Assessment of the Major Challenges in the Performance of Building Projects: The Case of the Commercial Bank of Ethiopia Headquarters’ Construction Project in Addis Ababa
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Date
2022-06
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Addis Ababa University
Abstract
The main objective of the study was to identify and analyze the main challenges affecting the performance of construction projects in the case of the Commercial Bank of Ethiopia headquarters’ construction project in Addis Ababa. Specifically, the study focused on the problems of high-rise construction projects, as the construction cost of these projects requires huge investments in foreign currency. The data for this study was considered to obtain a representative sample of project stakeholders using the random sampling technique. The study sample included representatives from the client (CBE), the consultant (AAU-AAIT), and the contractor (CSCEC). The target population consisted of all project stakeholders from the three parties mentioned above. The study used primary and secondary data and data collection was conducted using a structured questionnaire. The data was analyzed using Microsofi Excel professional 2016. Data analysis consisted of descriptive statistics. The study concluded that the main challenges were time, cost, and quality management. Based on the results of the study, the researcher recommended improving the capacity of the stakeholders in terms of attitude, skills and knowledge to address the main challenges mentioned above, as the cost of building these skyscrapers is exorbitant and can affect the country's economy. The study suggests that a similar study can be conducted in other mega projects in the country, as learning from the problem of previous projects could help save the country's low foreign exchange reserves.
Keywords: Building, construction project, cost, schedule and quality management