Invigorating the ‘Lost Theory' in Project Management, Quality Control Review from Quality Finance: Ghana in Perspective

Abstract

The study brings into focus the ‘lost theory' designed as quality control from the eye of the law into project management decisions. The decisions reflected are by quality finance, analysed from investment appraisal decisions with substantial financial commitment. The study develops questions to quality decisions on road and equipment infrastructure projects. The outcome is surrounding fatalities from the decision rule of quality finance, bring into importance the actions and inactions of professionals. Therefore, the tool to forestall quality control from theories designed is from Hammurabi edicts aligned to country-specific laws. The identified issue as an externality, risk should be scientifically determined in quality decisions on finance. The study's main purpose is to cause the cognisance in energising the requisite laws for quality control to be established in infrastructure projects. As a result, the statistical consideration needed is the relationship, and correlation of quality control to quality finance decisions from investment appraisal tools, else the finance concept into projects decision is a defeat computation. The study recommends the statistical outcome study from research methods.