Abstract:
Project is the building block of economy that nations establish it up on either problem
or opportunity. But the delay in projects has negative consequences to the
organization as well as to the nation. This study therefore intended to explore the
determining factors for implementation delay and loan recovery of the projects in
Development bank of Ethiopia at South west Addis Ababa DistrictThe design used by
the study was the mix of descriptive and explanatory. The researcher used samples
taken from project financed from year 2017-2022 by Development bank of Ethiopia
South west Addis Ababa District. The objective of this study is to identify the major
determinants of project implementation delay and loan recovery. The research
targeted projects financed by the Development Bank of Ethiopia. The independent
variables causing project implementation delay are project owners, Project
management, project cost escalation, Developmental Bank of Ethiopia related factors,
external factors related, and sex (Male), and the dependent variable is project delay.
The study considered 13 projects through stratified sampling method from projects
financed by the DevelopmentBank. Of Ethiopia Data were collected from randomly
selected Bank manager, banks employeesresponse using structured questionnaire
surveys and secondary data were also used. Data were analyzed using linear
regression method,showed that the hypothesized predicting variable explain 71%
variation in the dependent variable is explained by the independent variables
According to the findings, a strong, positive and significant relationship was observed
between delay factors considered as independent variables and project delay. Among
the six delay factors project owners, Project management, project cost escalation,
Developmental Bank of Ethiopia related factors, external factors related, and sex
(Male), wasidentified and concluded as the determinants with the highest influence on
project completion delay. So that any business initiators should select project those
are more familiar and interesting for them and scope of project should be established,
controlled and must be clearly defined and be limited.
