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Sustainability, viability and stability : the case of income generating projects in the Nelson Mandela Bay

This study explores issues of sustainability, viability and stability in the projects funded by the Department of Social Development, situated in the Nelson Mandela Bay. The researcher makes use of a combination of qualitative and quantitative research designs to gather data. The sample consisted of about three members from each of the four projects selected, as well as two officials of the Department of Social Development in the Nelson Mandela Bay. The respondents participated in structured and semi-structured interviews exploring their demographic information, information about the project and how it is managed, views and opinions about differences between a business venture and a project, their understanding of what constitutes a sustainable, viable and stable income-generating project as well as their opinions about what would contribute to ensuring sustainability, viability and stability in these projects. The results of the study reveal that it is important to structure and run the income generating projects using business principles which include vigorous marketing and proper costing. There is also a need to train the participants in business management so that they can run the ventures successfully. It has also become apparent that a clear leader or manager is lacking and thus decision making process is too long, meaning a meeting must take place involving all project members before a decision that affects the operations can be made. Almost all key factors contributing to a sustainable and viable income generating project, as defined by Mango (2004) and Madi (2007) were also found to be lacking in these projects.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:nmmu/vital:9157
Date January 2012
CreatorsDikana, Zukisile Christopher
PublisherNelson Mandela Metropolitan University, Faculty of Business and Economic Sciences
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeThesis, Masters, MA
Format76 leaves, pdf
RightsNelson Mandela Metropolityan University

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