Stakeholder Management and Loan Capital Project Performance by Edify Rwanda
DOI:
https://doi.org/10.47604/ijepm.3026Keywords:
Stakeholder Management, Loan Capital, Project Performance, Edify RwandaAbstract
Purpose: The purpose of this project is to assess the influence of stakeholders’ management on loan capital project performance by Edify Rwanda.
Methodology: A descriptive and correlational research design was employed for data collection. The sample included 201 participants: 60 head teachers, 60 school owners, 11 bank managers, and 70 Edify Rwanda staff. The sample size of 133 respondents, consisting of 126 for quantitative data and 7 for qualitative data, was determined using the Slovin formula.
Findings: The findings from the multiple regression analysis indicated that stakeholders’ expectations and needs identification and stakeholder conflict resolutions had significant effect on loan capital project performance by Edify Rwanda. However, stakeholder communication and stakeholder involvement had insignificant effect on loan capital project performance by Edify Rwanda.
Unique Contribution to Theory, Practice and Policy: The study recommends that Edify Rwanda should implement mechanisms to ensure that community members have a more significant role in selecting projects. This could involve regular community meetings and consultations to gather input and prioritize projects based on local needs. In order to improve stakeholder engagement, Edify Rwanda should develop robust feedback mechanisms that allow stakeholders to voice their concerns and suggestions throughout the project lifecycle. This could include surveys, suggestion boxes, and regular follow-up meetings.
Downloads
References
AfDB. (2020). African Development Bank Group working report. Abidjan: AfDB
Ataci, T. (2021). Transmedia storytelling and participation for peacebuilding and peace education: Rwandan youth, digital inclusion, and socio-political context.
Blais, C., &Agbodoh-Falschau, R. K. (2023). An exploratory investigation of performance criteria in managing and controlling new product development projects: Canadian SMEs' perspectives. International Journal of Managing Projects in Business, 16(6/7), 788-807.
Chen, X., & Zhang, Z. (2022).Stakeholder Involvement in Educational Projects: Drivers and Recommendations. Educational Management Review, 40(1), 45-59.
Chenger, D., &Woiceshyn, J. (2021). Executives’ decision processes at the front end of major projects: the role of context and experience in value creation. Project Management Journal, 52(2), 176-191..
Elfert, M., & Morris, P. (2022). The long shadow between the vision and the reality: A review of the UNESCO report “Reimagining our futures together: A New social contract for education.”. Quaderni di pedagogiadellascuola, 2, 37-44.
Gichimu, E. M., & Mutuku, M. (2022). Stakeholder management and performance of county government funded projects in Nyeri County, Kenya. The Strategic Journal of Business & Change Management, 9(4), 761-774.
Ishimwe, R. (2021). Climate change adaptation and urban poor: a case study of Bannyahe Slum, Kigali, Rwanda.
Klaus-Rosińska, A. and Iwko, J. (2021). Stakeholder Management—One of the Clues of Sustainable Project Management—As an Underestimated Factor of Project Success in Small Construction Companies. Sustainability 13(17):9877
Li and Zhang (2021). Mediation Effect of Stakeholder Management between Stakeholder Pressures and Project Performance. Journal of Engineering, Project, and Production Management in Volume 11, Issue 2.
Lin, W., Wang, G., Ning, Y., Ma, Q., & Chen, Y. (2024). Examining the effect of project planning on megaproject performance: The conditional mediating role of integration. Developments in the Built Environment, 18, 100392.
Mbarute, E. S., &Ntivuguruzwa, C. (2023).The Influence of School Factors on Students' Mathematics Performance in Gicumbi District, Rwanda.journal for research innovations and implications in education, Vol.7, Iss.1, 2023
Nimco, J. S., &Kaumbulu, A. K. (2024). Unpacking Project Implementation: The Effective Role of Monitoring and Evaluation Systems in Local Non-Governmental Organization in Somaliland. Asian Journal of Economics, Finance and Management, 30-41.
Njiru, M., &Thoronjo, E. (2024). Analysis of Monitoring and Evaluation Practices on Performance of Non-Governmental Organizations’ Project in Kiambu County, Kenya. Journal of Business Management and Economic Development, 2(01), 1-12.
Nordahl-Pedersen, H., &Heggholmen, K. (2023). What factors contributes to success in an event project? A case study of the learning experiences of students in a Project Management course. Procedia Computer Science, 219, 1946-1953.
Nsengiyumva, J., & Ogbe, A. (2022). Assessment Of Stakeholder Engagement Practices And The Project Performance Of Prime Cement Ltd, Musanze District, Rwanda. Gsj, 10(12).
Pauna, T., Lehtinen, J., Kujala, J., & Aaltonen, K. (2023). The role of governmental stakeholder engagement in the sustainability of industrial engineering projects. International Journal of Managing Projects in Business, 16(8), 77-99.
Saduakassova, Z. (2023). The use of project management in the professionalization of management personnel.
Scheepers, H, McLoughlin, S. and Wijesinghe, R. (2022). Aligning Stakeholders' Perceptions of Project Performance: The Contribution of Business Realisation Management. International Journal of Project Management. Volume 40, Issue 5, July 2022, Pages 471-480
Shekare, U.M., Freeman, R.E. and Reed, D.L. (2022). Influence of Conflict Factors on Performance of Construction Projects. LAUTECH Journal of Civil and Environmental Studies 9(1)
Smith, A. (2018). Stakeholder Communication in Construction Projects: Implications for Project Success. Construction Management Journal, 36(3), 201-215.
Smith, B., & Johnson, C. (2019). Effective Stakeholder Engagement in Software Development Projects. Journal of Software Engineering, 25(3), 167-180.
Von Bertalanffy, L. (1968). General system theory: Foundations, development, applications. New York: George Braziller
Vroom, V. H. (1968). On the Origins of Expectancy Theory". In Smith, Ken G.; Hitt, Michael A. (eds.). Great Minds in Management.
Yang, S., & Liu, Q. (2021).Meta-Analysis of Stakeholder Conflict Resolution and Project Success: Implications for Project Management. Project Management Journal, 49(3), 67-81.
Yang, S., & Wu, L. (2021). Meta-Analysis of Stakeholder Involvement and Project Success: Implications for Project Management. Project Management Journal, 49(2), 67-81.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Umutesi Claudette, Malgit Amos Akims, PhD
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution (CC-BY) 4.0 License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.