Strategies for improving Entrepreneurial Skills among project management Graduates in Ghana

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Date
2021-06-15
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Abstract
In Ghana, graduates often have limited entrepreneurial skills and rarely undertake entrepreneur initiatives as they are persistently in search of non-existing jobs in the formal sector. Based on this was this study conducted to identify strategies to improve entrepreneurial skills among Project Management graduates in Ghana. To help in the realization of this aim were three (3) objectives put forward as: to identify the entrepreneurial skills needed by project management graduates, to outline the strategies in place to improve the entrepreneurial skills needed by project management graduates and to identify the obstacles to the development of the entrepreneurial skills of project management graduates in Ghana. The institutional-based descriptive cross-sectional design study employed a survey strategy in the collection of data from project management professionals or graduates through structured questionnaire. The study approach was largely quantitative as the study largely dwelled on realism of events and aimed at testing existing theories on the entrepreneurial development of project management graduates. The analysis of the data gathered was done using descriptive statistics, relative importance index (RII) and Kendall Wallis Test of Concordance. Findings from the analysis depicted that the entrepreneurial skills perceived as the most important were creative skills and communication skills. Communication skills in the form of working in a team, ability to use relevant language to negotiate, persuade and convince, and the ability in brainstorming interaction networking are termed as critical to the entrepreneurial development of project management graduates. Creative skills in the form of ability to visualize and identify new problem areas in the society, ability to generate new ideas or concepts, ability to apply knowledge acquired in real life events and the ability to apply knowledge acquired with others are perceived as critical to the entrepreneurial development of project management professionals or graduates. Revealed from the study was four Principal Obstacles identified as limited funds for youth’s start-up and business expansion, theoretical based curriculum against practical skill acquisition, system of education not producing talented workforce and no loan facilities for graduates to establish their businesses. It was recommended that entrepreneurship development fund for graduates, restructuring of higher level educational curricula, loan facilities for graduates and organizing periodic workshops and seminars on entrepreneurship development will help improve entrepreneurial development of project management graduates in Ghana.
Description
A thesis submitted to the Department of Construction Technology and Management, College of Art and Built Environment, in partial fulfillment of the requirements for the award degree of Master of Science in Project Management
Keywords
Strategies, Entrepreneurial skills, Improve, Obstacles, Graduates
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