Effect of Project Risk Management Practices on Performance of Saving and Credit Cooperative: A Case of Indongozi Sacco Nyamasheke Karambi Branch in Nyamasheke District, Rwanda
Jean Baptiste Muhoza, Sam Bazimya
University of Kigali
https://orcid.org/0009-0007-6745-9640
Email: jeanbaptistemuhoza@gmail.com
Abstract: This study aimed to assess the effect of project risk management practices on the performance of Indongozi SACCO Nyamasheke Karambi Branch. Data was collected using structured questionnaires for quantitative insights and semi-structured interviews for qualitative perspectives, complemented by secondary data from SACCO reports and documents. Using descriptive statistics to summarize trends and inferential statistics, specifically regression analysis, to test hypotheses the collected data was analyzed using SPSS version 27. The regression results indicate that all components of project risk management have a statistically significant positive effect on performance at Indongozi SACCO Nyamasheke Karambi Branch. Specifically, project risk identification (B = 0.214, t = 2.649, p = 0.008), project risk analysis (B = 0.505, t = 7.081, p = 0.000), project risk response planning (B = 0.311, t = 4.325, p = 0.000), and project risk monitoring andcontrol (B = 0.329, t = 4.736, p = 0.000). Among these, project risk analysis has the strongest effect, followed by risk response planning, risk monitoring and control, and risk identification. In conclusion, Since the p-value is less than 0.05, all null hypotheses were rejected confirming that project risk management practices have significant effects on performance of Indongozi SACCO Nyamasheke Karambi Branch. It is recommended that Indongozi SACCO Nyamasheke Karambi Branch further strengthens and standardizes these practices to enhance project efficiency and sustainability. Future studies should explore other influencing factors such as leadership, technology use, and financial management to broaden understanding of SACCO performance.
