Contract Management Practices and Project Success: A Case of Garacad Seaport, Puntland, Somalia.
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Date
2024
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Abstract
This study examined the relationship between contract management practices and success of Garacad Seaport project in Puntland, Somalia, with the following specific objectives, to examine the effects of monitoring on the success of Garacad Seaport project in Puntland, Somalia, to analyze the effects of risk management on the success of Garacad Seaport project in Puntland, Somalia and to assess the effects of evaluation on the success of Garacad Seaport project in Puntland, Somalia. This study was underpinned on agency theory. This study used a descriptive correlational research design with the study population involving the total population of 260 respondents however with the use of Sloven’s formula a sample size of 158 respondents was used were both Simple random sampling and purposive sampling techniques where used. The methodology employed in this study combines quantitative and qualitative approaches. Data were collected through surveys and interviews with key stakeholders, including project managers, contractors, and community representatives. Statistical analyses, including Pearson correlation coefficients, were utilized to examine the relationships between contract management practices and project success. This mixed-methods approach allows for a comprehensive understanding of the factors influencing the Garacad Seaport project. The results indicate a strong positive relationship between monitoring intensity (r = 0.791), risk management (r = 0.729), and evaluation practices (r = 0.885) with project success. These findings suggest that effective oversight, proactive risk identification, and thorough evaluation significantly enhance project outcomes, including timely delivery, quality of work, and stakeholder satisfaction. From the findings the study concluded that the importance of robust contract management practices in achieving successful infrastructure projects. It highlights the need for systematic monitoring, effective risk management strategies, and comprehensive evaluation processes to align the interests of all stakeholders involved. Based on the findings, several recommendations are proposed, including the establishment of dedicated monitoring teams, the development of structured risk management frameworks, and the implementation of regular evaluation meetings. These strategies aim to enhance accountability and ensure that projects are executed efficiently and effectively. This research contributes to the body of knowledge by bridging theoretical frameworks, such as agency theory, with practical insights relevant to infrastructure management. It offers empirical evidence on the success factors in contract management practices and provides a foundation for future research, policy development, and organizational strategies aimed at improving project outcomes in similar contexts.