Modelling the effect of project cost management on project management performance: an application of SEM to Namibian MRCs

Q3 Business, Management and Accounting

International Journal of Project Organisation and Management Pub Date : 2021-07-12 DOI:10.1504/ijpom.2021.116263

Medsalem Nandjebo, J. Akande, Samuel O. Olutuase

引用次数: 0

Abstract

Government projects, particularly in developing economies, have continued to suffer setbacks leading to abysmal effectiveness and waste of resources. This study used a project management model to demonstrate how a project's time and quality performance can be improved by focusing on critical cost management elements. By developing and testing a structural equation model, the study analysed data collected in a survey involving 81 project management officers in selected Namibian Ministries and Regional Councils (MRCs). Results show that the cost analyses of previous projects and financial management implementations are critical components of project cost management that could significantly improve the time and quality performance of public sector projects in Namibia. Thus, the discipline to inculcate cost analysis and management skills and practices in public project management culture is essential for improving time and quality performance.

查看原文本刊更多论文

项目成本管理对项目管理绩效的影响建模:SEM在纳米比亚MRCs中的应用

政府项目，特别是发展中经济体的政府项目，继续遭受挫折，导致效率低下和资源浪费。本研究使用一个项目管理模型来演示如何通过关注关键的成本管理元素来改善项目的时间和质量绩效。通过开发和测试一个结构方程模型，该研究分析了一项调查收集的数据，该调查涉及选定的纳米比亚部委和区域委员会(MRCs)的81名项目管理官员。结果表明，以往项目的成本分析和财务管理实施是项目成本管理的关键组成部分，可以显着改善纳米比亚公共部门项目的时间和质量绩效。因此，在公共项目管理文化中灌输成本分析和管理技能和实践的纪律对于改善时间和质量绩效至关重要。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

International Journal of Project Organisation and Management Business, Management and Accounting-Strategy and Management

CiteScore

1.30

自引率

0.00%

发文量

期刊介绍： The aim of IJPOM is to attract contributions, and especially case studies, from a wide spectrum of academics and practitioners. As managers and business schools are increasingly placing increasing emphasis on strategy implementation issues, a project management approach will undoubtedly become more compelling and thus more acceptable in a wide range of fields. Readership IJPOM''s readership will come from professionals and managers dealing with project management on a daily basis. It also includes academics and researchers from various fields (business administration, economics and social sciences) concerned with the topic as well as policy makers and project planners in the field of business, commerce and industry. Contents IJPOM publishes original, theoretical, conceptual and empirical papers on a wide range of issues about project management. It also includes best practice examples as well as technical reports on the latest project management tools. Topics covered include Pre-project activities Project proposals/initial analysis, conception/design, management models Post-deployment review/documentation Engineering, production, service, construction projects Public sector programmes/campaigns, public/private sector partnerships Consultancy projects, public relations campaigns Mergers/acquisitions, outsourcing, alliances Particular events, humanitarian aid programmes, disasters projects Virtual projects, web-based PM, open-ended projects Communication/collaboration, negotiation skills, risk assessment/management Current/emerging standards, facilities/equipment support, quality assurance/testing Goals/objectives setting, budgeting, time/cost estimating HRM challenges, staffing, organisation change projects Opportunity management, marketing/branding strategies, measurement/metrics Project coordination/scheduling/governance, knowledge management.