Abstract:
This research investigates the contribution of risk management practices to the performance of
social development projects in Tanzania, with a specific case study of PACT (PROGRAM OF
ASSERTIVE COMMUNITY TREATMENT) Tanzania. PACT Tanzania is a prominent non- governmental organization (NGO) engaged in various social development initiatives across the
country. The primary aim of the research was to evaluate how monitoring risks influence the
performance of social development projects at PACT Tanzania. The study utilized the transaction
cost theory to illustrate its relevance to project performance. Employing a case study research
design was essential to align with the available resources for conducting the study. A sample size
of 70 participants was deliberately chosen using purposive sampling techniques. To ensure
comprehensive data collection, the researcher utilized questionnaires for primary data and
supplemented this with secondary data obtained from journals, reports, and articles. The study
employed SPSS version 26 to analyze the collected data through various methods such as
descriptive analysis, correlation, and multiple regression. The results of the correlation analysis
revealed a strong L. si imitiul 'between risk monitoring and the performance of social development
projects (r = 0.855, p-value = 0.000). This indicated that effective risk monitoring within the
organization significantly contributes to the success of social development projects. Consequently, the study concluded that efficient risk management notably improves the
performance of social development projects. Respondents widely concurred that project teams
have robust systems for identifying risks, displaying proactive risk mitigation strategies. In
recommendations, the study highlighted the pivotal role of effective risk monitoring in the success
of social development projects. By understanding and continually assessing potential risks and
their impact on various project aspects, project Hid! 'aye! s cartpoactiveiy identify, evaluate, and
address issues that might impede progress or lead to failure. The relationship between risk
management practices and project performance within the context of PACT Tanzania, this
research aims to enhance the organization's capacity to effectively manage risks and improve the
success rates of treir scciar development projects. Ultimately, the findings will contribute to tl le
overall improvement and sustainabi* of social development efforts in Tanzania, benefiting the
communities aIdOrd oafs targeted by these p