| Abstract: | The Zemen Bank HQ Building Constructions is the one among high rising banks’ HQ building
construction projects in Addis Ababa city which the shareholders of the bank’s, the staffs and the
public was anticipating to see its completion on time. The project is undertaken by China Wu Yi.
Co LTD one of the top 250 international contractors. Zemen Bank HQ building construction
project was launched in 2017 and planned to complete within five years in 2022. This study was
conducted to reveal the determinant factors that caused the delay of the project. It draws on
various literatures conducted on delay of project progress. A descriptive research design was
followed to quantitatively find the causes and rank them as per their importance. Data were
gathered both from primary and secondary sources through a questionnaire survey, semistructured interview and documents’ scanning. In the survey stratified 33 respondents were
participated representing the three major stakeholders: the client, the consultant and the
contractor. The study used the Relative Importance Index (RII) for ranking the causes of the delay
of the project. The survey findings indicated that the top ten factors that caused the project’s delay
are: (1) Delays in payments of completed work by owner, (2) Inflexibility of consultant, (3)
Financial Constraint, (4) Late Delivery because of late LC approval, (5) Slowness in approving
drawing & material samples by the consultant, (6) Space limitations at site for temporary &
permanent equipment, (7) Escalation of material prices, (8) Slow process of material selection,
(9) Communication barriers faced by consultant and (10) Total quality management by consultant.
As a result of the study all major project stakeholders involve in the causes of delay of the projects
specially the most significant and influential factor that causes project delay was payment for
completed works. Finally, based on the findings of the study, recommendations were made for all
major stakeholders of the project for their experience to other future projects. Hence the
influential factor is associated with payment for completed works the client, consultant and
contractor should give prior concern to improve the fast effectiveness of payments for completed
works |
