Project Cost Management and Performance of National Housing Corporation Projects in Kenya.

Abstract

Projects from government give recipients or beneficiaries an exceptional premium, success of a project is not a time activity, success of a project must be conducted within the scope and also sufficient financial support should be in place. This includes ensuring and involving all stakeholders. The purpose of the study was to assess the relationship between project cost management and performance of National Housing Corporation projects in Kenya. The study was guided by general system theory. The study adopted positivism research philosophy and explanatory research design was used. The target population of the study was 425 projects of National Housing Corporation Projects from 2013 to 2020 and this was our unit of observation; a simple random sampling was used to select 206 respondents which was our unit of analysis. Primary data was collected using structured self –administered questionnaire while secondary data was collected from publications, annual reports, books, researches dissertations and the internet. Data collection procedure was done using drop and pick method. Data analysis was done using Statistical Package for Social Science (SPSS) version 28 software and descriptive and inferential statistics analysis presented in form of tables. The study was confirmed in National housing corporation projects in all the 47 county governments of Kenya. The findings of the study established that project cost management significantly predicts performance of national housing corporation project in Kenya. Specifically, the findings of the study established that project cost management had a positive correlation on performance of National Housing Corporation Projects in Kenya. The study supports the current theories related to the study. The study recommends National Housing Corporation should enhance adoption of project cost management so that performance of projects to be improved and this will go a long way in ensuring that there is improved performance of National Housing Corporation Projects in Kenya