The research was designed to be used with the covariance-based structural equation model. The construct
reliability (CR) values were 0.850 for natural risks, 0.880 for design risks, 0.890 for resource risks, 0.920 for
financial risks, 0.880 for legal and regulation risks, 0.860 for construction risks, and 0.900 for project success, all
well beyond the treshold of 0.70. Structural Equation Modeling examines a series of dependence relationships
simultaneously. The structural equation model has two components, a measurement model and a structural model.
When a CFA model fits and displays construct validity, the measurement theory is supported. A feasible model
should be selected based on the recommended Goodness of Fit (GOF) that measure indicating how well a specified model reproduces the covariance matrix among the indicator variables.