Abstract
This report is on the investigation of risk management practices at RA of Malawi on maintenance projects whose successful delivery influences the road network condition. The condition of the designated public road network is rated poor (Roads Authority Five Year Strategic and Business Plan , 2011-2016, p. 4) .
The research is a requirement for the award of a Master of Science Degree in Project Management.
The structure of the report covers the introduction to the research topic, its aim, significance of the study, literature review, research plan and methods, data collection and analysis, discussion of findings; and conclusion and recommendations.
The research was conducted from mixed philosophies of positivism and interpretivism, however, leaned largely toward positivism.
The research found out that there had been no clearly written down Risk Management Policy although there were a number of properly laid down procedures in dealing with a number of activities which in a way mitigates against risk. The report also found out that there was laxity in the implementation and adherence to set procedures and that staff were not fully oriented on their appointment regarding conditions of service, risk management policy among others which affected the delivery of organization goals.
The report has therefore recommended a quick process toward ratifying and adopting a Risk Management Policy, review some procedures, emphasize on the need to follow procedures and create an office dedicated to risk management.