Effects of Financial Management practices on technical performance of building contractors in Northeast Nigeria
- Authors: Gambo, Nuru , Musonda, Innocent
- Date: 2020
- Subjects: Financial Management Practices , Technical , Performance
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/458287 , uj:40700 , Gambo, N., Musonda, I.: Effects of Financial Management practices on technical performance of building contractors in Northeast Nigeria.
- Description: Abstract: Purpose – The purpose of this paper is to assess the effects of financial management practices of small scale building contractors on the technical performance of the contractors in northern part of Nigeria with international best practices. Previous studies argued that the technical performance of small scale building contractors in developing countries is poor because of insufficient cash to acquire strategic resources at the outset of a project. This continues to pose a challenge to the sustainable development of the construction industry, particularly, in developing countries like Nigeria. There is therefore, a need to identify, assess, and compare the effects of financial practices of the contractors with technical performance best practices. Design/methodology/approach – The technical performance of each contractor was evaluated using a five-point Likert scale. This is used to obtain the mean technical performance levels of the contractors. A questionnaire survey was administered to the professionals in the industry who were selected by using a proportionate stratified random sampling technique. The contractors’ performance was compared by using ANOVA with post hoc and the effects of contractors’ financial management practices were determined using multiple regression analysis. Findings – The results indicated that the contractors in Nigeria were average technical performers and there were large effects of financial management practices on technical performance of contractors in building projects’. . Research limitations/implications – The study is limited to small scale building contractors in the northeast Nigeria. One of the implications of this study is that it provides the criteria for an evaluation of small scale building contractors’ technical performance in Nigeria and other developing countries that faced similar problems. Practical implications - The practical implications of this study is that it establishes the current level of contractors' technical performance and serves as awareness to contractors current financial practices. Social implications – The study created bases for self-evaluation of contractors’ technical performance and competition among small scale contractors in Nigeria for the enhancement of productivity particularly in rural areas and general national development. Originality/value – This study emanated from the governmental reports and past researches in the area of performance management based on the persistence of poor technical performance of small scale contractors in construction industry.
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Assuring health and safety (H&S) performance on construction projects - clients' role and influence
- Authors: Musonda, Innocent , Pretorius, Jan-Harm , Haupt, Conrad Theodore
- Date: 2012
- Subjects: Botswana , Construction , Culture , Health and safety , Improvement , Influence , Performance , South Africa
- Language: English
- Type: Journal article
- Identifier: http://hdl.handle.net/10210/22423 , uj:16199 , Citation: Musonda, I., Pretorius, J.-H. & Haupt, C.T. 2012. Assuring health and safety (H&S) performance on construction projects - clients' role and influence. Acta Structilia 19(1):71-105. ISSN: 1023-0564
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Assessment of current and future critical skills in the South African Construction Industry
- Authors: Musonda, Innocent , Okoro, Chioma
- Date: 2021
- Subjects: Construction industry , Performance , Productivity
- Language: English
- Type: Article
- Identifier: http://hdl.handle.net/10210/487810 , uj:44420 , Citation: Musonda, I. & Okoro, C. 2021. Assessment of current and future critical skills in the South African Construction Industry.
- Description: Abstract: The role of skills development in attaining productivity and competitiveness in industry and global level cannot be overemphasized in the construction sector. The study aims to evaluate the critical skills needed in the construction industry. A quantitative study was conducted and data were collected using questionnaires distributed among construction professionals including project managers, construction managers, quantity surveyors, architects and engineers based in South Africa. The data amassed were analyzed to output descriptive statistics. The skills were ranked according to the level of priority as perceived by the respondents. Findings from the empirical data analysis established that the critical skills needed within the construction industry at present and in the future are health and safety competence, decision-making, leadership, and problem-solving skills. On the other hand, public-speaking, big data mining, and internet of things were not considered to be critical. These findings indicated that even with technological advancements, skills needed to ensure that projects were delivered successfully included managerial skills. The study sheds more light on skills considered critical at present and which might be relevant in the future. The study signposts the importance of critical skills to an individual and the entire construction industry. Efforts can be made to ensure that relevant critical skills for high output are emphasized and planning can be made for future and predicted construction industry workforce needs.
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A desk study of road infrastructure performance measurement criteria
- Authors: Okoro, Chioma , Musonda, Innocent , Agumba, Justus
- Date: 2017
- Subjects: Performance , Performance measurement , Roads
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/244823 , uj:25321 , Citation: Okoro, C., Musonda, I. & Agumba, J. 2017. A desk study of road infrastructure performance measurement criteria.
