An assessment of the appropriateness of the property management practices employed by the urban roads sector in Ghana: A case of the Accra Metropolitan Area
Property management is a concept that deals with the daily management of a real property to add value to it throughout its lifespan. Real property, including buildings, roads, and land, need to be appropriately managed to ensure the developers obtain maximum returns on investment. Roads are a public real property which not only serve as a means of transportation but also serves as a major tool for the development of an economy. This real property will thus need to be managed properly to ensure a nation optimizes benefits from its road network. The road network in Ghana has been plagued with potholes, weak bridges etc. due to poor management. The question that arises is why this is the case. This research study was thus undertaken to evaluate the property management practices adopted by the Ghanaian urban roads sector. The scope of this research was urban roads within the Accra Metropolitan Area. The research was qualitative in nature and adopted an evaluative strategy. Data was from both primary and secondary sources and collection was done via a survey and document study. Analysis of collected data was done using descriptive and content analysis. From the data, it was found that the main cause of the current state of property management within the urban roads sector was the lack of funds to undertake the required road management activities. Recommendations were made to assist the sector raise the necessary funding so the urban roads within the metropolis can be appropriately managed.
Thesis submitted to the Department of Business Administration, Ashesi University College, in partial fulfillment of Bachelor of Science degree in Business Administration, April 2012
Ghana, Accra, property management, road sector