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Influence of Cost Control Practices on Performance of Fish Farming Projects Funded by the Kiambu County Government, KENYA
The fish farming Projects in Kiambu County has not performed as per the intended plans for food security, improving nutrition status, creating employment and eradication of poverty among the beneficiaries. Cost of inputs, technology and marketing challenges of individual farmers has rendered sustainability of profitability of farm pond projects uncertain. Despite the high number of fisheries projects born annually in the county, their mortality rate remains very high even though limited scholars are trying to research on the causative factors. The main objective of continuous improvement programs is not only to meet customer’s requirements, but to do it at the lowest cost as well, this study focused on the cost control area in project management. The general objective of this research was to determine the influence of cost control practices on the performance of fish farming projects funded by the Kiambu County government. Specifically, the study sought to determine the influence of budgeting, standard costing and financial training on performance of fish farming projects. The study was anchored on the performance theory, theory of budget and the theory of cost. The study was conducted using descriptive research design in order to drawan accurate snapshot of some aspects of cost control practices in fish farming projects. The target populations comprised 60 fish farming projects. Due to the manageable size of population, census approach was appropriate for the study. Structured questionnaires were used as the instrument for data collection. A pilot study was done in Nakuru County using six projects. Validity test of the research instrument was determined through consultation with university research supervisor and practitioners. The data was analyzed with the aid of Statistical Package for Social Sciences. Correlation analysis was used to estimate the strength and direction of the relationship between variables and regression model was used to make predictions about the population and analysis of the sample. The ...
Influence of Cost Control Practices on Performance of Fish Farming Projects Funded by the Kiambu County Government, KENYA
The fish farming Projects in Kiambu County has not performed as per the intended plans for food security, improving nutrition status, creating employment and eradication of poverty among the beneficiaries. Cost of inputs, technology and marketing challenges of individual farmers has rendered sustainability of profitability of farm pond projects uncertain. Despite the high number of fisheries projects born annually in the county, their mortality rate remains very high even though limited scholars are trying to research on the causative factors. The main objective of continuous improvement programs is not only to meet customer’s requirements, but to do it at the lowest cost as well, this study focused on the cost control area in project management. The general objective of this research was to determine the influence of cost control practices on the performance of fish farming projects funded by the Kiambu County government. Specifically, the study sought to determine the influence of budgeting, standard costing and financial training on performance of fish farming projects. The study was anchored on the performance theory, theory of budget and the theory of cost. The study was conducted using descriptive research design in order to drawan accurate snapshot of some aspects of cost control practices in fish farming projects. The target populations comprised 60 fish farming projects. Due to the manageable size of population, census approach was appropriate for the study. Structured questionnaires were used as the instrument for data collection. A pilot study was done in Nakuru County using six projects. Validity test of the research instrument was determined through consultation with university research supervisor and practitioners. The data was analyzed with the aid of Statistical Package for Social Sciences. Correlation analysis was used to estimate the strength and direction of the relationship between variables and regression model was used to make predictions about the population and analysis of the sample. The ...
Influence of Cost Control Practices on Performance of Fish Farming Projects Funded by the Kiambu County Government, KENYA
Mbugua Dorcas Waithira (Autor:in) / Dr. Caleb Odhiambo Onjure, PhD (Autor:in)
22.02.2023
oai:zenodo.org:7663130
The International Journal of Business Management and Technology 4(3) 114-129
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
DDC:
690
BASE | 2019
|DOAJ | 2020
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