Browsing by Author "Seid, Mohammed (Ph.D.)"
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Item The Role of Stakeholder Management on Project Success (The Case of ICT Incubation Center Building Project)(A.A.U, 2022-03) Abebe, Agegnehu; Seid, Mohammed (Ph.D.)The aim of this study was to investigate the role of stakeholder management on project success with the case of the ICT Incubation Center Building Project. A descriptive and explanatory research design approach was used to conduct the study. Fifty-two self-administered questionnaires were distributed to employees of ECWC who were participated in the selected project. Based on the 48 returned questionnaires the response rate was 92.3% and enables the researcher to conduct the data analysis using the SPSS version 23 statistical tool. Therefore, descriptive, correlation, and multiple regression analyses were conducted. The correlation analysis shows that stakeholder identification, plan stakeholder engagement, manage stakeholder engagement, and monitor stakeholder engagement are positively and moderately associated with project success. However, relative to other practices of SM there is a lower correlation between manage stakeholder engagement and project success. The multiple regression analysis revealed that stakeholder identification (β=0.271), plan stakeholder engagement (β=0.227), manage stakeholder engagement (β =0.238), and monitor stakeholder engagement (β =0.209) has a significant effect on project success. Additionally the regression analysis shows (adjusted R square =0.645, p<0.05) which means 64.5 % variation in project success s explained through a change in all independent variables of stakeholder management. Generally, this study indicated that there is a positive and significant relationship between stakeholder management and project success in ECWC. The study recommends ECWC to prepare a more suitable stakeholder engagement strategic plan that provides an actionable plan to interact effectively with stakeholders and answer stakeholder interests and constraints, and to take corrective and preventive actions to improve the level of stakeholder engagement to secure project success.