The implementation of risk management strategies in joint venture building projects to investigate the challenges faced during the implementation of risk management strategies in joint venture  in building projects and collective measures that can be used to attain successful implementation of risk management strategies in joint venture building projects in Tanzania. The reasons behind this  joint venture termination, training programs, carrying out clear meetings, change of terms and conditions of Joint Venture (JV), and direct judgment using experience can be used in implementing and risk retention, reduction, avoidance, insurance and sharing as risk management strategies.

Moreover, poor communication, conflicts among members, and poor cooperation were revealed as major challenges during the implementation of risk management strategies. During investigation they suggests that effective communication among members, increasing team cooperation, and training programs can assist in attaining successful implementation of risk management strategies.