Abstract:
Good Project management is the most important for the success of secondary livestock market project
implementation. Thus, the study was carried out in the Borana Zone, southern Oromia, Ethiopia aiming
at investigating factors affecting the implementation of secondary livestock market. Quantitative and
qualitative research approach and descriptive as well as explanatory research design were used. Data
related factors affecting livestock market project implementation were collected using 100 respondents
through structured questionnaire. Data collected were analyzed using descriptive statistical tools such as
percentages, mean and standard deviation and inferential statistical tools such as multiple regression
analysis and ANOVA. Prior to the real data analysis testing the reliability and validity using Cronbach’s
alpha as well as the multicollinearity and normality were performed. From this study eight success factors
were identified. Such as time management, commitment of staffs, stakeholder’s identification, team work,
potential stakeholder identification, the presence of appropriate integration and interferences, the
importance of monitoring and evaluation system, regular data collection and report were identified to be
strongly correlated with project success. These success factors were then being ranked in terms of mean
rankings. On the basis of the responses received, the top three common success factors most perceived by
project managers of secondary livestock market in the study were time and finance management.
Moreover, Most of the respondents agreed on the importance of projects related to livestock market in
general and in the pastoral areas where the infrastructure for livestock breeding and transporting is poor
particular. The results give clear picture of the role of the successful completion of secondary livestock
market that might help to increase the income of pastoralists stimulating them to sell more animals and
invest their money in other more stable assets, and support to maximize the national foreign currency.