Skip to main navigation Skip to search Skip to main content

Project planning and business growth in SMEs: The mediating role of decision-making

  • Roberto Lider Churampi-Cangalaya
  • , Luis Antonio Visurraga Camargo
  • , Yael Sadith Mego-Cañari
  • , Victor Oscar Moyano Mustto
  • , Moises Jesus Calle Caceres
  • , Carlos Alberto Suarez Reynoso
  • , Zenon Manuel Lopez Robles
  • , Katia Magaly Mendoza Cruz
  • Universidad Nacional Autónoma Altoandina de Tarma
  • National University of San Luis Gonzaga
  • Peruvian University Los Andes
  • Universidad Nacional del Centro del Perú

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

This study analyzed the influence of project planning on the business growth of 313 SMEs in the Central Region of Peru (Tarma), evaluating the mediating effect of decision-making. Using a quantitative approach, a hypothetical-deductive method, and a non-experimental, cross-sectional, and explanatory design, data were collected using a Likert-scale questionnaire and processed with SmartPLS 4.0. The measurement model demonstrated optimal internal consistency and psychometric validity, with Cronbach's alpha and composite reliability values greater than 0.90, and a mean variance extracted (AVE) greater than 0.50. Structural equation modeling (PLS-SEM) validated all hypotheses (p < 0.001; t > 1.96). It was demonstrated that strategic planning (β = 0.412), resource and budget management (β = 0.356), and scope and quality (β = 0.438) have a direct and positive impact on decision-making. This, in turn, has a strong influence on business growth (β = 0.621), confirming a significant mediating effect of decision-making. The overall model fit was satisfactory (SRMR = 0.045; R² = 0.385), leading to the conclusion that the analytical professionalization of decision-making flows is a critical factor for the scalability of SMEs.

Original languageEnglish
Pages (from-to)613-622
Number of pages10
JournalJournal of Project Management (Canada)
Volume11
Issue number3
DOIs
StatePublished - 2026
Externally publishedYes

Keywords

  • Business growth
  • Decision making
  • Project planning
  • SMEs

Cite this