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Worldwide countries are striving to meet demands for water and power, which have been estimated as likely to increase at a rate of 7% per annum over the coming decade. Water and power plant projects following the IWPP (independent water and power plant) approach have typically involved a plethora of risks. Since about 75% of the IWPP projects in SA (Saudi Arabia) have failed to meet specified objectives, effective RM (risk management) implementation is key to the success of any public and private project. Practitioners have related their experience about RM in IWPP projects in SA through semi-structured interviews, and analyzed these through the grounded theory approach to identify the elements leading to ineffectiveness when implementing RM in IWPP projects in SA. This study gathers and collates data to present findings in a propositional diagram that is fully grounded, based on practitioners' experiences that extend to the ineffectiveness of implementing RM in water and power projects, specifically in IWPP projects in SA. Findings indicate that IWPP parties have implemented RM in an informal way. In addition, there is a general lack of RM knowledge in the SA water and power industry. The paper concludes with an emergent diagram illustrating major phenomena, categories and subcategories affecting the implementation of RM in IWPP projects in SA.

Devising an Organized Procedure for Effective Risk Management in Independent Water and Power Plant Projects in Saudi Arabia