Browsing by Author "Naod Birru"

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    Stakeholder Engagement Practices & Its Effects to Project Success in the Case of Sunshine Real Estate Projects
    (Addis Ababa University, 2022-06) Naod Birru; Seifu Mamo (PhD)
    Effective management and coordination of the various project stakeholders helps to ensure a successful project outcome. Stakeholder engagement entails managing relationships to ensure project success in the short and long term. The goal of this study is to determine stakeholder engagement practices and its effect on project success in the case of sunshine real estate projects. Some of the variables considered in stakeholder engagements are defining purpose of stakeholder engagement, stakeholder identification, defining the stakeholder engagement plan, implementing the stakeholder engagement plan, and reviewing and improving the plan. Explanatory research approach was used with qualitative data from targeted two real estate project personals [54 participants] under the sunshine real estate of the selected four stakeholders. A census technique was used from a small universe, with the strata containing all of the project's internal and external stakeholders. Questionnaires were distributed for the respondents, and reliability was confirmed by adopting standardly constructed questioners approved by adviser and using appropriate research method and design, technique and process of data sampling and collection and test measures. The collected data was statistically analysed using SPSS version 20, which produced descriptive and deductive statistical outputs. The findings show a positive relationship between project success and all project stakeholder engagement variables. A regression model was used to investigate the causal relationship between the study's dependent and independent variables. According to the results of the linear regression, the defined stakeholder engagement components have a statistically significant and positive effect on project success. The majority of respondents rated the project's capacity to effectively engage its stakeholders a satisfactory understanding on the overall analysis, which suggests that the company still has more work to do in this area. It is strongly suggested that project stakeholder engagement requires a lot of attention because it determines a project's success. To have successful real estate projects, managing various computing stakeholder interest and expectations, involving all stakeholders who are connected to the project result as a dispute resolution plan and create trust between them. The author thinks that proactive and thorough stakeholder engagement fosters fruitful partnerships that contribute to the success of the project as a whole. Keywords: Stakeholder engagement, defines stakeholders, stakeholder identification, engagement plan, implement engagement, and project Success