The Special Assistant to the Vice President on Innovation, Ife Adebayo, has blamed the high number of abandoned projects in the country on poor monitoring and evaluation.
Adebayo spoke in Abuja on Friday at the 2022 Projects Management Institute (PMI) Nigeria Expo, themed, ‘Resolving Projects failure in the public and Private sector’.
“Lack of proper project management principles in place within these institutions is the main cause of project abandonment.
“If we had proper project management practices and utilized the services and expertise of more project management professionals, many government projects that are abandoned may have been managed better as a result of good project management techniques.
“Lack of adequate funds and budgetary allocation before projects are embarked upon, inefficient and ineffective legal systems, poor contract documentation, and so on,” he said.
Paul Omugbe, President of PMI Nigeria Chapter said, “What we are doing is to find solutions and also call on the relevant authorities that we are here to give you a blueprint on how you can reduce project failure in Nigeria.”