Project Time and Cost Management Practices and Its Challenges in Ethio-Telecom Expansion Project

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Date

2022-06

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Addis Ababa University

Abstract

The delivery of projects in Ethiopia is plagued by time and cost overruns, which turns what should have been successful projects into those incurring additional costs, or money-losing ventures; as well as leading to various other unexpected negative effects. The objective of the study was to assess the project time and cost management practice in Ethio-Telecom expansion. This descriptive research study involves 153 employee of the organization at Ethio-Telecom head office in Network and IPED department. Structured questionnaire were prepared by the researchers using related literature and adopted instrument as data collection instrument. Both descriptive and inferential statistics were used as data analysis method. Regarding the practice of project time and cost management, majority of participants reported high rate of project time management and low rate of project cost management. According to the result, the highly challenging factors were Economic and Finance related factors, and Political related factors. And Managerial related factors and Human related factors were less challenging factors for the practice of practice of project time and cost management. The practice of project time management in Ethio-Telecom expansion projects were managed well to the timely completion of the project. However, project cost management processes was practiced at low level of rate. Keyword: Project Time Management, Project cost Management, Ethio-Telecom

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