- Description: Abstract: Transport infrastructure meets the demands for people and cargo delivery by providing access to working, shopping and travelling and improving the quality of life of citizens. Road infrastructure needs to be sustained for eons after its development. However, there is no consensus on the criteria upon which the operational performance of road infrastructure projects is assessed. This paper aims to identify all potential criteria for assessing road projects in operation. A desk study was conducted using relevant journal and conference papers obtained from databases including ASCE Library, Science Direct and Ebscohost. Thematic analysis was used to identify emerging themes from extant literature. The themes were tabulated and ranked based on their frequency of occurrence to determine the most important criteria for measuring the performance of road projects in operation. Findings indicate that institutional productivity and effectiveness, operational efficiency, health and safety, mobility, environmental element, public acceptability, asset value, legal and technical factors can be used to assess the performance of road projects. The study provides vital information which would be beneficial to project managers, and indeed investors, in assessing and projecting sustainable performance of road projects in operation.
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An exploratory factor analysis of transportation project sustainability indicators : a case of projects in South Africa
- Authors: Okoro, Chioma , Musonda, Innocent , Agumba, Justus Ngala
- Date: 2019
- Subjects: Infrastructure , Performance , South Africa
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/396810 , uj:32956 , Citation: Okoro, C., Musonda, I. & Agumba, J.N. 2019. An exploratory factor analysis of transportation project sustainability indicators: a case of projects in South Africa.
- Description: Abstract: Sustainable transportation is vital since its impact traverses generations. The concept of sustainable transportation is known to account for incorporation of various elements including environmental, economic, social and institutional factors. The current study employed exploratory factor analytic technique using maximum likelihood factoring to identify critical indicators for assessing transportation infrastructure projects in South Africa. Using purposive and snowball sampling, a questionnaire was distributed via email, google forms and by hand, to project managers, directors, construction managers, planners and feasibility study consultants involved in transportation projects at different stages, in the nine provinces of South Africa. Empirical data amassed from 132 responses, were analysed using SPSS version 25 software.s Descriptive analyses were used for preliminary analyses. Inferential statistics was conducted using exploratory factor analysis, to output common factors and the minimum number of variables that were related to each construct. Findings revealed that a four-factor structure including infrastructure condition and impacts, user acceptability, financial management and safety and security, can adequately measure transportation infrastructure project sustainability. By establishing critical indicators for assessing transportation projects, the study provides relevant evidence to develop strategies to ensure that such investments bring lasting and desirable impacts in the long run. The study was conducted in South Africa and may not be generalisable to other geographical regions, which may have differing priorities with regard to sustainable performance of transport infrastructure. Further studies are on-going to validate the four-factor structure using confirmatory factor analytical techniques.
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Feasibility study considerations for transport infrastructure performance : a desk study
- Authors: Okoro, Chioma Sylvia , Musonda, Innocent , Agumba, Justus Ngala
- Date: 2017
- Subjects: Forecasting , Infrastructure , Performance
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/241679 , uj:24911 , Citation: Okoro, C.S., Musonda, I. & Agumba, J.N. 2017. Feasibility study considerations for transport infrastructure performance : a desk study. The Ninth International Conference on Construction in the 21st Century (CITC-9), March 5th-7th, 2017, Dubai, United Arab Emirates.
- Description: Abstract: Transport infrastructure projects are complex, stochastic and fraught with uncertainties, which if not accurately predicted, can lead to inadequate assessment and management of risksand over time, poor performance in terms of costs, and associated expected benefits from implementation. The objective of this paper is to identify critical factors which should ideally be included in feasibility studies for adequate prediction of performance of road projects while in operation. A thorough in-depth desk study was conducted using extant literature (from conference proceedings and journals) and reports on feasibility and performance of transport infrastructure projects in Africa and world over. Findings revealed that effectiveness of procurement and financing strategies was the most considered factor during feasibility studies, among the sampled studies; followed by public participation, role of national government and traffic demand factors. Other factors included project environment, planning for operations and effectiveness of plans. These findings will be beneficial to investors who need assurance of the worthwhile performance of transport projects in which they intend to invest in. The study will inform selection of worthwhile projects among alternative and competing options which need to be implemented with limited resources.
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An assessment of factors influencing collaboration and impacts on organisational performance : a review
- Authors: Sepuru, Mercy , Musonda, Innocent , Okoro, Chioma Sylvia
- Date: 2019
- Subjects: Collaboration , Organisations , Performance
- Language: English
- Type: Conference proceedings
- Identifier: http://hdl.handle.net/10210/404310 , uj:33901 , Citation: Sepuru, M., Musonda, I. & Okoro, C.S. 2019. An assessment of factors influencing collaboration and impacts on organisational performance : a review.
- Description: Abstract: Please refer to full text to view abstract.
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