The
construction industry is a key driver of every economy, and the successful
implementation of developmental projects enhances the socio-economic wellbeing
of the citizenry. In Ghana, however, abandoned projects have become a menace,
affecting various sectors of the economy such as employment, housing,
healthcare, education, and infrastructure. The objective of this chapter was to
evaluate the perceptions, causal factors, and effects of project abandonment in
the Ashanti region of Ghana. The research is quantitative in nature, drawing
samples purposively from eighty (80) questionnaires self-administered to the
general public, contractors, and staff of MMDAs, with a response rate of 75%.
The study revealed that the major causes of project abandonment are poor
project planning, challenges in client cashflow, and a lack of political
goodwill due to changes in government. The research established that even
though most projects initiated by the MMDAs are completed as challenged
projects, huge national investments are left at the mercy of the weather when
there is a change in government. These abandoned projects lead to huge sunk
costs, the loss of economic activities, and a denial of the socio-economic
benefits that are expected to be accrued from the project. It is recommended
that modeling a reduction in project abandonment would require effective
planning and procurement, improving funding mechanisms, and adopting a national
developmental plan that would compel succeeding governments to continue with
existing projects they inherit to avoid huge national losses.
Author(s) Details
Joseph Teye I.
Buertey
Faculty of Engineering, Science and Computing, Pentecost University, Ghana.
Felix K. Atsrim
Fedems Limited, Consulting Civil Engineers, Oleander Street, Ghana.
Kwasi Boateng
Fedems Limited, Consulting Civil Engineers, Oleander Street, Ghana.
Richard Brace
Faculty of Engineering, Science and Computing, Pentecost University, Ghana.
Lord Aaron
Accra Institute of Technology, Ghana.
Please see the book here:- https://doi.org/10.9734/bpi/caert/v6/1273
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