INFLUENCE OF PROJECT MANAGEMENT COMPONENTS ON EFFECTIVE COMPLETION OF CONSTRUCTION PROJECTS FUNDED BY THE COUNTY GOVERNMENT OF THARAKA NITHI, KENYA
Abstract
The main objective of this study was to determine the influence of project management components on effective completion of construction projects funded by the County Government of Tharaka Nithi. A descriptive research design was adopted. The study targeted 174 project managers of construction projects implemented and funded by the County Government of Tharaka Nithi. From the targeted population, the study sampled 121 respondents. The study used primary data, which was collected using structured questionnaires. Descriptive and inferential analysis was done by the use of Statistical Package for Social Sciences (SPSS 24) and presented through percentages, means, standard deviations and frequencies. Both descriptive and inferential statistics showed that all predictor variables; project risk management, project planning, project fund management and monitoring significantly influenced effective completion of projects funded by the Tharaka Nith County Government. The study concluded that effective systematic application of project risk management policies, processes and procedures ensures effective completion of projects funded by County Governments. Secondly, project planning initiatives make the County Government project managers more responsive in effective completion of projects funded by County Governments. Thirdly, continuous assessment of county development project implementation plus periodic assessment of a project's relevance in relation to the project objectives influences effective completion of projects funded by County Governments. The study recommended that officers should engage in effective systematic application of project risk management policies, processes and procedures to the tasks of establishing the context, identifying, analyzing, assessing, monitoring and communicating risks so as to ensure effective completion of projects funded by County Governments. Project management officers should employ efficient project planning initiatives to make county project managers more responsive. There must also be effective continuous assessment of County development project implementation by project beneficiaries. Lastly, officers involved in project oversight functions should have viable project accounting strategies.
Key Words: Project Risk Management, Project Planning, Project Monitoring, Project Fund Management, Construction Projects
CITATION Nyaga, A. K., & Otinga, H. (2020). Influence of project management components on effective completion of construction projects funded by the County Government of Tharaka Nithi, Kenya. The Strategic Journal of Business & Change Management, 7(3), 631 – 550.
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DOI: http://dx.doi.org/10.61426/sjbcm.v7i3.1699
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