Date of Publication :28th February 2023

Abstract: The construction projects represent the basic framework for the process of economic and social development in any country because it is linked to all economic sectors, where the success of development plans depends primarily on the success of these projects. However, it faces many challenges and financial and non-financial risks that impede its success, especially in developing countries that suffer from political and economic instability such as Libya. Therefore, the current research seeks to explore the effect of assessment of risks (RMP-RA) on the project performance of Libyan construction. A survey of construction companies' directors was undertaken in Libya and a total of 250 useable questionnaires were received for empirical research for the suggested model, utilizing a structural-equation model (Smart-PLS). The findings from this research revealed that RMP-RA has effects with positive and significant on the performance of Libyan construction projects. According to this study, RA has been identified as the most critical resource and capability that can assist construction firms in fostering its projects' performance in Libya. It has made a significant contribution by increasing awareness of the effect of RMP-RA on construction projects' performance.

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