Most of the women found in urban-rural informal settlements of Hargeisa District are engaged in self-help group projects since most of them don’t qualify to access credit facilities from commercial banks and microfinance institutions. The main problem with development projects is they are managed poorly which affects their implementation effectiveness and efficiency. The purpose of this study is to assess the effect of project risk management; monitoring and evaluation, stakeholder involvement, and effective project planning on the performance of SHG projects in the Hargeisa district. These are projects implemented by the NAFIS through its member organizations in particular SOWRAG. The study will solicit data from the NAFIS staff working with SHG groups in particular the MEAL and Project officers, SHG leadership, and members. A mixed method comprising quantitative and qualitative techniques was employed in the collection and analysis of data so that they allow the achievement of different objectives including offsetting the constraints that each technique has. This method was suitable for this study because first, it addresses the need to study women in complex socio-economic and political phenomena landscape. Therefore, this implies that most of the respondents were in agreement with the statements that project planning practices influence SHG Project performance in Hargeisa district, Somaliland. Average scores on the performance of the SHG project for the last 9-10 years in Hargeisa District, Somaliland show a mean score of 3.881 and a standard deviation of 0.775. This implied that the majority of respondents were in agreement with the statements that the project performance of the SHG project in Hargeisa district, Somaliland was successful. From research findings, it was concluded that the performance of the SHG Project in the Hargeisa district was influenced by monitoring and evaluation, risk management, stakeholders’ involvement, and project planning practices.