E3 Journal of Business Management and Economics
E3 Journal of Business Management and Economics Vol. 10 (1) pp. 009-016, August 2019; © E3 Journals; ISSN 2141-7482
Problems and prospects of project execution in Nigeria: a study of construction companies operating in Delta state
Oboreh Lucky Edafetano1 *1 Department of Business Administration and Management, Delta State Polytechnic, P.M.B5,Ozoro, Delta State, Nigeria
*Corresponding Author E-mail: oborehlucky2014@gmail.com, Phone: 08030981676
Accepted 7 May 2019
Abstract
The study examined the problems and prospects of project execution in Nigeria: evidence from selected construction companies operating in south-south. The study was based on survey research design. Taro Yemeni was used to determinethe sample size of two hundred and twenty five (225). The primary data analyzedwas obtained using a close end questionnaire structured in binary format. Binary logit regression analysis was used to test the hypotheses formulated. We found that environmental factors, Economic policy and Political factor has positive significant impact relationship with project execution in Nigeria. Changes in Government policy and Cultural factor haveno impact on project execution in Nigeria. Based on the findings, the study recommend that construction companies in Nigeria should consider Environmental factors, Economic policy, Political factor while bidding and planning project execution in Nigeria.
Keywords: Project Execution, Environmental Factors, Economic Policy, Government Policy, Cultural Factor and Political Factor.
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