Policy Direction and Resource Management Efficiency in the Construction Industry in Nigeria

The construction industry is noted for its activities in project executions. Therefore, mobilization of people, equipment, machineries and other resources in execution of its projects as well as misappropriation of the resources in the industry is inevitable. The study is aimed at investigating how policy direction can better represent the management of resources to ensure efficiency. To accomplish the purpose of the study, a cross sectional study was adopted. An accessible population of 252 was drawn from the managerial and supervisory unit of the administrative and logistics department of Seven 7 major selected construction industries operating in Nigeria. Usinga convenient sampling technique, a sample size of 150 was obtained with the aid of Krejcie and Morgan sample size determination table. The data for the study was acquired through the administration of questionnaires validated experts in the field of management to ensure face and content validity of the instrument. Inferential and descriptive statistics was used to analyze the data and results presented using tables, percentage, mean and standard deviation. The hypotheses were tested using the spearman rank order correlation. The empirical findings of the study show that there is a strong significant positive relationship between policy direction and resource management efficiency in the construction industry in Nigeria. The study recommends that management should adhere to the dimensions revolving the creeds of policy direction to achieve efficiency in resource management in the construction industry in Nigeria. Agbeche, Aaron | Moni, Mathew Osedebamhen "Policy Direction and Resource Management Efficiency in the Construction Industry in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-1 , December 2021, URL: https://www.ijtsrd.com/papers/ijtsrd47872.pdf Paper URL: https://www.ijtsrd.com/management/strategic-management/47872/policy-direction-and-resource-management-efficiency-in-the-construction-industry-in-nigeria/agbeche-aaron