| Abstract: | The aim of this study is to investigate the effect of procurement management practices on project performance at Dan Energy Research and Development PLC. The research utilized a quantitative approach with an explanatory research design, and data was collected through a structured questionnaire. The study included 40 out of 45 employees, resulting in a valid response rate of 88.9%. The questionnaire data was analyzed using Statistical Package for Social Sciences (SPSS) V.27, which computed Cronbach Alpha, descriptive statistics, and correlation & regression. The highest mean score was observed in project procurement supplier sourcing practices (3.7969), signifying its importance in achieving value for money, quality improvement, risk reduction, and on-time project completion. Correlation analysis showed positive and strong correlations between the independent variables and the dependent variable. Furthermore, regression analysis revealed that project procurement management, suppliers, and contract management significantly contribute to project performance (p-value = 0.001). Hypothesis testing confirmed that project procurement practice, conducting, and monitoring have a significant effect on project performance (p < 0.05). These findings provide valuable insights into areas of focus for improving project procurement management practices at Dan Energy. Implementing these practices effectively is recommended to enhance project performance. |
