perception of housing need by low-income earners | 5.98 | 0.305 | 4 | 0.053 |
| Land acquisition and Site availability | 5.92 | 0.488 | 5 | 0.001* |
| Illegal Title to Land | 5.90 | 0.397 | 6 | 0.026 |
| Non-involvement of the host community | 5.90 | 0.567 | 7 | 0.001* |
| Poor execution of Housing Policies | 5.88 | 0.516 | 8 | .000* |
| Level of Demand for the mass housing projects | 5.83 | 0.458 | 9 | 0.317 |
| Inadequate experience in PPP | 5.79 | 0.512 | 10 | .000* |
| Inadequate distribution of responsibility and risks | 5.76 | 0.644 | 11 | .000* |
| Unstable Value of Local Currency | 5.68 | 0.566 | 12 | .000* |
| Lack of creditworthiness | 5.68 | 0.69 | 13 | 0.880 |
| Construction time delay | 5.62 | 0.511 | 14 | 0.001* |
| Lack of Commitment from Public/Private Partners | 5.60 | 0.623 | 15 | .000* |
| Risk regarding Pricing of Product/service | 5.57 | 0.682 | 16 | .000* |
| Force Majeure | 5.54 | 1.033 | 17 | .000* |