The Impact of Risk Management Strategies on Road Transportation Projects Performance in Lagos, Nigeria

The persistent underperformance of road transportation projects in Lagos, Nigeria has led to reduced operational efficiency, poor project outcomes, and compromised safety. Although risk management frameworks are globally institutionalized, their implementation in Lagos remains fragmented and predominantly reactive. This study examines the relationship between risk management strategies and project performance outcome in Lagos, using a mixed-method approach. Quantitative data were collected from 197 key stakeholders, including contractors, consultants, engineers and community representatives. The findings highlight the lack of standardized risk management frameworks and scope deficiencies, limited stakeholder engagement, and low adoption of advanced technologies. To address these challenges, the study recommends the institutionalization of an enforceable risk governance framework and implementation of mandatory risk assessments for all road projects exceeding one billion naira. These measures will enhance transparency, accountability, and infrastructure performance in Lagos.