STRATEGIC INFLUENCE OF PROJECT MANAGEMENT ON PERFORMANCE OF SELECTED CONSTRUCTION INDUSTRY IN DELTA STATE, NIGERIA
DOI:
https://doi.org/10.51594/ijmer.v5i9.564Abstract
The study investigated the effect of project management on organizational performance of selected construction companies in Delta State, Nigeria. The specific objectives of this study were to provide evidence on the effects of monitoring and evaluation (M & E) on organizational performance and to ascertain the influence of risk management on organizational performance. Three construction firms located in Asaba metropolis of Delta State were selected. The study relied on primary data which were obtained using structured questionnaire administered to 169 purposively selected respondents of the construction firms. The data collected were analyzed using Analysis of Variance (ANOVA) and correlation analysis in pursuance of the stated specific objectives of the study. The result showed that monitoring and evaluation and risk management have significant effects on organizational performance of the selected construction firms. The study concluded that M&E in particular has a good and significant impact on organizational performance (OP). As a result, construction firms should keep up with and grow strategic channels of project delivery to ramp up on performance. The study recommended that project management practices should be applied systematically to the project cycle from initiation to the close out stage of projects among others
Keywords: Business Intelligence, Profitability, Operational Performance, Level of Competition, Project Performance.
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Copyright (c) 2023 EKAKITIE-EMONENA, SUNNY (Ph.D.), ODIURHO, JONAH ITOJE
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