THE INFLUENCE OF STAKEHOLDERS MANAGEMENT ON THE SUCCESS OF CONSTRUCTION PROJECTS: THE CASE STUDY ASMELASH AND SON’S CONSTRUCTION COMPANY

Abstract

The study aims to assess the influence of stakeholder management on the success of construction projects in Asmelash and son’s construction projects. More specifically the purpose of this study is directly related to determining the influence of project stakeholder’s engagement; identifying the critical success factors of stakeholder management, evaluating the stakeholder management practice, identify the typical stakeholders, and stakeholder’s communication systems towards the success of construction projects in Asmelash and Son’s Construction Company. The research approaches applied on this specific study are a combination of qualitative and quantitative approaches appropriately. Descriptive research design was conducted towards describing phenomena and summarizing information on this study. The Primary data were collected from twenty respondents and the data was analyzed by using Statistical Package for the Social Science (SPSS) version 26 whereby descriptive statistical outputs were generated, whereas as the sample size of this study is census approaches. The finding of this study’s presents that all the selected independent variables with regard to stakeholder’s managements are critical for the success of projects in the company. Based on the finding this study strongly recommended that the projects management should manage and engage stakeholder throughout the project lifecycle in order to ensure the success of the project in construction projects. It is essential to know that throughout these stages several types of stakeholders are involved at different stages of the project by undertaking different responsibilities and duties in order to ensure their entire goals from the project.