The Effect of Project Management Tools and Techniques on Project Performance: The Case of the Oromia Construction Corporation
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Date
2024-10
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Addis Ababa University
Abstract
This study investigates the impact of Project Management Tools and Techniques (PMTTs) on project performance within the Oromia Construction Corporation projects in Addis Ababa and its surrounding areas. It aims to assess the implementation levels of PMTTs (Stakeholder Analysis Matrix, Risk Management, Scope Management, and Program Evaluating Review Technique [PERT]) and their empirical relationships with project performance. The research adopts an explanatory research design using a quantitative approach. The dependent variable, project performance, is measured by quality, budget adherence, completion timelines, and other performance indicators, while the independent variables are the selected PMTTs. A stratified sampling technique was applied with a target population of 300 and a sample size of 169, using primary and secondary sources of data and questionnaire-based surveys. Statistical analyses, including correlation and regression analyses, were used to analyze the data. The study found strong implementation of Stakeholder Analysis, Risk Management, Scope Management, and PERT within Oromia Construction Corporation projects. The study underscores the critical role of Stakeholder Analysis and Risk Management in enhancing project planning, execution, and overall performance within the construction sector. While Stakeholder Analysis and Risk Management significantly improved project outcomes, PERT and Scope Management, though beneficial for project planning, did not demonstrate direct impacts on project performance in this study's context. Strategic implementation of PMTTs is crucial for optimizing project performance, emphasizing stakeholder engagement and proactive risk management as key success factors. The study result recommends Strengthen stakeholder identification, analysis methodologies, and engagement strategies, Implement robust risk assessment frameworks and proactive mitigation plans, Evaluate and refine PERT application for improved scheduling and resource allocation decisions, Enhance scope definition and change control procedures to mitigate scope creep, Implement regular performance monitoring to track PMTT impacts and adjust strategies as needed, Provide ongoing training for project teams to enhance PMTT utilization skills. Future research should explore additional factors influencing project performance across various industries and regions to validate these findings comprehensively.
Keywords: - Project Management Tools and Techniques, Project Management, Project Performance.