Project Management

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Project Procurement Management Practice In Bank Of Abyssinia
(Addis Ababa University, 2017-06-05) Abebe, Fikremariam; Bekalu, Wubshet
This study tries to identify the practice of project procurement management in Bank of Abyssinia .The researcher has used descriptive research method .The data collection tools were questionnaires and interview. The sample size of the study was 27 individuals selected through purposive sampling. The response rate was 100%.The sample size was selected through purposive sampling and questionnaires with items of 34 were distributed to employees who have been directly or indirectly involved in procurement practice of the Bank’s projects. The findings of the study revealed that less consideration is given to project schedule in procurement planning. Also make or buy analysis is not done to determine the procurement decision. Pre meeting or bidder conference is not conducted with vendors prior to submittal of bid or proposal. Also conducting inspection and auditing is not commonly practiced and regular review is not carried out to evaluate procurement performance progress of vendor. Generally, the outcome of the research confirmed that project procurement management practice is implemented to some extent but there is a gap between the theory of project procurement management and the actual practices. Therefore, possible recommendations are outlined at the end of this project work on what actions should be taken to improve this practice.