The objective of this research was to use fifty indigenous construction firms in grade one to three registered with NCC in Lusaka (1) to examine whether number of employees employed by indigenous construction firms affect value of a contract, (2) to find out whether financial investment affect value of a contract of indigenous construction firms and (3) to investigate whether value of capital assets affect value of a contract of indigenous construction firms in 2018.
This study was cross-sectional in design. The subjects consisted of a stratified random subpopulation of 130 indigenous registered firms with NCC, drawn from grades one to three, and sampled 50 firms. National council construction (NCC), central statistics office (CSO), and financial statements of the companies sampled provided the population and detailed information used in the study. The factors assessed for 2018.
Table of Contents
- CHAPTER ONE: INTRODUCTION AND RESEARCH BACKGROUND
- Introduction
- Problem Statement
- General Research Question
- Research Questions
- General objectives of the study
- Specific Objectives
- Scope of the Study
- Significance of the Study
- Organization of the Study
- CHAPTER TWO: LITERATURE REVIEW
- Introduction
- Investment
- Types of investments
- Value of the contract
- Types of Financial Investments
- Investment process
- Small and medium-sized enterprises (SMEs)
- Contractors
- Subcontractor
- The overview of the Policy in Zambia
- Construction Policies in Various African Countries
- Empirical Analysis
- Critique of literature reviewed
- Conclusions
Objectives and Key Themes
This dissertation aims to assess the factors affecting the value of contracts for indigenous construction firms in Lusaka, Zambia. The study seeks to understand the challenges and opportunities faced by these firms in securing and executing contracts, ultimately contributing to a better understanding of the Zambian construction industry.
- Factors influencing contract value for indigenous construction firms.
- The role of policy and regulations in shaping contract values.
- Comparative analysis of construction policies across African countries.
- Challenges faced by indigenous construction firms in Lusaka.
- Potential strategies to enhance contract values for indigenous firms.
Chapter Summaries
CHAPTER ONE: INTRODUCTION AND RESEARCH BACKGROUND: This chapter introduces the research topic, outlining the problem statement concerning the value of contracts for indigenous construction firms in Lusaka. It establishes the general research question and specific objectives guiding the study, defining its scope and significance. The chapter concludes by explaining the structure and organization of the dissertation. The problem of low contract values for indigenous firms is framed as a significant issue needing investigation to understand its underlying causes and potential solutions.
CHAPTER TWO: LITERATURE REVIEW: This chapter provides a comprehensive review of relevant literature on investment, contract valuation, and the construction industry, focusing specifically on small and medium-sized enterprises (SMEs) and their role in the Zambian context. It examines various types of investments and the investment process, analyzing the value of capital assets and contracts. The chapter includes a comparative analysis of construction policies in several African countries (South Africa, Nigeria, Ghana, Kenya), highlighting their impact on contract value for indigenous firms. Finally, it critically evaluates existing literature and draws conclusions to inform the research methodology and framework. The chapter synthesizes various perspectives on contract valuation and the challenges faced by indigenous construction firms in a competitive market, setting the stage for the empirical investigation in subsequent chapters (not included in this preview).
Frequently Asked Questions: Comprehensive Language Preview of Dissertation on Contract Value for Indigenous Construction Firms in Lusaka, Zambia
What is the overall aim of this dissertation?
This dissertation aims to assess the factors affecting the value of contracts for indigenous construction firms in Lusaka, Zambia. It seeks to understand the challenges and opportunities these firms face in securing and executing contracts, ultimately contributing to a better understanding of the Zambian construction industry.
What are the key themes explored in this dissertation?
Key themes include: factors influencing contract value for indigenous construction firms; the role of policy and regulations in shaping contract values; a comparative analysis of construction policies across African countries; challenges faced by indigenous construction firms in Lusaka; and potential strategies to enhance contract values for indigenous firms.
What topics are covered in Chapter One: Introduction and Research Background?
Chapter One introduces the research topic, outlining the problem statement concerning the low value of contracts for indigenous construction firms. It establishes the research questions and objectives, defines the scope and significance of the study, and explains the dissertation's structure. The problem of low contract values is framed as a significant issue requiring investigation.
What is covered in Chapter Two: Literature Review?
Chapter Two provides a comprehensive literature review on investment, contract valuation, and the construction industry, focusing on SMEs and their role in Zambia. It examines investment types and processes, analyzes the value of capital assets and contracts, and includes a comparative analysis of construction policies in several African countries (South Africa, Nigeria, Ghana, Kenya). The chapter critically evaluates existing literature and draws conclusions to inform the research methodology.
What types of investments and firms are discussed?
The dissertation discusses various types of financial investments and the investment process. It focuses specifically on small and medium-sized enterprises (SMEs), contractors, and subcontractors within the Zambian construction industry, paying particular attention to indigenous firms.
What is the significance of this research?
The research aims to contribute to a better understanding of the Zambian construction industry by investigating the factors affecting contract values for indigenous firms. This understanding can inform the development of strategies to enhance contract values and support the growth of these firms.
Which African countries are included in the comparative analysis?
The comparative analysis of construction policies includes several African countries, such as South Africa, Nigeria, Ghana, and Kenya.
What is the structure of the dissertation preview?
The preview includes a table of contents, objectives and key themes, chapter summaries, and keywords. It provides a comprehensive overview of the research, but the full empirical analysis is not included.
- Quote paper
- Norah Mpundu (Author), 2019, Factors affecting the value of contracts for indigenous construction firms in Lusaka, Munich, GRIN Verlag, https://www.grin.com/document/1215906
