THE ROLE OF RESOURCE MANAGEMENT IN PROJECT SUCCESS
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- Recommended for : Student Researchers
- NGN 3000
Abstract: This study explores the role of resource management in project success, aiming to: 1) identify best practices in resource management, 2) evaluate the impact of resource management on project outcomes, and 3) recommend strategies for effective resource management. A survey design was utilized to collect data from project managers and resource coordinators. Using Taro Yamane's formula, a sample size of 350 respondents was determined, ensuring a 95% confidence level and a 5% margin of error. The study was conducted in the logistics sector in Kano, where resource management is critical. The reliability coefficient score of the survey instrument was 0.87, indicating high reliability. Findings revealed that effective resource management, including resource allocation, scheduling, and optimization, significantly enhances project success. Recommendations include adopting resource management tools, providing training on resource management practices, and ensuring regular monitoring and adjustment of resource plans.
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