This study was mainly designed to understand the students' and teacher's perceptions onrnthe relevance and practice of practicum. In addition, it was aimed at identifying the mainrnsuccess and challenges of the practicum programme. In Kotebe College of TeacherrnEducation and Ethiopia Andenet Primary School. For this purpose, qualitative case studyrnwas utilized. Data collecting method were participant observation, interview andrndiscussion with student teachers, teacher educators, placement teachers and collegernpracticum coordinators and principalsData collected were categorized into four themesrnand data for these themes were presented in narrative and descriptive forms based on thernparticipants' understanding and interpretations in addition to my own reflectivernanalysis. The result revealed that though the practicum programme as one 'paradigmrnshift' is accepted and appreciated, its implementation is highly problematic due torneconomic and logistic problems, lack of awareness and commitment among itsrnparticipants (tutors, mentors, student teachers and other concerned bodies at differentrnlevels). Then, because of the challenges that the practicum have the concerned bodiesrn(MOE, Addis Ababa Education Bureau and the college) must revise the practicumrnprogramme.