ASSESSMENT OF PROJECT PROCUREMENT MANAGEMENT PRACTICE IN COMMERCIAL BANK OF ETHIOPIA

Abstract

This study aims to assess project procurement management practice of Commercial Bank of Ethiopia focusing on Building Construction and Maintenance procurement process. The researcher has used descriptive research method and the data collection tool was a closed-end questionnaire. To check the reliability of the questionnaire, a pilot test was conducted and the analysis generated a Cronbach alpha value of 0.935. The sample size of the study was 94 individuals selected through purposive sampling and the response rate was 81.91%. A Questionnaire with 33 items was distributed to employees who are involved in Building Construction and Maintenance procurement practice of the Bank’s projects. A simplified project procurement management practice with procurement planning, tender and seller selection process, procurement administration and closing of procurement is assessed. Based on the assessment responses, each process is leveled on defined scale (very high, high, moderate, low and very low). Accordingly, all the procurement process and overall project procurement management practice of the bank shows a moderate level scale. Therefore, the study gave a recommendation on each procurement process based on the findings.