IDEAS home Printed from https://ideas.repec.org/a/hur/ijarbs/v6y2016i9p311-320.html
   My bibliography  Save this article

Capital Budgeting Strategy and Performance of Projects in Kenya Rural Roads Authority

Author

Listed:
  • Leonard Ouma Mrongo
  • Mike Amuhaya Iravo
  • Aloys Kiriago Nyagechi

Abstract

The study aimed at analyzing capital budgeting as a strategy for project performance in Kenya Rural Roads Authority (KeRRA). It was guided by the following objectives: to establish the effects of policy on project performance, to find out the extent to which expertise affect project performance, and to establish the extent to which financial resources affect project performanceThe target population was 15 project managers and 15 financial managers of Kenya Rural Roads Authority (KeRRA). Purposive sampling technique was used to select the project managers and financial managers to participate in the study. A structured questionnaire was developed and utilized in this study. Questionnaires were given to project managers and financial managers. The researcher conducted a multiple regression analysis so as to determine the relationship between the project management and variables of the study.

Suggested Citation

  • Leonard Ouma Mrongo & Mike Amuhaya Iravo & Aloys Kiriago Nyagechi, 2016. "Capital Budgeting Strategy and Performance of Projects in Kenya Rural Roads Authority," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(9), pages 311-320, September.
    • Handle: RePEc:hur:ijarbs:v:6:y:2016:i:9:p:311-320
    as

    Download full text from publisher

    File URL: http://hrmars.com/hrmars_papers/Capital_Budgeting_Strategy_and_Performance_of_Projects_in_Kenya_Rural_Roads_Authority.pdf
    Download Restriction: no
    File URL: http://hrmars.com/hrmars_papers/Capital_Budgeting_Strategy_and_Performance_of_Projects_in_Kenya_Rural_Roads_Authority.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Lefley, Frank, 1996. "The payback method of investment appraisal: A review and synthesis," International Journal of Production Economics, Elsevier, vol. 44(3), pages 207-224, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Magni, Carlo Alberto, 2016. "Capital depreciation and the underdetermination of rate of return: A unifying perspective," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 54-79.
    2. Cheung, Grace & Davies, Peter J. & Trück, Stefan, 2016. "Financing alternative energy projects: An examination of challenges and opportunities for local government," Energy Policy, Elsevier, vol. 97(C), pages 354-364.
    3. Cuthbert, James R. & Magni, Carlo Alberto, 2016. "Measuring the inadequacy of IRR in PFI schemes using profitability index and AIRR," International Journal of Production Economics, Elsevier, vol. 179(C), pages 130-140.
    4. Lefley, Frank & Morgan, Malcolm, 1998. "A new pragmatic approach to capital investment appraisal: The financial appraisal profile (FAP) model," International Journal of Production Economics, Elsevier, vol. 55(3), pages 321-341, August.
    5. Anna Musz-Pomorska & Marcin K. Widomski & Justyna Gołębiowska, 2024. "Financial Aspects of Sustainable Rainwater Management in Small-Scale Urban Housing Communities," Sustainability, MDPI, vol. 16(2), pages 1-21, January.
    6. Henriksson, Eva & Söderholm, Patrik & Wårell, Linda, 2012. "Industrial electricity demand and energy efficiency policy: The role of price changes and private R&D in the Swedish pulp and paper industry," Energy Policy, Elsevier, vol. 47(C), pages 437-446.
    7. Lefley, Frank, 1997. "Approaches to risk and uncertainty in the appraisal of new technology capital projects," International Journal of Production Economics, Elsevier, vol. 53(1), pages 21-33, November.
    8. Fresner Johannes & Krenn Christina & Kleshchov Anton & Tomasi Fabio, 2019. "Exploratory research into energy efficiency investment and strategy," Technology audit and production reserves, 2(46) 2019, Socionet;Technology audit and production reserves, vol. 2(4(46)), pages 16-27.
    9. Anderson, Soren T. & Newell, Richard G., 2004. "Information programs for technology adoption: the case of energy-efficiency audits," Resource and Energy Economics, Elsevier, vol. 26(1), pages 27-50, March.
    10. Lidiia Karpenko & Mykola Izha & Iryna Chunytska & Andrii Maiev & Kateryna Hunko, 2021. "The growth of the country’s economic security level based on the investment infrastructure development projects," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(4), pages 713-729, June.
    11. Dosi, G. & Pereira, M.C. & Roventini, A. & Virgillito, M.E., 2017. "When more flexibility yields more fragility: The microfoundations of Keynesian aggregate unemployment," Journal of Economic Dynamics and Control, Elsevier, vol. 81(C), pages 162-186.
    12. Richard J. Arend, 2021. "Comprehensive Opportunity Assessment Using Commercial and Moral Intensities," Administrative Sciences, MDPI, vol. 11(4), pages 1-19, December.
    13. Sanghyun Sung & Wooyong Jung, 2019. "Economic Competitiveness Evaluation of the Energy Sources: Comparison between a Financial Model and Levelized Cost of Electricity Analysis," Energies, MDPI, vol. 12(21), pages 1-21, October.
    14. David Atkin & Azam Chaudhry & Shamyla Chaudry & Amit K. Khandelwal & Eric Verhoogen, 2017. "Organizational Barriers to Technology Adoption: Evidence from Soccer-Ball Producers in Pakistan," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 132(3), pages 1101-1164.
    15. Yard, Stefan, 2000. "Developments of the payback method," International Journal of Production Economics, Elsevier, vol. 67(2), pages 155-167, September.
    16. Sureka, Riya & Kumar, Satish & Colombage, Sisira & Abedin, Mohammad Zoynul, 2022. "Five decades of research on capital budgeting – A systematic review and future research agenda," Research in International Business and Finance, Elsevier, vol. 60(C).
    17. Magni, Carlo Alberto, 2015. "Aggregate Return On Investment for investments under uncertainty," International Journal of Production Economics, Elsevier, vol. 165(C), pages 29-37.
    18. Dimitar Blagoev & Radostin Boyadzhiev, 2020. "Methodological Aspects of Management of Portfolios of Investment Projects for Real Assets of Business Organizations," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 3 Year 20, pages 71-90.
    19. Sola, Antonio Vanderley Herrero & Mota, Caroline Maria de Miranda & Kovaleski, João Luiz, 2011. "A model for improving energy efficiency in industrial motor system using multicriteria analysis," Energy Policy, Elsevier, vol. 39(6), pages 3645-3654, June.
    20. Orioli, Aldo & Di Gangi, Alessandra, 2015. "The recent change in the Italian policies for photovoltaics: Effects on the payback period and levelized cost of electricity of grid-connected photovoltaic systems installed in urban contexts," Energy, Elsevier, vol. 93(P2), pages 1989-2005.

    More about this item

    Keywords

    Capital; budgeting; performance;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hur:ijarbs:v:6:y:2016:i:9:p:311-320. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Hassan Danial Aslam (email available below). General contact details of provider: http://hrmars.com/index.php/pages/detail/IJARBSS .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.