📚 IJBEMS — A Peer Reviewed Refereed International Journal of Business Education and Management Studies · ✉️ ijbems@gmail.com

INTERNATIONAL JOURNAL OF BUSINESS EDUCATION AND MANAGEMENT STUDIES

International Journal of Business Education and Management Studies (IJBEMS)

Current Issue

UTILIZATION OF NETWORK ANALYSIS FOR EFFICIENT PROJECT MANAGEMENT

IJBEMS  ·  Vol 2 Issue 1 2021  ·  2021-02-24
Publication Details
Author(s)
Dr. Peter Ositadinma Ndubuisi, Dr. Friday Ogbu Edeh
Article Type
Research Article
Issue
Vol 2 Issue 1 2021
Volume
2
Number
1
Pages
34-47
Publication Date
2021-02-24
Abstract
Poor project scheduling and management has resulted to delays in completion times and at heavy costs to many business organizations in Nigeria. The study aims at establishing the relevance and extent of utilization of analysis of project network in operations scheduling and management. In a field study of two firms in Enugu metropolis, data were sourced using likert structured questionnaire in alignment with the objectives. Data were analysed using Cumulative percentages and bar charts. Hypotheses were tested with the use of Pearson Correlation Coefficient (F-statistic). Findings reveal that most commercial organizations in routine operations apply Critical Path Method (CPM) in estimating time for project activities. Analysis of network results in minimizing project duration and completion costs, though delays are sometimes inevitable. It is recommended that organizations attach greater commitment to meticulous execution of critical activities to prevent overall project delays.
Keywords
Utilization Network Analysis Efficiency Project Management