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effect of the involvement of key stakeholders on the success of the project
| Institution | Kisii National Polytechnic |
| Course | Business |
| Year | 3rd Year |
| Semester | Unknown |
| Posted By | MAKORI KERECHA |
| File Type | docx |
| Pages | |
| File Size | 116.18 KB |
| Views | 1367 |
| Downloads | 0 |
| Price: |
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Description
A number of literatures have pointed to the importance of stakeholders’ role in the success of construction projects. As construction projects are complex and unique in their nature, stakeholders with diverse backgrounds of knowledge, skill, power, and interest such as owners, consultants, contractors, end users, and other primary and secondary stakeholders involve in achieving the project success. The main purpose of this paper is to investigate the determinants of the involvement of stakeholders on the success of the project under the study. Both the qualitative and quantitative methods were used together to collect and analyzed necessary data from envisaged sources. The quantitative data obtained through structured questionnaire survey to 50 respondents were analyzed via regression techniques by using the Statistical Package of Social Science (SPSS20) and by using text analysis to analyze the qualitative data. According to the SPSS analysis results, project supply management, stakeholders’ financial contribution, project monitoring and stakeholders’ active decision makings are found to be the major determinants on the success of the project. Lastly, the researcher attempted to put his recommendations which mainly emphasizes on the following realities such as, first there should be strong contractual and legal relationships, obligations, liability, and enforcement among the key stakeholders; promoting and convincing the local community towards the aim and goal of the project; and phase based project implementation are the major one.
Keywords: Project, stakeholders, stakeholders’ involvement, project success, water supply project, Oromia, Kisii County.
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Contains financial plan, pre-operational costs, cash flow statement, Performa, balance sheets, break even analysis and even others which have been indicated in table contain chapter five
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