ABSTRACT
The study intends to investigate the impact of poor budgetary implementation in construction companies. The purpose is to specifically identify the major causes of poor budgetary implementation practices in construction companies using megastar technical and Construction Company Ltd, Aleed Construction Company, Anasami Construction Nig Ltd, Sametech Construction and C &C Construction Co. Ltd as case study. It is to determine the impact of poor budgetary implementation in construction companies and offer useful and meaningful suggestions for improving on the identified problems based on the findings. The study was carried out for the five companies. The researcher made use of primary and secondary sources of data. The primary sources with respect to this study include the various management staff of the companies and the account staff of the companies selected. Information obtained from these people were by asking face to face questions and recording their responses, then questionnaires were also administered to them for more response. A statistical approach (yaro yamen) was used in determining both the sample size and the proportion of the sample. Then the researcher used simple percentage and chi-square analysis to analyze the data collected. The study revealed that inadequate or poor budgetary implementation practices are as a result of deviation from the budgetary principles and standards, manipulation of budget by corrupt officials, late release of fund budgeted, etc. Recommendations were made based on the findings. The researcher recommended that there should be timely release of budget so as not to disrupt smooth operations of the companies. There should be an efficient monitoring of how the budget is implemented in the companies. It was also recommended that all employees of the companies should understand how a budget is implemented in the companies. The management of the companies were also adviced to motivate employees by encouraging employees through incentives and benefits in order to achieve the objectives of the organization.
Project details | Contents |
---|---|
Number of Pages | 91 pages |
Chapter one | Introduction |
Chapter two | Literature review |
Chapter three | methodology |
Chapter four | Data analysis |
Chapter five | Summary,discussion & recommendations |
Reference | Reference |
Questionnaire | Questionnaire |
Appendix | Appendix |
Chapter summary | 1 to 5 chapters |
Available document | PDF and MS-word format |
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