AN ASSESSMENT OF PROJECT TIME MANAGEMENT PRACTICES AND ITS EFFECT ON PROJECT PERFORMANCE IN THE CASE OF NOAH REAL ESTATE

Abstract

This study aimed to assess the project time management practices employed by Noah Real Estate in Addis Ababa, Ethiopia. A mixed-methods research approach was used, combining both qualitative and quantitative data collection and analysis methods. The study focused on assessing the use of scheduling tools, schedule tracking and control, time estimation techniques, resource allocation and leveling, project cost performance, project quality, and stakeholders' satisfaction. A total of 45 respondents participated in the study, includingXIII project managers, site engineers, consultants, team leaders, and human resource managers. The results revealed that while there is evidence of the use of various scheduling tools, such as schedule network analysis, leads and lags technique, graphic representation, critical path analysis, and schedule compression, there is also room for improvement in terms of adopting more effective practices. The study found that the majority of respondents disagreed that Critical Path Method (CPM) has been used in Noah Real Estate. However, there was a strong positive attitude towards the use of graphic representation for projects. The study also found that project performance review and trend analysis are not made at regular intervals in Noah Real Estate. Resource optimization techniques are also not widely used in the organization. Earned value/EV/ analysis is also not commonly used in controlling projects. The study's findings provide valuable insights into the project time management practices employed by Noah Real Estate in Addis Ababa, Ethiopia. The results highlight the need for improvement in terms of adopting more effective scheduling tools and practices to ensure successful project delivery. According to the Durbin-Watson test results the value of 2.084 falls within the range of 1.5 to 2.5, indicating that there is no significant autocorrelation between the residuals. This suggests that the residuals are not correlated with each other, and the model is free from serial correlation. Based on the ANOVA table, it appears that the research has found a statistically significant relationship between the independent variables (Resource Allocation and leveling. The study's findings can inform strategies for improving project time management practices in similar organizations. Overall, this study contributes to the body of knowledge on project time management practices in Ethiopia by providing an assessment of the current state of practice in Noah Real Estate. The study's findings can inform policy makers, researchers, and practitioners on the importance of adopting effective project time management practices to ensure successful project delivery.