Project Success through Risk Management Practices in Organic Pest Control Initiatives
DOI:
https://doi.org/10.20525/ijfbs.v14i2.4024Keywords:
Risk Management Practices, risk identification, assessment, response, and review, implementation of organic pest control projectsAbstract
Effective risk management plays a vital role in the successful implementation of pest control projects, offering benefits such as improved project quality, adherence to budgets, high stakeholder satisfaction, and timely completion. Despite these benefits, challenges in managing risks within pest control projects remain, highlighting the need for a structured and proactive approach to risk management. This study aimed to explore the influence of risk management practices, specifically risk identification, assessment, response, and review, on the successful implementation of organic pest control projects in Rwanda. This study will adopt Theory of Risk Perception and contingency theory and will use both descriptive and correlational designs, targeting an estimated population of 100 respondents from Agropy Ltd, including project managers, risk management officers, field officers, Laboratory Analyst and key stakeholders. Data was collected through questionnaires, interviews, and document reviews. A pilot test was conducted with 20 respondents to determine the instrument's ability to produce consistent results over time. The reliability of the research instrument (questionnaire) was assessed using Cronbach’s Alpha. Data was analyzed using descriptive and inferential statistics, including correlation and regression analysis. The findings for four hypotheses were tested at ?=.05 level of significance and the results were: risk identification (p = 0.000 < 0.05); risk assessment (p = 0.000 < 0.05); risk response (p = 0.000 < 0.05) and; risk review and control (p = 0.000 < 0.05), have no significant effect on performance of projects were rejected, confirming that all the risk management practices significantly affects the implementation of pest control projects. In conclusion, the study highlights the significant positive effect of risk management practices, including risk identification, assessment, response, and review in the successful implementation of pest control projects. It is recommended that organizations strengthen their risk management frameworks, involve stakeholders early in the process, prioritize comprehensive risk assessments, establish clear risk response strategies, and continuously monitor and adapt risk control measures. Future studies could explore the role of different stakeholders in pest control projects to further enhance risk management and project success.
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Copyright (c) 2025 Uzamugura Jean Marie Vianney, Amolo Elvis Juma Amolo
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