Effects of Project Risks Management and Sustainability of Manufacturing Industry Projects in Rwanda- A Case Study of Sulfo Industries Ltd

Abstract

The study assessed project risks management and manufacturing industry project sustainability in Rwanda. Three specific objectives were pursued: to investigate the influence of monitoring and evaluation practices, project risk analysis, and project knowledge and communication on project sustainability. The research followed a descriptive design, utilizing both quantitative and qualitative methods. Out of a total population of 189, 117 respondents were selected through a simple random sampling technique. Data was collected through questionnaires, interviews, and document analysis, and analysis was performed using SPSS version 21. The study revealed several key findings. Project risk analysis was found to have a positive effect on the sustainability of manufacturing industry projects, with a mean of 1.556 and a standard deviation of 0.955. Similarly, risks monitoring and control (mean 1.485, standard deviation 0.813) and project knowledge and reporting (mean 1.501, standard deviation 0.899) were linked to increased sustainability. A strong positive relationship (R=0.884) was identified between these variables. In conclusion, the research underscores the importance of effective project risk management practices, including risk analysis, monitoring, control, and knowledge dissemination, in ensuring the ongoing sustainability of manufacturing projects. The study specifically recommends that Sulfo Industries and other relevant stakeholders should implement these risk management practices to maintain the effectiveness and sustainability of their manufacturing projects in Rwanda.