The Effect of project Risk Management on the Successful Delivery of CBE Beje project: (The Case of Commercial Bank of Ethiopia)
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Date
2026-10
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Addis Abeba Universty
Abstract
In light of financing through projects such as the CBE Beje digital loan scheme by the commercial bank of Ethiopia (CBE), the rapid digitization of financial service delivery
has transformed the Ethiopian banking industry in its entirety. Systemic risk factors might hinder the successful implementation of such critical digital ventures. This paper
analyzes the impact of project risk management (PRM) processes on the successful implementation of the CBE Beje project, including risk identification, risk assessment,
risk mitigation, and risk monitoring. A quantitative approach was adopted for this study, and data were gathered from various project stakeholders via structured questionnaires.
Out of the 398 distributed questionnaires, 300 responses were deemed valid and were analyzed in the end. Among the many statistical approaches utilized in this paper for
analyzing the gathered information is multiple regression analysis in SPSS.According to the findings, there is a significant and positive relationship between the four PRM
constructs and project success. Based on the regression analysis, a value of R squared at 0.727 indicates that the risk management practices analyzed explain roughly 72.7% of
variance in the success of the CBE Beje project completion. Out of all the variables in this case, the practice of risk mitigation proves to be the most influential predictor of
project success. This study highlights the significance of proactively managing risks in the context of moving toward digitalization in the banking industry. It is important for
CBE to improve its risk management systems at project level.
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Keywords
Project Risk Management, CBE Beje, Digital Loan Platform, Project Success, R-Square, Commercial Bank of Ethiopia.