COST MANAGEMENT AND PERFORMANCE OF ROAD PROJECTS IN MACHAKOS AND MAKUENI COUNTIES, KENYA
Abstract
The main objective of the study is therefore to determine the influence of cost management on performance of road projects in the Machakos and Makueni counties in Kenya. The specific objectives were to establish the influence of resource allocation and cost control on the performance of road projects in Machakos and Makueni counties. The study adopted explanatory research design with a target population of 42 road projects that have been completed in the last 5 years in Machakos and Makueni counties. The unit of analysis were the 42 road projects while the unit of observation were three key personnel in each project representing clients, contractors and consultants giving a total of 126 respondents selected for the purpose of this study. Thus, a census of all the 126 respondents were conducted since the population is less than 200 respondents. Primary data was utilized in the study, which was gathered using a structured questionnaire. SPSS software was employed in the analysis of data. The study concluded that resource allocation and cost control had a positive and significant impact on the performance of road projects in the counties of Makueni and Machakos. The study recommended that . The National Construction Authority, NEMA as well as the Engineers board of Kenya ought to formulate policies that ensures quality project implementation that marches with the road standards, cost requirements as well as environmental conservation.
Key Words: Cost Management, Resource Allocation, Cost Control, Performance, Road Projects
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