1.

4 Objective of the study

1.4.1 General Objective
The general objective of the study is to assess the factors affecting the success of investment
projects in Gondar city administration

1.4.2 Specific objective

The specific objectives of the study seek to attain the following:-
 The effect of internal factors on the success of investment project in the study area.
 The effect of external factors on the success of investment project in the study area.

Finger 2.5.1 Conceptual Framework of Investments projects

INDEPENDENT VARIABLES DEPENDENT VARIABLES

INTERNAL FACTORS INVESTMENT PROJECT
SUCCESS
• Planning effort
1. Efficient /Time
• Over all managerial actions
2. Efficient /Cost
• Competent Project team 3. Quality
• Communication systems 4. Scope
5. Stockholders
EXTERNAL FACTORS satisfaction
• Bureaucratic red tape 6. Job opportunity

• Political instability

• Access to infrastructure facilities

• Access to credit

• Investment Location
 GONDAR UNVERSITY

SCHOOL OF POST GRADUATE STUDIES

COLLEGE OF BUSINESS AND ECONOMICS

DEPARTMENT OF ACCOUNTING AND FINANCE

Dear Respondents, My name is Yichlal Azanaw student in Gondar University, college of Business
and Economics in the department of Accounting and Finance. And, I am undertaking a research
study on “Factors affecting the success of investment projects; the case of Gondar city
administration; Amhara; Ethiopia. The objective of the study is to assess the factors affecting the
success of investment projects in Gondar city administration. The objective of the research is for
academic purpose to achieve my partial fulfillment of masters degree in the field of study stated
above. Therefore, I would like your cooperation in to provide me your crucial information because
it has very high value for the success of this study. I promise that your information will not be
forwarded to any other third parties without your permission.

Thank you very much for your time and cooperation, and looking forward to receiving your
response.

Yours faithfully,

Yichlal Azanaw

Tel: +251918731818

E-mail: yichlalazanaw76@gmail.com
Part I- General Background Information

The questions below are related to your organization and yourself. Please indicate your
Response by ticking ( X or √ ) in the appropriate box and by also filling the blank spaces
Provided as appropriate.

1. Age of the respondent: __________________________________ years?

2. Gender of the respondent? Male Female
3. Educational Background፡ primary school high school collage diploma first degree & above
4. Position of the respondent? Owner only Manager only Owner & Manager others specify-------
5. Experience of the respondent in current position__________________________________ years?
6. Sector of activities that your firm engaged in? trade manufacturing Agro-industry Hotel and

tourism Others service

Part II - Factors of investment project success related questions

Below are numbers of factors identified from Literature review and personal experience, factors affecting the success
of investment Projects. Please think in terms of your organization's experience and /or your knowledge about the
degree of impact and frequency of occurrence of the under listed factors on each indicators of investment projects
success. Please select the best scale that best describe your response by circle the appropriate number and put
Strongly disagree =1 Disagree =2 Neutral=3 Agree =4 and Strongly Agree =5

I. Factors of investment project success

1. Internal Factors
A. Planning effort
1. Well structured and organized planning department in the organization 1 2 3 4 5

