Determinants of Project Performance in Ras Lanuf Oil and Gas Manufacturing Company

Mustafa Almabrouk Mustafa; Dr. Farhana Tahmida Newaz



Abstract:

This study investigates the determinants of project performance at Ras Lanuf Oil and Gas Manufacturing Company, focusing on the impact of communication breakdown, technology adoption, occurrence of delay, and team collaboration on project outcomes. Using regression analysis on data collected through a structured questionnaire from 250 employees, the research highlights significant factors influencing project success in the oil and gas industry. The findings indicate that effective communication and technology adoption positively influence project performance, while delays and poor collaboration have a detrimental effect. The study underscores the importance of integrating advanced technology, fostering effective communication, managing project timelines strictly, and enhancing teamwork to improve project outcomes. The adjusted R-square value of 54.8% suggests a moderate to strong model fit, pointing to these factors as critical determinants of project success, though additional variables may also play a role. This research provides actionable insights for project managers and industry practitioners aiming to optimize project management practices in similar settings.

FULL TEXT PDF 1-7] DOI: 10.30566/ijo-bs/2024.03.122

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