Effect of Material Resource Management on Project Completion Time in Nigeria
Adeosun, Adewole Ezekiel (2023)
2023
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023102027789
https://urn.fi/URN:NBN:fi:amk-2023102027789
Tiivistelmä
Effective material resource management is crucial for the timely completion of construction projects in Nigeria and worldwide. This thesis investigated the prevailing material budgeting methods in Nigeria and recommended the most effective approaches for material reconciliation. It explored the factors causing variations in material prices and examined the strategies employed by construction companies in Nigeria to manage material acquisition. Additionally, it established a relationship between material management methods and project completion time in Nigeria.
The objectives of this study focused on understanding the significance of material resource management in addressing the challenges of timely project completion time in Nigeria. The research scope, limitations, and hypotheses are outlined in the introductory chapter. A systematic review of relevant literature on material resource management in the Nigerian context is conducted, along with an examination of various prior research.
Employing a quantitative research approach, both secondary and primary data were collected. Secondary data were obtained through an extensive literature review, while primary data were gathered using a well-designed questionnaire. Out of the 314 questionnaires administered, 97 responses were received, and 85 responses were deemed suitable for analysis. Descriptive and inferential statistical methods were employed for analysis. The formulated hypotheses are rigorously tested using the statistical z-test for proportions.
The findings indicated that the Bill of Quantities (BOQ) is the most effective material budgeting method in Nigeria. It is observed that professionals involved in construction projects give adequate priority to material resourcing during project planning. Furthermore, a significant association is established between the material resource management methods employed and timely project completion.
Based on the findings, this thesis provided insightful recommendations to improve material resourcing practices to actualize completion time in Nigeria.
The objectives of this study focused on understanding the significance of material resource management in addressing the challenges of timely project completion time in Nigeria. The research scope, limitations, and hypotheses are outlined in the introductory chapter. A systematic review of relevant literature on material resource management in the Nigerian context is conducted, along with an examination of various prior research.
Employing a quantitative research approach, both secondary and primary data were collected. Secondary data were obtained through an extensive literature review, while primary data were gathered using a well-designed questionnaire. Out of the 314 questionnaires administered, 97 responses were received, and 85 responses were deemed suitable for analysis. Descriptive and inferential statistical methods were employed for analysis. The formulated hypotheses are rigorously tested using the statistical z-test for proportions.
The findings indicated that the Bill of Quantities (BOQ) is the most effective material budgeting method in Nigeria. It is observed that professionals involved in construction projects give adequate priority to material resourcing during project planning. Furthermore, a significant association is established between the material resource management methods employed and timely project completion.
Based on the findings, this thesis provided insightful recommendations to improve material resourcing practices to actualize completion time in Nigeria.