Schedule Performance of Tertiary Education Trust Fund Construction Projects in Public Institutions of Tertiary Education in South-East, Nigeria
- Post by: airjournals
- August 31, 2021
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ABSTRACT
Tertiary Education Trust Fund (TETFund) construction project delivery in Nigeria is the biggest benefactor to its public tertiary education institutions. To measure the Fund ‘s delivery performance, an important factor in measuring project performance is timely completion at an agreed price and in specified quality. However, despite the growing concerns on the poor time performances of the Fund ‘s construction projects delivery, time overrun still a common problem without effective solution. Hence, the study interrogated the Fund ‘s projects delivery in the southeast. The objectives of this analysis aim at establishing the time performance of TETFund construction project delivery in the public tertiary education institutions in Southeast, Nigeria from 2015 to 2021. One hundred and nineteen (119) TETFund construction projects in the 7 public tertiary institutions in Enugu State were sampled using single-stage cluster sampling technique. 140 structured questionnaires were developed and distributed to consultants, contractors and other key Personnel involved in each TETFund intervention projects. The data was analysed using frequency, percent student ‘s t test. The result revealed that the prevalence of time overrun on the Fund ‘s project is 72% out of the 119 TETFund sponsored construction projects in Enugu state public tertiary education. Of the total, 28% (33) were completed on schedule, 29% (35) experienced time overruns, 39% (46) were ongoing beyond their project schedule while 4% (5) were abandoned. The mean estimated project cost by consultants was significantly lower than the awarded sums (t = 2.411, p = 0.018). The paper concludes that to improve the Fund ‘s projects time performance regarding fixed price and materials price escalation, the materials ‘component of the bill should be extracted and paid to the contractor in advance, for procurement.
Keywords: Public Tertiary Education; Trust Fund Construction Projects; Schedule Performance; TETFund Construction Project Delivery
by
Isiofia, L. A.