Authors :
Yusuf Abdi Shurie; Okeyo Omollo Elijah; Obondi Christopher Kennedy
Volume/Issue :
Volume 10 - 2025, Issue 5 - May
Google Scholar :
https://tinyurl.com/2s4rtxfe
DOI :
https://doi.org/10.38124/ijisrt/25may1197
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
The study examined the effect of financial resource allocation strategies on project outcomes of Buruuj real estate
Development Company in Mogadishu, Somalia. The study was guided by the following objective; assess the effects of
financial resource allocation on the project outcomes of Buruuj, real estate and Development Company in Mogadishu,
Somalia. Study was guided by Resources Based Theory (RBT). Sample size of 135 respondent’s respondents selected from
targeted population of 260. The research employed cross-sectional research design, the questionnaire and interview guide
were used as the research instruments. Descriptive statistics employed include frequencies, means and regression analysis
on variables. The study found out that financial resource allocation strategies has a positive significant effects on the project
outcomes of Buruuj real estate and development in Mogadishu, Somalia (β = 0.501, Sig = 0.000). The study concludes that
financial resource allocation strategies has a positive significant effects on the project outcomes of Buruuj real estate and
development projects. The study recommends that real estate and development companies should develop financial resource
allocation policy guideline to facilitate seamless access to necessary financial resources required at each phase of the project
activities.
Keywords :
Financial, Outcome, Allocation, Project, Activities.
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The study examined the effect of financial resource allocation strategies on project outcomes of Buruuj real estate
Development Company in Mogadishu, Somalia. The study was guided by the following objective; assess the effects of
financial resource allocation on the project outcomes of Buruuj, real estate and Development Company in Mogadishu,
Somalia. Study was guided by Resources Based Theory (RBT). Sample size of 135 respondent’s respondents selected from
targeted population of 260. The research employed cross-sectional research design, the questionnaire and interview guide
were used as the research instruments. Descriptive statistics employed include frequencies, means and regression analysis
on variables. The study found out that financial resource allocation strategies has a positive significant effects on the project
outcomes of Buruuj real estate and development in Mogadishu, Somalia (β = 0.501, Sig = 0.000). The study concludes that
financial resource allocation strategies has a positive significant effects on the project outcomes of Buruuj real estate and
development projects. The study recommends that real estate and development companies should develop financial resource
allocation policy guideline to facilitate seamless access to necessary financial resources required at each phase of the project
activities.
Keywords :
Financial, Outcome, Allocation, Project, Activities.