Abstract
SMEs engage in projects which includes innovations, new product development, product improvement and implementations of new processing technology. SMEs in Nigeria face challenges that hinder their projects such as Organizational Structure, Finance, Project Management Knowledge and Environment. This research examines the problems that confront SMEs to effectively manage projects. The research also examines the relationship between failures of SMEs and undertaken SMEs projects in Nigeria and proffers solutions to surmount the associated problems failures of SMEs and their undertaken projects.
Highlights
Small Scale Enterprises are very crucial to the development of a country’s economy, especially countries like China, India, Nigeria etc
The primary challenge of project management is to achieve all of the project goals and objectives while honouring the preconceived constraints
Project management problems associated with Small and Medium Enterprises (SMEs) in Nigeria includes Organizational Structure, Finance, planning, Project Management Knowledge and Environment
Summary
Small Scale Enterprises are very crucial to the development of a country’s economy, especially countries like China, India, Nigeria etc. Small and Medium Enterprises (SMEs) in Nigeria lack knowledge of project management tools, methods and techniques. The primary challenge of project management is to achieve all of the project goals and objectives while honouring the preconceived constraints.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Journal of Entrepreneurship & Organization Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.