Effect of Project Control on Financial Performance: A Case of Scale-Up of Family Planning Projects Implemented by Marie Stopes in Tanzania

Saria, Joynetha E. (2024) Effect of Project Control on Financial Performance: A Case of Scale-Up of Family Planning Projects Implemented by Marie Stopes in Tanzania. Masters thesis, The Open University of Tanzania.

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Abstract

The purpose of this study was to examine the effect of project control on the project financial performance citing a case study of the Scaling-up family planning project implemented by Marie Stopes, Tanzania. The samples of 52 purposively selected respondents were selected from different departments engaging directly with the implemented project to which structured questionnaire was distributed for response. The objective of the study was to analyze the effect of project control on financial performance, specifically to analyze the effect of Cost control, schedule control as well as resources control on project financial performance. Collected data were analyze descriptively and the regression analysis to obtain the magnitude and direction of the effect of the variables under the study. Findings from the study revealed that, Budget Control and Schedule Control both had a positive and significant effect on the project financial performance at Marie Stopes with β=0.272, t=2.230, p= 0.011and β=0.346, t= 3.035, p=0.002 respectively. On contrary, the Resource Control was found to have a positive but insignificant effect on tor project financial performance with β=0.232, t=1.279, p= 0.207. The study therefore recommends the effective Project control measures such as Budgeting control by ensuring that all the budgeting process should be adhered to including assigning appropriate cost to every activity and strict management of the assigned budget. Time-frame should be taken into account since it has much effect on the project, the completion delay, the cost overrun are among the outcome of lack of Schedule control. Lastly the appropriate use of resources should be taken into account, both physical and human resource is important for the successful project implementation. Keywords: Cost Control and Financial Performance

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