Analyzing Factors That Determine Project Success: In The Case of ACOS Ethiopia Private Limited Company

Abstract

Project success objectives in compliance with constraints of cost, time and performance is insufficient to determine projects' success. This research study was conducted with the objective of analyzing on the strategic focus, the people and the marketing factors on private company’s project success factors. Furthermore, it attempted to identify the involvement of stakeholder’s, competency of project teams, top management involvement and communication through meta-analysis of previous literature and tried to determine the relationship between those attributes and project success. Descriptive and explanatory research design was applied for this research. For data collection self-administrative questionnaires was prepared and distributed for 85 project team members and top managements that was drawn through purposive sampling method. The finding of the study identified the problems and the practices of ACOS PLC. The top management practices were reassuring, also communication and stakeholder participation seemed to have a great impact on the success of project. Communication proved to be vital for the success of projects in ACOS PLC. The study concludes and recommends that more researches should be steered towards private companies and how they conduct a project.