Project Management Drivers and Performance of Microfinance Institutions in Nairobi City County, Kenya

Abstract

Project achievement is evidenced and displayed by its results in the achievement of revenue, costs, quality of service, well-being and environmental sustainability. Any failure in a project is mostly related to performance issues and many logics and parameters that are attributed to such problems. The main objective of analysis sought to assess the impact of the project management operators to MFIs schemes in Nairobi. The aim in specific was to determine how the execution of projects affects training and development, capital, monitoring and assessment and stakeholder involvement. Max Weber theory concept, resource based theory concept, and hypothesis about resource mobilization were the theories that motivated the research. The descriptive analysis model is being followed in this investigation Sample size of the MFIs employed in Nairobi was 48 senior project director. Data was coded for analysis, organized and included in SPSS applications. Because SPSS version 22 is simple to understand when compared to other statistical technology. Descriptive statistics and statistical inferences were made. Specific descriptive data included frequencies and percentages, whereas inferential statistics integrated a multiple model of regression. Specially in tables and diagram generation Microsoft excels for SPSS supplementation. The study found that preparation and creation, asset planning, project management and stakeholder engagement had a +ve and significant impact the scheme results. The study found that most employees in the company were involved in the execution of the schemes. The study also disclosed that the utmost of interviewees are trained in the implementation of the project in the institution. The report also confirmed that all workers were provided with scholarship and funding for the execution of the plan. The result proposed that an organization should be trained by its employees to ensure the long-term performance of its expertise. The staff will also be trained to help the company increase the benefits of enterprise, program and portfolio management programs. In addition, competent personnel guarantee faster project implementation, as they understand the function to be performed.