Home » Building » ECONOMIC DEVELOPMENT AS A FUNCTION OF CONSTRUCTION PROJECT PERFORMANCE

ECONOMIC DEVELOPMENT AS A FUNCTION OF CONSTRUCTION PROJECT PERFORMANCE

Sold By: Joe Project Store | Item Type: Project Material | Report this?  |  Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 4,797 times

Delivery: Within 24 hours

ABSTRACT

Poor performance of construction projects is one of the major cause for concern in the construction industry. Many of the construction projects executed in Nigeria experienced several challenges ranging from simple to complex issues. This paper therefore, examines factors affecting the performance of construction projects, their effects on the economic development and the impact of the factors on the economic development of the nation. The study identified a set of factors believed to affect project performance through extensive review of literature which form the basis for questionnaire survey. A total of 200 questionnaires were self-administered to professionals in the Nigerian construction industry, out of which 148 were retrieved and considered fit for analysis. The survey findings indicate that the most important factors affecting project performance are: project design cost, project complexity, unavailability of resources, quality of equipment and raw materials, while ontime completion, client satisfaction and productivity were considered to be the main measures of construction project performances. Improvement in technology and extension of infrastructures, were the most important indices of economic development. It is recommended that project owners must work collaboratively with all the professionals involved in carrying out construction project in order to facilitate good performance. More so, stakeholders in the construction industry including professionals and regulatory bodies should be proactive in discharging their responsibilities bearing in mind the effect of construction project performance on economic development of the country. .


This material content is developed to serve as a GUIDE for students to conduct academic research



Delivery: Within 24 hours

Advertise Here

For advertisement, call 08168958821

Not what you were looking for? Perform a search

What's your project topic?


Comment on Facebook: