RISK MANAGEMENT PRACTICES AND IMPLEMENTATION OF LAST MILE CONNECTIVITY PROJECTS IN MACHAKOS COUNTY
Abstract
The key objective of this study was to determine the influence of project risk management practices on implementation of Last mile connectivity projects in Machakos County. The specific objectives included examining the influence of risk analysis and risk monitoring and control on implementation of Last mile connectivity projects in Machakos County by Rural Electrification and Renewable Energy Corporation (REREC), Kenya. The researcher did select each of the transformers randomly from four sub-counties of Machakos County, that is, Mavoko, Kathiani, Machakos town and Kangundo sub-counties. The study employed descriptive research design. Simple random sampling was used to select a representative sample from the target population for this research. The research data was gathered by use of structured questionnaires. The investigator analysed data using SPSS version 25. Descriptive statistics, which included means, standard deviation, percentages and frequency tables, and inferential statistics with multiple regression analysis was applied. Findings established that: there is a positive significant relationship between risk analysis and project implementation and project risk monitoring and control influence project implementation. This study intended to offer valuable pieces of information to power beneficiary communities, power utility firms, the Government of Kenya, students and academicians on the need to apply formal risk management practices for risk minimization and successful project implementation. There is need for further venture into risk control systems to make certain that they are effective enough to guarantee project success. Thus, there is a necessity to involve all stakeholders in determining the risks or costs of the risk impact within and outside the performing firm in cases of risks to ensure project success.
Key Words: Risk Analysis, Risk Monitoring and Control, Last Mile Connectivity
CITATION: Mutembete, I. W., & Yusuf, M. (2020). Risk management practices and implementation of last mile connectivity projects in Machakos County. The Strategic Journal of Business & Change Management, 7(4), 282 – 293.
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DOI: http://dx.doi.org/10.61426/sjbcm.v7i4.1789
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