FACTORS AFFECTING THE TIMELY COMPLETION OF 40/60 HOUSING PROJECT: THE CASE OF AYAT CONDOMINIUM SITE, ADDIS ABABA

Abstract

The main aim of the study is to investigate the factors affecting the timely completion of the 40/60 housing project: the case of Ayat condominium Site, Addis Ababa. Specifically the study aimed at testing the relationship between the independent variables (project planning and scheduling, project monitoring and control, appropriate usage of PM tools and software packages and communication between client, consultant and contractors and the dependent variable (timely completion). In conducting this, the study adopted mixed method (quantitative and qualitative) research approach with casual and explanatory research design. The target populations of the study are professionals from contractors, consultants, and clients of the 40/60 condominium housing projects that are currently under way in the Ayat sites of Addis Ababa. The target population was hundred seventy-two which were sampled. The ninety-three questionnaires were distributed to the key informant (professionals) of clients and consultants and contractors. The selection of respondents was made using stratified sampling technique. Out of the distributed questionnaire eighty six respondents properly responded. Both descriptive and inferential statistics were used to see the factors affecting the timely completion of the 40/60 housing project of the Ayat condominium site. By the findings, out of the proposed four factors in affecting timely completion of the 40/60 housing project in the case of Ayat condominium site, the four factors namely; planning and scheduling, monitoring and control, appropriate usage of project management tools and Software packages and good communication between client, consultant and contractors were found to be statistically significant.