Strategic planning affects an organization’s business performance by impacting its financial performance indicators such as profitability, premium growth, and claims ratio; and non-financial performance measures such as competitive edge, operations efficiency, market share growth, reduction…
Strategic management practices have been shown to have an impact on both financial and non-financial performance in terms of improving profitability, cash flow, return on investment, share price, customer satisfaction, internal management, employee commitment, internal…
New product development has been shown to positively impact financial and non-financial performance of many organizations. Financial impacts of new product development on organizations include increased sales, market share, profitability, return on investment, and share…
Budgeting practices affect organizational performance in terms of productivity, efficiency, and innovativeness. Budgeting practices have also been shown to affect the financial performance of a business organization in terms of liquidity, profitability, and solvency. The…
Project management tools and techniques positively impact project success by increasing the global competitiveness of the organization, satisfying stakeholders, handling technological complexities, maximizing resources, and reducing development time. The following are empirical studies about…
Project management practices impact project success by ensuring that the schedule goal is met, the budget goal is met, team morale is promoted, skill development is enhanced, there is growth of team members, there is…
Project Management Information Systems (PMIS) positively impact project performance by improving planning of project activities, improving monitoring of project activities, improving control of project activities, improving quality of decisions, improving allocation of resources, improving cost…
Project planning practices affect project performance in terms of cost, schedule, quality, and time of delivery. Specifically, effective project planning can lead to improved efficiency, effectiveness, strategic goal setting, and organizational learning. It also helps…
Organizational structure has been shown to affect project performance in terms of being completed within the scheduled time, within the given budget limit, meeting customer expectations, meeting client expectations, and meeting the set quality parameters.…
Corruption has been shown to negatively affect project management in the following ways: increased operational costs, inflated prices of project inputs, compromised quality of output, etc. The following are empirical studies conducted to ascertain the…