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FACTORS INFLUENCING ADOPTION OF FRUGAL PRACTICES IN PUBLIC BUILDING PROJECTS DELIVERY IN SOUTHWEST, NIGERIA

  • Unique Paper ID: 166891
  • Volume: 11
  • Issue: 2
  • PageNo: 2683-2694
  • Abstract:
  • The inefficient use of resources and the prevalence of substandard practices in public building projects pose significant challenges to sustainable development and economic growth, this has necessitated research into the drivers of adoption of frugal practices towards improvement in project delivery in the public sector. Specifically, this study examined the effect of factors responsible for the adoption of frugal practices on Public Building Projects Delivery among public universities in Southwest, Nigeria. The study adopted the survey research design which involved the use of a structured questionnaire. A total population of 709 and cond contractors building professionals across the public universities from Lagos, Osun and Ondo States. From the population, the study obtained a sample size of 251 professionals in the study area. The study's objectives were examined through using inferential statistics through structural equation modelling in partial least squares (PLS-SEM) with the aid of SMART-PLS. Findings revealed cashflow challenges emerge as a significant factor influencing project delivery, with substantial explanatory power, this underscores the need to address cashflow challenges and factors of frugal practices to enhance project delivery efficiency. The study therefore recommended among others that stakeholders should implement measures to enhance financial planning and management. Strategies such as securing project funding in advance, establishing transparent budgeting processes, and negotiating favourable payment terms with suppliers can help mitigate cashflow constraints
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Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 2
  • PageNo: 2683-2694

FACTORS INFLUENCING ADOPTION OF FRUGAL PRACTICES IN PUBLIC BUILDING PROJECTS DELIVERY IN SOUTHWEST, NIGERIA

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