Assessment of the practice and challenges of project planning & scheduling in real estate projects: in the case of Noah real estate
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Date
2023-06
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Abstract
This thesis was conducted in Noah Real Estate PLC at Project Site and Head Office, Addis Ababa with the aim of assessing the practice and challenges of project planning and scheduling. Stakeholders and employees both provided data. The study included 40 respondents in all. When gathering and analyzing the data, both qualitative and quantitative methods were used. An assessment of the degree of effect and an open-ended question were used in the two sets of questionnaires that were used to gather the data. The following metrics were used to analyze the data: frequency, percentage, mean, and standard deviation. The study has determined the company's actual project planning procedures as well as the key difficulties in the project planning and scheduling procedure. The findings of the study discovered that project scope in project planning, project schedule planning, project cost estimation, project resource planning and project risk management were practiced well in a limited manner even though more effort is required from the organization to make the practice more effective in creating well organized and attainable project management plan. Whereas, project risk planning and project quality planning application of planning tools were poorly practiced under the study organization. The major challenges identified by this study include delay of material delivery, project planning/scheduling driven by owner perspective, on time design delivery problem, lack of currency for imported goods, communication gap, lack of experienced contractor and the current condition of the country As a result, the study recommended that the organization give each project planning area its full attention and put forth more effort to address any problems that were discovered and examined during the study