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

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Summary

Introduction

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.

Results
Conclusion
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