Project Success through Risk Management Practices in Organic Pest Control Initiatives

Effective risk management plays a vital role in the successful implementation of pest control projects, offering benefits such as improved project quality, adherence to budgets, high stakeholder satisfaction, and timely completion. Despite these benefits, challenges in managing risks within pest control projects remain, highlighting the need for a structured and proactive approach to risk management. This study aimed to explore the influence of risk management practices, specifically risk identification, assessment, response, and review, on the successful implementation of organic pest control projects in Rwanda. This study will adopt Theory of Risk Perception and contingency theory and will use both descriptive and correlational designs, targeting an estimated population of 100 respondents from Agropy Ltd, including project managers, risk management officers, field officers, Laboratory Analyst and key stakeholders. Data was collected through questionnaires, interviews, and document reviews. A pilot test was conducted with 20 respondents to determine the instrument's ability to produce consistent results over time. The reliability of the research instrument (questionnaire) was assessed using Cronbach’s Alpha. Data was analyzed using descriptive and inferential statistics, including correlation and regression analysis. The findings for four hypotheses were tested at ?=.05 level of significance and the results were: risk identification (p = 0.000 < 0.05); risk assessment (p = 0.000 < 0.05); risk response (p = 0.000 < 0.05) and; risk review and control (p = 0.000 < 0.05), have no significant effect on performance of projects were rejected, confirming that all the risk management practices significantly affects the implementation of pest control projects. In conclusion, the study highlights the significant positive effect of risk management practices, including risk identification, assessment, response, and review in the successful implementation of pest control projects. It is recommended that organizations strengthen their risk management frameworks, involve stakeholders early in the process, prioritize comprehensive risk assessments, establish clear risk response strategies, and continuously monitor and adapt risk control measures. Future studies could explore the role of different stakeholders in pest control projects to further enhance risk management and project success.

Authors

Publication Details

Journal
International Journal of Finance & Banking Studies (2147-4486)
Published
2025-03-29
DOI
https://doi.org/10.20525/ijfbs.v14i2.4024
Primary Topic
Agricultural Innovations and Practices
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Project Success through Risk Management Practices in Organic Pest Control Initiatives

Amolo Elvis Juma Amolo, Uzamugura Jean Marie Vianney
International Journal of Finance & Banking Studies (2147-4486)
Agricultural Innovations and Practices
article

Project Success through Risk Management Practices in Organic Pest Control Initiatives

Amolo Elvis Juma Amolo, Uzamugura Jean Marie Vianney
article en

Abstract

Effective risk management plays a vital role in the successful implementation of pest control projects, offering benefits such as improved project quality, adherence to budgets, high stakeholder satisfaction, and timely completion. Despite these benefits, challenges in managing risks within pest control projects remain, highlighting the need for a structured and proactive approach to risk management. This study aimed to explore the influence of risk management practices, specifically risk identification, assessment, response, and review, on the successful implementation of organic pest control projects in Rwanda. This study will adopt Theory of Risk Perception and contingency theory and will use both descriptive and correlational designs, targeting an estimated population of 100 respondents from Agropy Ltd, including project managers, risk management officers, field officers, Laboratory Analyst and key stakeholders. Data was collected through questionnaires, interviews, and document reviews. A pilot test was conducted with 20 respondents to determine the instrument's ability to produce consistent results over time. The reliability of the research instrument (questionnaire) was assessed using Cronbach’s Alpha. Data was analyzed using descriptive and inferential statistics, including correlation and regression analysis. The findings for four hypotheses were tested at ?=.05 level of significance and the results were: risk identification (p = 0.000 < 0.05); risk assessment (p = 0.000 < 0.05); risk response (p = 0.000 < 0.05) and; risk review and control (p = 0.000 < 0.05), have no significant effect on performance of projects were rejected, confirming that all the risk management practices significantly affects the implementation of pest control projects. In conclusion, the study highlights the significant positive effect of risk management practices, including risk identification, assessment, response, and review in the successful implementation of pest control projects. It is recommended that organizations strengthen their risk management frameworks, involve stakeholders early in the process, prioritize comprehensive risk assessments, establish clear risk response strategies, and continuously monitor and adapt risk control measures. Future studies could explore the role of different stakeholders in pest control projects to further enhance risk management and project success.

International Journal of Finance & Banking Studies (2147-4486)Vol. 14(2)
Openalex Percentile: Top 92%
Agricultural Innovations and Practices
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.