Assessment of Project Risk Management Practices: The Case of Bole Lemi Industrial Park

dc.contributor.advisorAsrat, Bahran (PhD)
dc.contributor.authorTadesse, Getu
dc.date.accessioned2020-12-22T07:40:46Z
dc.date.accessioned2023-11-04T14:26:20Z
dc.date.available2020-12-22T07:40:46Z
dc.date.available2023-11-04T14:26:20Z
dc.date.issued2020-07
dc.description.abstractIt has been a while since the development of industrial park is initiated in Ethiopia. The IPs in most cases have targeted to attract foreign investors. It is believed the high level of sophisticated infrastructure requirement of IPs need higher attention. Since international companies are expected to operate in the parks, it makes them central emphasis of effective project management. One of the key features of effective project management is a systematic and formal project risk management. Project risk is imminent and cannot be avoided. When it comes to grand project like IPs, the risk factor of project management is usually given a serious focus. This is because, even after an extended period after completion, the project could be found below standard. The project under study considers one case of the public industrial parks, BLIP. The project research area is chosen in consideration of the high-risk prevalence in IP projects. Environmental and social aspects make the project riskier like many other development projects. By employing nonrandom sampling technique and mixed approach research method, factors related to risk management practices are studied. It is founded that there are sufficient risk planning formalities, project risk management manual and quality project risk management tools and techniques while for capacity of the project risk management department/team, samples tend to be neutral. In addition, Value of project risk management is perceived to be high during project execution followed by project planning. It is also found that despite project risk management is perceived as being more useful than the other knowledge area in many occasions of the project, this does not make it the only important area. In fact, it is indicated the risk management could not have any value for the project unless it is integrated with the other areas. Some tools and techniques are identified. But, an un-organized and ad-hoc approach of risk management made the performance weak. Sources of project risk are identified to be both internal and external.en_US
dc.identifier.urihttp://etd.aau.edu.et/handle/123456789/24258
dc.language.isoen_USen_US
dc.publisherAddis Ababa Universityen_US
dc.subjectProject Managementen_US
dc.subjectProject Risk Managementen_US
dc.subjectIndustrial Parken_US
dc.titleAssessment of Project Risk Management Practices: The Case of Bole Lemi Industrial Parken_US
dc.typeThesisen_US

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