Original Research

A correlation study on project success and entrepreneurial performance, and the moderating effect of project risk

Alet Snyman, Jurie van Vuuren
The Southern African Journal of Entrepreneurship and Small Business Management | Vol 16, No 1 | a717 | DOI: https://doi.org/10.4102/sajesbm.v16i1.717 | © 2024 Alet Snyman, Jurie van Vuuren | This work is licensed under CC Attribution 4.0
Submitted: 21 February 2023 | Published: 09 February 2024

About the author(s)

Alet Snyman, Department of Business Management, Faculty of Economic and Management Sciences, University of Pretoria, Pretoria, South Africa
Jurie van Vuuren, Department of Business Management, Faculty of Economic and Management Sciences, University of Pretoria, Pretoria, South Africa

Abstract

Background: This study will elaborate on previous research investigating the relationship between project success (customer perception; project characteristics; project performance; project team) and entrepreneurial performance (improved entrepreneurial action; company characteristics) and how project risk moderates this relationship.

Aim: The research aim is to investigates the correlation between project success and entrepreneurial performance and how project risk moderates the relationship. This way, a better understanding of organisational performance and the contribution that project success can make is established.

Setting: Survey data were collected from 369 South African project-oriented organisations.

Method: The research design is a formal, ex post facto study, incorporating existing statistical measures between project success and entrepreneurial performance and how project risk moderates this relationship. Linear regressions were used to investigate these complex correlations and explore possible causal relationships. These regressions demonstrated possible patterns of relationships that appear consistent with specific causal interpretations and inconsistent with others.

Results: Companies' characteristics or entrepreneurial activity are not significantly predicted by industry type or experience. Despite organisations initiating new projects, it does not necessarily imply innovation. Moreover, since most data came from people with less than five years in the field, it strongly indicated that lack of experience adversely affected the study.

Conclusion and Contribution: There's only partial consistency between the results and previous studies, as volatility, uncertainty, complexity, and ambiguity limit the reliability of project success. Practitioners and researchers can still benefit from the present study results despite its misalignment with previous research.


Keywords

project success; entrepreneurial performance; project risk; moderating effect and correlation

JEL Codes

C12: Hypothesis Testing: General; C14: Semiparametric and Nonparametric Methods: General; C19: Other

Sustainable Development Goal

Goal 9: Industry, innovation and infrastructure

Metrics

Total abstract views: 710
Total article views: 658


Crossref Citations

No related citations found.