ROLES OF PROJECT MANAGER ON PERFORMANCE OF PROJECTS FINANCED BY SAVINGS AND CREDIT CO-OPERATIVES IN KENYA

Ndung’u Susan Wangeci

Master of Science Degree in Project Management

Jomo Kenyatta University of Agriculture and Technology

DR. Mburu, David Kiarie

Jomo Kenyatta University of Agriculture and Technology

CITATION: Wangeci, N., S. & Kiarie, M., D. (2016). Roles of Project Manager On Performance of Projects Financed by Savings and Credit Co-Operatives in Kenya. International Journal of Economics and Finance. Vol. 5(10) pp 24 – 42.

ABSTRACT

Project Managers involvement can be defined as a trust-based collaboration between individuals and/or social institutions with different objectives that can only be achieved together. Project manager are believed to have power to influence project operations and affect project outcomes.

The main objective of the study was to establish the roles of project manager on performance of projects financed by savings and credit co-operatives in Kenya. The study specific objectives were; to establish project risk management on performance of Projects in Kenya, to determine project strategic planning on performance of Projects in Kenya, to evaluate project monitoring and evaluation on performance of Projects in Kenya and to examine project fund management on performance of Projects in Kenya. The study used five theories to support the literature. The study theories will be stakeholder theory, agency theory, stewardship theory, resource-based theory and open systems theory. A descriptive research design was used in this study. Descriptive research design is a method that involves the analysis of data collected from a population, or a representative subset, at one specific point in time. The study was sampled on 135 registered licensed deposit-taking Sacco Societies (DTSs) in Nairobi County and the respondents were 135 project managers in Sacco’s. The study used primary data. The primary data was collected using questionnaires, which were open ended and closed ended questionnaires. Secondary data was gathered from existing credible and recognized source. Pilot test was conducted to test validity and reliability of data collection tools. Data analysis was done with assistance of computer aided software aided statistical package for social science (SPSS) version 22, descriptive statistics and inferential analysis such as correlation, coefficient model and ANOVA were used to show the relationship and significance level of the variables which were tested using P-value. The data presentations were done using charts and tables. The study indicated that there was a positive relationship between Performance of Projects financed by Sacco’s and roles of project manager (Project Funds Management, Project Monitoring & Evaluation, Project Risk management, Project Strategic Planning). The study concluded that all the variables under this study are statistically significant in explaining the Performance of Projects financed by Sacco’s. The study recommends that the SACCOs should involve project managers in their project in order to have successful performing projects. The study also recommends that the project managers play key roles in project monitoring and Evaluation, project Fund Management, Project Strategic Planning and Project Risk management and therefore they should be involved in those key roles.

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