PRACTICES AND CHALLENGES OF PHYSICAL RESOURCE MANAGEMENT ON ETHIOPIAN PRIVATE GRADE ONE ROAD CONSTRUCTION COMPANIES

Abstract

The situation in Ethiopian construction industry is the massive program of capital investment to road sector development projects (RSDP).This very extensive road program requires great capacity of domestic road construction companies to deliver quality works on time and within budget. Thus to carry out this huge responsibility improved and high rise level of physical resource management has to be heavily considered. Today one of the key challenges of domestic contractors is, due to inefficient physical resource management system contractors failed to avail reliable physical resource on continual basis and deliver projects on-time, at required quality thresholds. As a result over and over again harsh financial penalties and liquidity damage are imposed by clients. A research in this area viewed to provide a basis for analyzing the Existing practices and challenges of Physical resource Management in Ethiopian private road construction companies. To achieve these research objectives questionnaire and interview were used to collect relevant data and documents were reviewed. The study involves learning from the related fields of management. A descriptive study, random sampling technique was used to select 14 companies out of the existing 29 companies, representing 48%. Then purposive sampling technique was used to select 42 respondents. The analysis table showed that physical resource management system is lightly addressed. The implications of the findings towards physical resource management system were stated & recommendations are hereby made.