The Effect of Risk Management in Implementing Government Funded Project in Tanzania

This study examined factors influencing the effective implementation of government-funded projects at the Tanzania Broadcasting Corporation (TBC), focusing on risk management, stakeholder involvement, and resource management. Employing a descriptive research design with a quantitative approach, data were gathered through structured questionnaires from 119 TBC officials. Stratified random sampling ensured departmental representation, and data analysis utilized IBM SPSS version 27.1.0. The findings indicated that effective risk management significantly improved project success by reducing uncertainties and enhancing decision-making. Moreover, stakeholder involvement fostered transparency, accountability, and collaboration, which amplified communication and project ownership. Notably, resource management had the strongest positive impact on project efficiency and performance through effective allocation and monitoring. The study concluded that improving risk management frameworks, promoting inclusive stakeholder participation, and optimizing resource utilization are crucial for the sustainability of government projects. Recommendations include enhancing capacity building, monitoring systems, and interdepartmental coordination among TBC and relevant ministries to boost accountability and effectiveness, contributing to empirical knowledge on project management within public institutions in Tanzania.