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Sustainable project risk and stakeholder management for pension funds projects performance in Kenya

Author

Listed:
  • Olive Gitau

    (Department of Management Science, School of Business, Kenyatta University, Nairobi, Kenya)

  • Paul Sang

    (Department of Management Science, School of Business, Kenyatta University, Nairobi, Kenya)

Abstract

This paper aims to evaluate the sustainable project risk and stakeholder management for pension funds projects’ performance in Kenya. This paper highlights that current project management practices of Kenyan Pension Funds do not always ensure project success that secures desired market returns on these investments. The main problem with projects management practices being mentioned as planning, project implementation, cost and time overruns and quality achievement. As the pension schemes are also expected to continue to invest in alternative assets given the broadening of the allowable investment categories and to take advantage of the public infrastructural projects under the big four agenda (RBA, 2021), it becomes paramount to identify and implement sustainable project management practices for performance of the pension funds projects. The outcome of this paper showed that integration of risk management and stakeholder management practice was one of the key project management practices that would contribute towards pension funds projects' performance. Key Words:Sustainable project management practices, stakeholder management, project risk management, pension funds, project performance

Suggested Citation

  • Olive Gitau & Paul Sang, 2022. "Sustainable project risk and stakeholder management for pension funds projects performance in Kenya," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(1), pages 273-282, January.
    • Handle: RePEc:rbs:ijbrss:v:11:y:2022:i:1:p:273-282
    DOI: 10.20525/ijrbs.v11i1.1535
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    References listed on IDEAS

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    1. Gilbert Silvius, 2012. "Change the Game: Sustainability in Projects and Project Management," Springer Books, in: Jan vom Brocke & Stefan Seidel & Jan Recker (ed.), Green Business Process Management, edition 127, pages 161-177, Springer.
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