PROJECT COST ESTIMATION AND PERFORMANCE OF SPORTS STADIA CONSTRUCTION PROJECTS IN KENYA

John Kimotho, Dr. Muchelule Yusuf, Dr. Samson Nyang’au

Abstract


Globally, implementing projects not only in the sporting sector has been theoretically, empirically and practically been seen to significantly turn things positively around for the betterment of the social and economic welfare of the citizens. Governments have opted to invest and finance refurbishment and building of the infrastructure necessary aiming to win the bid to host the events. The study sought to study Project Cost Estimation and on performance of sports stadia construction projects in Kenya. This study was anchored on the Planning fallacy theory. The current study adopted a cross sectional survey design targeting sports stadia in Kenya. The study targeted the 17 stadia projects as the unit of analysis and the unit of observation was the project consultants, county project administrators and Sports Kenya representatives involved in the 17 stadia projects. The study found strong positive correlation (r = .662, p = .000) with performance of sports stadia project in Kenya. The study also found project cost estimation explained .439 performance of sports stadia projects. The regression model established that .648 of project cost estimation is needed for a unit of performance in sports stadia projects in Kenya. The study also found that Project Cost estimation influence performance of by .662. The regression analysis also found a direct positive relationship between Project Cost Estimation and performance of sports stadia projects in Kenya. The study recommended that a thorough and periodic project cost estimation of the sports stadia projects. The study will be useful to scholars, both County and National Government, policy makers and project practitioners.

Key Words: Project Cost Estimation, Project Performance, Sports Stadia projects


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References


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