Browsing by Author "Ayedun, Caleb Abiodun"

Now showing 1 - 4 of 4
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    An Evaluation of the Appropriateness of Methods of Valuing Residential Properties in Sub-Urban Areas of Ondo State, Nigeria
    (Covenant University, Ota, Ogun State, Nigeria, 2019-11) Alimi, Rasheed Kolawole; Ayedun, Caleb Abiodun; Bello, Nurudeen Akinsola; Agava, Yusuf Halim
    The study examined the approaches often adopted for the valuation of rural residential properties of Nigeria using Ugbe and Arigidi Akoko areas of Ondo State, Nigeria as the case study. The study was set out to determine which of the method(s) of valuation is the most appropriate for valuing residential properties in rural areas in the developing economy such as Nigeria. To achieve the aim of the study, the physical inspections of two residential properties were carried out, one in Arigidi Akoko and Ugbe Akoko in Ondo State. The data collected via the inspections were used in calculating the values using different methods. The study reveals that of all the methods of valuation, investment method is the most appropriate because the value derived is a function of the rent. Comparative method is inappropriate because property rarely changes hand in the rural areas while the cost method jack up property values to a level that the market cannot support. The figure of years purchase which is a multiplier is difficult to calculate because the yield which determines the years purchase is a function of analysis of sales transaction which is rare. There is little difference in construction cost in rural and urban areas whereas values between the two show wide disparity. The study recommends even distribution of projects by governments, organisations, religious bodies etc. Development projects act as catalyst which speeds up the rate of development which brings about influx of people thereby resulting in upward movement of rent and property values. Keywords: Valuation, Residential properties, Arigidi Akoko, Ugbe Akoko, Ondo State
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    Geographical Information System(GIS) Application to Property Valuation Practices in Port Harcourt Metropolis of River State, Nigeria
    (Richmann Organisation Journal, 2022-05) Ayedun, Caleb Abiodun; Akinjare, O. A.; Omodo, E.; Alimi, Rasheed Kolawole
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    A Study of the Effect of Personality Characteristics on the Effectiveness of Construction Project Managers Performance
    (Covenant University, Ota, Ogun State, Nigeria, 2020-06) Alimi, Rasheed Kolawole; Ayedun, Caleb Abiodun; Alao, Rasheed Olamide
    The study is aimed at studying the effect of personal characteristics (extraversion) on the effectiveness of construction Project Managers with a view to determining whether personality has any effect on the Project Managers performance. The study was carried out using two sets of questionnaires consisting of Eysenck Personality Questionnaire (EPQ) Adult Form and structured questionnaire to sample respondents personality and measure their effectiveness respectively. The study revealed that personal characteristics is a feature of every construction project manage in the study. However, extraverted construction project managers constitute 64% of the respondents while introverted construction project managers constitute 36%. It was revealed that the three areas where the respondents are more effective in order of ranking are effectiveness of meeting clients requirements in term of functionality of projects; effectiveness in terms of delivering the projects in terms of required quality standard; and effectiveness in terms of resolving conflict after occurrence before threatened project objectives which ranked first, second and third respectively. The study found out that there is a negative relationship between extraversion and effectiveness. The test of statistical significance using standard error and t-test showed no relationship between the variables. The t- value calculated (-0.297) is less than the t-tabulated (6.314) held at 0.05 significant level. Also, the alpha value (0.769) is greater than the at p value (0.0). It is recommended that another research should be carried out to find out if they have impact on Construction Project Manager's effectiveness. Keywords: Personal characteristics, extraversion, introversion, construction project managers
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    A Study of the Effect of Personality Characteristics on the Effectiveness of Construction Project Managers Performance
    (Covenant University, Ota, Ogun State, Nigeria, 2020-06) Alimi, Rasheed Kolawole; Ayedun, Caleb Abiodun; Alao, Rasheed Olamide
    The study is aimed at studying the effect of personal characteristics (extraversion) on the effectiveness of construction Project Managers with a view to determining whether personality has any effect on the Project Managers’ performance. The study was carried out using two sets of questionnaires consisting of Eysenck Personality Questionnaire (EPQ) Adult Form and structured questionnaire to sample respondents’ personality and measure their effectiveness respectively. The study revealed that personal characteristics is a feature of every construction project manager in the study. However, extraverted construction project managers constitute 64% of the respondents while introverted construction project managers constitute 36%. It was revealed that the three areas where the respondents are more effective in order of ranking are effectiveness of meeting clients’ requirements in term of functionality of projects; effectiveness in terms of delivering the projects in terms of required quality standard; and effectiveness in terms of resolving conflict after occurrence before threatened project objectives which ranked first, second and third respectively. The study found out that there is a negative relationship between extraversion and effectiveness. The test of statistical significance using standard error and t-test showed no relationship between the variables. The t-value calculated (-0.297) is less than the t-tabulated (6.314) held at 0.05 significant level. Also, the Alpha value (0.769) is greater than the -p value (0.0). It is recommended that another research should be carried out if they have impact on Construction Project Manager's effectiveness.