Professionals’ Perspectives on Project Management Actions and Project-Related Factors Affecting Private Real Estate Projects Implementation Success in South East Nigeria
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Date
2019-09
Journal Title
Journal ISSN
Volume Title
Publisher
ICONIC RESEARCH AND ENGINEERING JOURNALS
Abstract
Abstract- The success of any private real estate
projects to a large depends on the commitment
and/or determination of the professionals involved
as well as all the stakeholders to ensure that such
real estate project is successful regarding
implementation. The variable that makes up project
management actions and project-related factors to a
large extent affects its implementation success; this
work identified those variables, through Mean Item
Score (MIS), the study ranked the impact of these
variables and the extent they affect private real
estate projects success. From the findings of the
research, it could be observed based on analysis
done using Chi-square, there was a significant
relationship between project management actions,
project-related factors and private real estate project
implementation success using SPSS. On the
ranking, result of the findings indicated that
ineffective/wrong coordination process, project
financing, overall managerial actions and variation
of the project plan and size of the project were top
most as well as highly ranked variables that affect
private real estate project implementation in the
study area. Its’ important to note that stakeholders
should make concerted effort to ensure that all
variable identified under project management
actions and project-related factors are taken
seriously in the handling implementation of any real
estate project
Index Terms- Factors, Professionals, Project
management, Projects success and Real estate