| Abstract: | This study aims to assess the effectiveness of project management processes and their impact on
the performance of the La Gare real estate development project in Addis Ababa, Ethiopia. The
La Gare project is a large-scale, mixed-use development that includes residential, commercial,
and retail components, positioning it as a significant urban transformation initiative in the city.
Using a mixed-methods approach, this research examines the project management practices
employed throughout the La Gare project's lifecycle, including planning, execution, and control.
The study combines quantitative analysis of key performance indicators, such as cost, schedule,
and quality, with qualitative insights gathered from interviews with project stakeholders,
including developers, contractors, consultants, and government officials. The findings from this
study provide a comprehensive understanding of the factors influencing the project's
performance. The quantitative analysis reveals the extent to which project management
processes, such as risk management, resource allocation, and stakeholder coordination, have
affected the overall cost, schedule, and quality outcomes. The qualitative data further elucidates
the contextual challenges, organizational dynamics, and decision-making processes that have
shaped the project's trajectory. By aligning the empirical findings with relevant project
management theories and best practices, the study offers practical recommendations for
enhancing the effectiveness of project management processes in large-scale real estate
developments like La Garest La Gare real estate should enhance project management knowledge
areas practice by investing in continuous professional development and training for project
managers to improve their skills and competencies and Implement robust project management
systems and tools within construction firms to streamline project processes and enhance
collaboration among team members. LA Gare real estate should promote industry standards and
best practices in project management among policymakers to ensure consistency and quality in
real estate projects, Foster a culture of continuous learning and improvement within project
management teams to stay updated on the latest trends and developments in the field |
