Browsing by Author "Yetunde Bose LASEBIKAN"

Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    Project Management Practices and Business Sustainability in Ibadan, Oyo State
    (2024-12) Yetunde Bose LASEBIKAN
    This study delves into the intricate relationship between project management practices and business sustainability in Ibadan, Oyo State. Across five comprehensive chapters, the research explores the dynamic interplay of project management, sustainability, and the business environment, underscoring their interconnections and influence on organizational success and resilience within the Nigerian context. The literature review extensively examines project management practices, business sustainability, and the business environment, encompassing customer satisfaction, earned value management, and economic factors. Grounded in System Theory, the study conceptualizes business organizations as interconnected systems that interact with their environment, highlighting mutual dependencies among individuals, departments, and external factors. Utilizing a cross-sectional survey research design, the study involves a population of 427 staff from Fagna Consultants Limited and Supreme Management Consultants Limited in Ibadan, with a sample size of 269 determined through Yamane's formula and employing stratified and random sampling techniques. A validated structured questionnaire ensures confidentiality and assesses project management practices and business sustainability. Data analysis employs descriptive and inferential statistics, featuring multinomial logit analysis. Findings revealed that project management practices positively and significantly impact business sustainability in Ibadan, Oyo State (R 2=0.2259, p-value = 0.026). Findings also revealed that there is no significant relationship between specific project management practices and the level of business sustainability achieved in organisation within Ibadan, Oyo State (R 2= -0.0314, p=value = 0.465). The study concludes that organisations in Ibadan, Oyo State should prioritize strategies to enhance project management practices for long-term business sustainability. Recommendations for organizations in Ibadan encompass strategic interventions, skill development, and collaboration with local authorities to address project management practices. The positive correlation between the business environment and sustainability informs practical recommendations tailored to the unique challenges faced by Nigerian businesses. Keywords: Project Management, Project Management practices, Business Sustainability Word Count: 288