Organizational Project Techniques and Performance of Real Estate Development Projects in Nairobi City County, Kenya
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Date
2022
Authors
Kariuki, Faith Muthoni
Journal Title
Journal ISSN
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Publisher
Kenyatta University
Abstract
The interest of project stakeholders is to have a favourable performance that benefits each individual. Most project managers aim to achieve higher performance in each project with a combination of diverse knowledge and skills that they have acquired from different areas. Most construction projects in Nairobi City County have performed poorly in relation to time and cost, this is according to most reports on the critique of unsuccessful construction projects. At least 70% of the projects in Nairobi have been noted to have been completed late and also affected by other challenges that hamper their performance. However, it is believed that higher performance in a project cannot be achieved without consideration of various organisational techniques such as communication, risk, procurement, human resource and project quality techniques. The purpose of this research was to learn more about the techniques used in real estate development projects and the rates of success associated with those methods. One of the main aims of this research was to analyse the impact of project management practices such project communication, risk management, quality management, procurement, and human resource management on the outcome of a real estate development in Nairobi County. The systems theory, the lean six sigma theory, and Hertzberg's two-factor theory are some of the key concepts that are explored in this article. Each of these hypotheses indicates how the efficiency of a project can be enhanced by paying close attention to the management of both the quality and the human resources at its disposal. The 67 real estate development enterprises that had already begun operations in Nairobi County by the time this study was conducted were included in the population of interest for the analysis. Participants originated from a variety of real estate enterprises situated within Nairobi County, and census sampling was used to recruit them for the study. 67 real estate project specialists in Nairobi City County provided responses to a predefined questionnaire for this descriptive quantitative study. It was a quantitative and descriptive in nature. Throughout data collection and analysis, the researcher was cognizant of a variety of ethical considerations. These considerations included those relating to the protection of the participants' right to privacy as well as the information they gave. As a result of the fact that its reliability, as judged by Cronbach's alpha, was established to be 0.70, the questionnaire was determined to be an appropriate instrument for this inquiry. The investigator was able to determine the mean, the standard deviation, and a variety of other inferential statistics that can explain the data with the assistance of the statistical software SPSS. Tables, graphs, and figures are what we used to lay out the information for everyone to see. It was found out that the strategies that were implemented for communication, risk management, project quality, procurement, and human resource management all had a substantial influence on the level of success that was witnessed in real estate development in Nairobi County. The various communication techniques, risk management, procurement, project quality, and human resource management all showed evidence of having favourable links with one another. Because of this, the success of real estate developments in Nairobi County is relied on a number of aspects, all of which are interconnected with one another in some way. It was suggested that the managers of real estate development projects in Nairobi County put into practise all five of the techniques that were uncovered during the course of the study in order to accomplish the most favourable outcomes.
Description
A Research Project Submitted to the School of Business, Economics and Tourism in Partial Fulfilment of the Requirements for the Award of Degree of Master of Business Administration (Project Management), Kenyatta University,November 2022
Keywords
Organizational Project Techniques, Real Estate Development Projects, Nairobi City County, Kenya