Abstract
The objective of this paper is to evaluate factors affecting the progress of completing construction of irrigation projects using state budget funds. To achieve the goal, to research and conduct surveys of investors, contractors, managers of irrigation construction investment projects. Analysis results from 269 valid questionnaires using SmartPLS 3.6 software showed that all 6 factors: Investor, Peripheral, Capital, Contractors, Consultant, Convenience, all factors have a positive impact on progress of completing irrigation construction projects using state budget funds in Thai Binh province, Vietnam.
Highlights
To effectively manage investment capital from the State budget, project completion progress is a key factor determining effective capital management
The objective of this paper is to evaluate factors affecting the progress of completing construction of irrigation projects using state budget funds
The author used SPSS 23 software and Smart PLS 3.6 software to analyze data and some analysis methods used in the topic such as: Descriptive statistical methods; Assessment of reliability coefficients Cronbach's Alpha; Exploratory Factor Analysis (EFA) (Henseler et al, 2009, 2015); calculate the average value of the scale to evaluate the influence of the independent factors on the dependent variable; Multivariate regression analysis method to test the suitability of the research model (Hair et al, 2011, 2014, 2017)
Summary
To effectively manage investment capital from the State budget, project completion progress is a key factor determining effective capital management. The authors study in-depth the factors affecting the progress of completing the construction of irrigation works using the State budget in Thai Binh. Completing an irrigation project on schedule is one of the top factors in evaluating a successful project, and effectively managing investment capital. In Thai Binh, most of the irrigation projects using State budget capital have been put into use yet do not meet the requirements of time, cost, and work quality, leading to construction projects. Research to evaluate the factors affecting the completion progress and solutions to increase the likelihood of success for construction projects in the public sector is very necessary. The structure of the article in addition to the introduction includes: Research overview, research methods, research results and conclusions
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