Resource Management Practices and Performance of Commercial Housing Projects in Nairobi City County, Kenya
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Housing projects have gained a lot of attention in almost every country both industrialized and developing economies. This is because it is one of the basic human needs and a source of income to the housing developers. It is one of the big four agenda to the current government of the republic of Kenya. However, many commercial housing projects in Kenya are facing performance challenges in the sense that some projects remain stalled; others get completed late beyond the planned time, reduced scope while others collapse because of poor quality. The research study aimed to find out the effects of resource management practices on the performance of commercial housing projects in Nairobi City County, Kenya. Particularly the study aimed to establish the effect of human resource management, financial management and material management on the performance of commercial housing projects in Nairobi City County, Kenya. The survey made use of descriptive research design. It targeted a population of forty commercial housing projects within Nairobi City County, Kenya completed between the years 2017 and 2020. The respondents were top housing projects managers (engineers, contractors and quantity surveyors), housing projects supervisors and housing projects owners in these selected projects. Since the 40 completed commercial housing projects distributed in four sub counties in Nairobi being targeted are manageable, a census was conducted. Contingency theory, theory of constraints and resource based theory were used as the study theories. Collected data was analyzed using both descriptive and inferential statistics. Results were presented using tables and graphs. On the human resource management this study recommends that commercial housing projects in Nairobi City County should match their human resource management strategies with dynamic environment in order to achieve projects which are completed within scope, completed within budget, completed within time and achieve quality of the houses. On financial resource management, the study recommends that Nairobi county management needs to adhere to financial resource management practices as it enhance performance of commercial housing projects. It is therefore recommended that the county should carry out financial resource management in the manner that is approved by the IFRS. On material resource management, the survey makes a recommendation that there should be a centralized material management team co-ordination between the site and the county Project management. The study drew conclusion that human resource management practices have a notable positive level of association on commercial housing projects performance in Nairobi City County, Kenya. Based on the outcomes of the research study, it can be concluded that financial resource management has a bigger influence on commercial housing projects’ performance in Nairobi City County, Kenya. This study further concluded that managing of all material resources from the material planning, material ordering and material controlling stage has a positive impact on performance of commercial housing projects. The study has a suggestion that further research should be done to find out the effects of other project management practices on performance of commercial housing projects.