PROJECT MANAGEMENT PRACTICES AND EFFECTIVENESS OF PRIVATE RADIO STATION’S PROJECTS A CASE OF SELECTED PROJECTS OF ENERGY RADIO, IN MUSANZE DISTRICT, RWANDA (2017-2020)

Patrick Uwineza and Jean de Dieu Dushimimana

No 2022-42-08, Working papers from Voice of Research

Abstract: The study aimed to examine the influence of project management practices on the project effectiveness of private Radio station Projects in Rwanda Specific objectives are: (a) to examine the influence of project planning on the project effectiveness of Energy Radio, (b) to investigate the influence of financial management practices on the project effectiveness of Energy Radio, (c) to evaluate the influence of project monitoring procedures on the project effectiveness of Energy Radio. The study adopted a descriptive research design and targeted 926 employees and key stakeholders of Energy radio from which a sample size of 90 respondents was selected using stratified and purposive sampling techniques. Data were collected by structured questionnaires and documentary reviews and were analyzed by both descriptive and inferential statistics. Findings showed that there exists a project planning policy and the project plans have clear objectives and goals (Mean=3.94), identified risks and measures to reduce their impacts (Mean=3.88), time, costs, and scope were specified at the beginning of the project started (Mean=3.99). However, Project Managers did not adopt the work plans and GANT charts for planning purposes (Mean=3.97, SD=1.241). There was a positive and significant correlation between project planning and the project effectiveness of the selected projects of Energy Radio (r = .367, p=.009). Findings demonstrated that funds of every project phase were disbursed on time to perform project tasks (Mean=3.98), the project budget was properly determined and allocated to activities (Mean=3.99), budgeted funds were enough to finalize the entire project on time (Mean=3.71), and the costs of every project phase were maintained in all project phases (Mean=3.87). However, the project personnel failed to maintain accurate books of accounts (Mean=3.88, SD=1.324) and report the yearly financial statements of every project phase (Mean=4.04, SD=1.251). There was a positive and significant correlation between financial management practices and the project effectiveness of the selected projects of Energy Radio (r=.309, p=.001). Energy radio has a welldocumented plan for assessing and tracking projects (Mean=3.78) and the project progress reports are produced regularly (Mean=3.97). Besides, There was a positive and significant correlation between risk management practices and the project effectiveness of the selected projects of Energy Radio (r=.439, p-value=.000

Date: 2022-06
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