A Comparative Study Of Building Construction Projects Management Of Foreign And Local Contractors The Case Of Commercial Bank Of Ethiopia

Construction projects have played a major role in Ethiopia’s economy. But construction projects in Ethiopia are riddled with delay, cost overruns and mediocre quality of work. The main objective of the research is to determine and compare the project management parameters of foreign and local contractors to determine how they are related to each other and determine on which parameters local contractors might be experiencing problems than others. Building projects owned CBE that were undertaken by local contractors were analyzed with their foreign contractor counterparts on the basis of cost, schedule and quality. Data was collected using a questionnaire and interviews. The results showed that cost performance and schedule performance of the local and foreign contractors are negatively related. Finally recommendations have been made in order to advance the local contractors. Mainly local contractors have to readapt how they manage cost in a way it incorporates the schedule, human and material resources in order which can be aided with various software. Improvements in schedule performance can be made with getting ahead of obstacles like late delivery by ordering pre-emptively a creating a culture of productivity. To improve quality performance companies should put safety and employee development as priorities.

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