Growth and development in Developing countries Research Proposal

Growth and development in Developing countries - Research Proposal Example It is admissible that the current economic situation appears even more uncertain. The Government has repeatedly stated that the country is experiencing a Gross Domestic Product (GDP) expansion of 7% annually. However, the economy appears to be struggling thus presenting challenges to the development of the country (Diejomaoh, 2005; p. 77). It appears that with these predicaments the country is still realizing some level of growth and development. Much as Nigeria continues to record growth in some sectors amid the economic challenges, questions emerge as to whether there is a proportional rate of development (AfDB, 2012; p. 157). This research proposal seeks to assess the relationship between growth and development in Nigeria while factoring in the economic crisis that appears to have persisted. Aims 1. To assess the relationship between growth and development in Nigeria and determine whether the current economic crisis has positive impact in the development of the country. Objectives 1. To assess the level of growth and development in Nigeria 2. To determine whether the economic crisis facing Nigeria has any impact on growth and development 3. To determine the source of growth and development in Nigeria apart from the government 4. To recommend ways of achieving growth and development even amid economic challenges Research Questions 1. ... There are concerns that the country is recording growth without development and economy appears to be on the downturn. Nigeria presently faces diverse challenges to the expansion of her economy including religious hostility, kidnappings, violence, fraud, and poverty (Oxford Business Group, 2010; p. 58). Considered one of the best growing economies globally, Nigeria’s development is paradoxical (Adediji, 2012; 79). This is because most of the people who qualify for employment are jobless thus making meaningless contribution to the economic development (Robinson, 2012) and (Johnson, 2011). Nigeria has a poverty index of 60 percent and the exchange rates are Naira (N) 162 against the dollar. Furthermore, the country has low foreign reserves approximating to $38 billion (NBS. 2012). According to 2011 financial reports, Nigeria inflation stood at 10.3 percent while in 2012 it soared to 12.7 percent (CBN, 2012; p. 57). This is an indication that the country is not doing better econo mically and as more of her citizens continue to become jobless, the growth and development may just be a myriad (Nwosi, 2011; p. 47). It is apparent that these challenges are stifling the development of Nigeria (Akinpelu, 2011; p. 31). It appears that the notable growth in the sectors is driven by other factors. The business community in Nigeria is accumulating massive financial resources that they also invest in the country (IBRU, 2007). The investors in the country are conducting business activities in the oil industry, the agriculture sector, and the real estate industry. Therefore, the growth observed relate to the efforts of the investors engaging in the expansion of their businesses (Menjah and Abor, 2012; p. 68). This

Discuss and evaluate the problems faced by project managers Essay - 1

Discuss and evaluate the problems faced by project managers - Essay Example The major assumptions have to be documented as they impact the planning and estimation process. Assumptions also imply a degree of risk and hence all members of the team should understand the assumptions involved in project planning. Projects are not only about managing change but also about managing relationships and managing uncertainty (Bourne & Walker, 2005). The construction and defense industries have been the primary users have been the primary users of project management to deliver outcomes. Projects are usually tangible having straightforward â€Å"command and control structures† where authority and responsibility is appropriately balanced. However, the situation became difficult and managing change became difficult as organizations moved from relatively simple functional structure to the complexity of the matrix structure. The changed business environment requires a different management paradigm. The paradox of project control is that the project manager has to be vi gil in controlling the outcome of the project amidst change and uncertainty when the project manager is himself affected b y the same change and uncertainty. ... Project teams Projects create a scenario in which constant diffusion of knowledge and emergent working practices result as a complex interplay between constantly changing project conditions and an indeterminate and shifting organizational terrain (Bresnen, Goussevskaia & Swan 2004). The construction industry for one encompasses a wide range of activities and hence the form of organization depends upon the size of the project, type and scale of the work undertaken. Projects may have non-routine project processes in addition to complex inter-professional and inter-organizational contractual working relationships. Project teams are heterogeneous and comprise of people from different professional and organizational backgrounds. Movement of staff between projects is common. Project organizations require a de-centralized team-working. A team has been defined as an energetic group of people committed to achieving common objectives and who enjoy working together thereby also producing qualit y outcomes (Aurthur, Wall & Halligan, 2003). Moreover the project manager should be able to encourage and reinforce localized action. The new management initiatives can bring about success when there is decentralization, short-term emphasis on project performance and distributed work practices. Project teams comprise of a unique group of individuals who work together in a controlled environment towards a common goal (Atkins & Gilbert, 2003). Each member of the team contributes their knowledge or expertise to solve a jointly owned problem (McGreevy, 2006). The very idea of a project team is to enable multiple perspectives, different functions, variety of experiences and a broad skill set which has a bearing on the project (Hacker,