ABSTRACT
Construction projects are
undertaken to achieve specific objectives and the success of it is measured by
the realization of the set goals including stakeholder satisfaction. Several
stakeholders are involved in construction projects and depending on the
environment, complexity, and procurement method adopted; stakeholders are
involved at different phases of the project undertaking different tasks and
duties. These stakeholders with variable influence and power, play key roles in
the success or failure of project. Hence, construction projects are normally
influenced by success element which can help parties reach their envisioned
goals with greater proficiency. The purpose of this study was to identify the
various project stakeholders, examine the roles of project stakeholders, and
also examine the impact of stakeholders on construction projects, and finally
to determine critical success factors leading to construction project success
in Ghana. Many critical success factors such as factors related to project
manager‘s performance, factors related to organization, factors related to
project, and factors related to external environment which become obvious from
this study would be useful to ascertain which factors impact on the success of
projects. Stakeholder Management is therefore indispensable if project goals
are to be achieved. The research develops on the existing performance area
outlined to advance a contingency-based model for evaluating construction
projects in Ghana. This research also focused on the key elements and best
methods that lead to the success of project in Ghana, the exploration of likely
indicators for its evaluation and the identification of the critical success
factors. In an attempt to fill this research gaps, a questionnaire survey was
carry out in Ashanti Region - Ghana to gather the views of construction
practitioners and clients concerning the relative significance of CSFs for
stakeholder management. Findings from this report showed that all selected CSFs
are regarded as critical by most respondents for the success of stakeholder
management in construction projects. The factor concerning Effective Program
Time Management is considered most essential for managing stakeholders.
CHAPTER ONE
INTRODUCTION
1.1 Background of Study
A Stakeholder is anyone who has an
interest in the development or result of a project (Fewing, 2005). In a normal
construction project management, any or all of the following may be a
stakeholder: the client, the principal contractor, designers, subcontractors,
people employed in any capacity in the project, local authorities, the end
users of the product, professional bodies, local residents, local business
owners, politicians, environment groups, and many more. Stakeholder management
seems to be one of the major concerns in construction project management in
Ghana. The prospect of project success is greatly reduced if stakeholders are
ineffective in management. The communication and interrelationships among
stakeholders mostly determine the total performance of a construction project,
and have the critical responsibility for bringing a project to a successful
completion.
Construction project involves
processes of planning, scheduling, and controlling. Proper management of all
these will lead to a successful completion of the project. But it seems major
projects are not completed due to improper stakeholder management (Newcome,
2003; Smith and Love, 2004).
In order to run a successful
project, it necessary to address the needs of the project stakeholders,
effectively predicting how the project will affect them and how the can affect
the project. The effective management of project stakeholders is considered an
important key to project success (Olomolaiye & Chiniyo, 2010). Ineffective
stakeholder management can result in dissatisfaction with the final project and
negative impact on the projects‘ financial plan and schedule (Olomolaiye &
Chiniyo, 2010).
An increasing number of studies
have identified the importance of stakeholder management in construction
projects (El-Gohary et al.,2006). However, the construction industry has a poor
record of stakeholder management during the past decades due to the complexity
and uncertainty of projects (Loosemore 2006). Many problems of stakeholder
management in construction projects suggested by earlier researchers include
insufficient engagement of stakeholders, project managers having unclear
objectives of the stakeholder management, difficulty to identify the ―invisible‖
stakeholder, and poor communication with stakeholders (Pouloudi and Whitley
1997; Loosemore 2006; Bourne and Walker 2006; Rowlinson and Cheung 2008).
In order to resolve these problems,
project parties need to know what the fundamentals are for managing
stakeholders (Cleland and Ireland 2002). To identify the essentials of
stakeholder management, ‗Critical Success Factors‘ (CSFs) approach is used in
this thesis. The concept of Critical Success Factors is usually credited to
(Daniel, 1961) who introduced it in association with the management information
crisis (Fortune & White, 2006). Rubin and Seeling (1967) first initiated
the theory of project success factors in 1967 and Rockart (1982) used the
expressions critical success factors (CSFs) for the first time (Toor, 2008):
This approach was first advanced by Rockart (1979). CSFs can be defined as
‗areas, in which outcomes, if they are satisfactory, well guarantee successful
competitive performance for the organization‖ (Rockart 1879). Saraph et al.
(1989) observed them as ―those critical areas of managerial planning and action
that must be practiced in order to achieve effectiveness‖. Many scholars (e.g.
Chan et al., 2001); Jefferies et al., 2002; Yu et al., 2006) have used this
technique as a means to improve the performance of the management process. In
the field of stakeholder management, Cleland and Ireland (2002) consider it
important that the project term should recognize whether or not it is successfully ―managing‖
the project stakeholders. In this write-up, CSFs are seen as those events and
practices that should be addressed in order to ensure successful management of
stakeholders in construction industry in Ghana.
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===================================================================Item Type: Ghanaian Topic | Size: 101 pages | Chapters: 1-5
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