Impact of Project Risk Management and Leadership Development on the Project Success with Moderating Role of Risk Manager

Abstract

Purpose:This article evaluates the impact of project risk management (PRM) and leadership development (LD) on the project success (PS). The aim of the study is to investigate the linkage between PRM and PS, to study the relationship between LD and PS. To evaluate the moderating effect of Risk Manager on relationship between PRM and PS; and between LD and PS. Design/Methodology/Approach:The study was intended to understand the relationship of LD and PRM with PS in the overall setting of different construction projects in Karachi and surroundings. The research was carried out adopting a quantitative method using the deductive approach, by using statistical techniques to identify the casual relationship between variables. The data was collected through survey questionnaires. Findings:Our research results empirically support the hypothesized relationship between PRM and PS. Significant correlation was found between LD and PS at tow-tailed level with a value of .542** at p= .000 indicating high level of significance. Implications/Originality/Value:This research was conducted in and around Karachi city on the construction projects from public and private sector. The future research may be conducted with the same variables on all types of projects of Pakistan for generalizability of results.