STAFF PERCEPTION ON PROJECT COST MANAGMNET THE CASE OF SAVE THE CHILDREN ETHIOPIA, ADDIS ABABA

Abstract

Project cost management is about designing project cost plans for the future, project cost estimation, cost budgeting implementing those cost plans and monitoring implantation of those plans against the sated standards to see the plans are achieved. The primary objectives of this research to assess the perception of staffs towards project cost management in Save the Children in Ethiopia. The study was focused on project cost management plan, project cost estimation, cost budgeting project cost management implementation and project cost monitoring. As projects creates a unique product or output by its very nature requires robust project cost management system. To achieve the objectives of the thesis, purposive sampling method was used and selected seventy- three Save the children staffs were selected as sample of the research for questionnaire survey and five senior management staffs as key informants for interview are taken as respondents from Program, Finance, awards and operation departments of the organizations. A self-administered questionnaire was distributed to respondents and interviews also conducted. Secondary data was also collected from budget performance reports, financial statements and manuals. As the findings show, the overall project cost management system in Save the children needs to be strengthen Participation of staffs in project cost palming, cost estimation, cost budgeting and monitoring will help to establish effective project cost management. To achieve the purposes of project cost management such as participation of staffs at all level is essential.