The Chartered Institute of Project Managers of Nigeria (CIPMN) has put the total figure of abandoned projects across the country at N17 trillion.
The Registrar of the Institute, Henry Mbadiwe, who disclosed this yesterday in Abuja, blamed the development on a lack of articulated vision and objectives, lack of proper project planning from the onset, lack of proper budgetary allocation for the projects, an inefficient legal system, corruption, compromises, and weak institutions.
The Registrar, however, warned that the days of unlicensed project managers overseeing projects in Nigeria are over, stressing that the body will no longer tolerate such infractions.
Noting that those who do so will face serious consequences, Mbadiwe’s warning hinged on the law establishing CIPMN, which stipulates that everyone within the public and private sectors who heads, leads, or teaches any aspect of project management…
Read More