2. Highly competent and sufficiently skilled expertise in planning team 1 2 3 4 5

3. All activities of the project (starting from planning to project completion)should be planed 1 2 3 4 5
clearly and sufficiently in planning stage.
4. Every planning tools and all key participants have involved in the detailed project planning 1 2 3 4 5
5. The detailed project plans are understood and accepted by all project team members 1 2 3 4 5
B. Over all managerial actions
1. The project manager has the necessary level of experience, qualification, skill and of 1 2 3 4 5
commitment to the project.
2. Project manager’s competence like (Control systems, Monitoring and feedback and Continuing 1 2 3 4 5
involvement in the project)
3. The project manager collected and analyzed baseline and impact data regularly. 1 2 3 4 5
4. The organization reports the project monitoring and evaluation activities timely for decision 1 2 3 4 5
makers.
5. Project superiors (top management, steering committee etc) are available to the key executors 1 2 3 4 5
 as necessary
6. The project manager and the team members have the ability to handle unexpected problems; 1 2 3 4 5
7. A clearly documented employees mentoring, evaluation and motivation strategies' to run the 1 2 3 4 5
project efficiently and effectively.
C. Competent Project team
1. All Project team members’ morale to complete the project was good. 1 2 3 4 5
2. All project team members are able to allocate sufficient time to the project work. 1 2 3 4 5
3. Sufficient number and quality of team members are available to the project. 1 2 3 4 5
4. Team work (the project team was working together towards a common goal). 1 2 3 4 5
5. Most project team members has trouble shooting (solving unexpected problems) capacity. 1 2 3 4 5
D. Communication systems
1. The organization construct Consistent and well structured form of Information and 1 2 3 4 5
communication system
2. All key project information is gathered and distributed efficiently. 1 2 3 4 5
3. Project participants have an open and efficient way of informing each other as necessary 1 2 3 4 5
4. Relevant data including project progress is provide to key players or stakeholders on time. 1 2 3 4 5
2. External factors
A. bureaucratic red tape

1. Transparency, responsiveness, respecting rules of law and accountability of local 1 2 3 4 5

bureaucracies in applying the government rules and regulations
2. Commitment of local authorities to encourage, support and solve problems related to 1 2 3 4 5
investment projects to ensure effective and efficient operation.
3. delays in getting public services like investment license, bank loans, land, and infrastructure 1 2 3 4 5
utilities due to the bureaucratic red tape?
4. Status of linkage or joint efforts of government institution to provide services for your 1 2 3 4 5
investment project within reasonable and predetermined standard.
B. Political stability
1. Stable political condition of the country or the region (current internal and external political 1 2 3 4 5
condition) to achieve the goal of the project.
2. Less problem of Crime, theft and disorder to smoothly run the project. 1 2 3 4 5
3. Strategically and practically well organized security system in the area. 1 2 3 4 5
4. Public offices run their activities on the rule of law not made unnecessary interference in the 1 2 3 4 5
project movement
C. Infrastructural factors in the project
1. Adequate supply and no disruption of electric power in the project area 1 2 3 4 5
2. Accessible road infrastructure in approved project sites 1 2 3 4 5
3. Adequate water supply in our investment project location. 1 2 3 4 5
4. Availability and Quality of Telecommunication services provisions are adequate and provided 1 2 3 4 5
in high quality.
D. Access to credit
1. Bank creates smooth line of investment credit including less credit procedure and resolve corruption 1 2 3 4 5
accompanied with stringent collateral requirements.
2. Government banks give many investment incentive to our investment projects like low 1 2 3 4 5
interest credit, free collateral requirement etc.
3. No bank paper work/bureaucracy/delay in loan delivery to our project 1 2 3 4 5
 4. Banks have adequate credit/finance to our project 1 2 3 4 5
E. Investment Location
1. Our project location is accessible and short distance to receive raw materials 1 2 3 4 5
2. Our project is high market value (short distance to sell our product or gain of market by 1 2 3 4 5
distance)
3. High availability of skilled and customer attractive labor force 1 2 3 4 5
4. low cost of house rents which is concern the market 1 2 3 4 5
Indicators of project Success
A. Efficient/time
1. The project Schedule, Activity definition, sequencing and resource estimation included in 1 2 3 4 5
project plan.
2. The duration or time limits for the project are clearly estimated in the planning stage 1 2 3 4 5
3. The project activities are completed as specified Schedule of the project 1 2 3 4 5
B. Efficient /Cost/budget
1. Development of work breakdown structure and work package estimate costs. 1 2 3 4 5
2. The cost of the project completely estimated in planning stage of the project. 1 2 3 4 5
3. The finance or budget department determines budget and Control Cost regularly. 1 2 3 4 5
4. The project finally completed as the estimated or planned cost or budget 1 2 3 4 5
C. Quality
1. Overall quality of the project included in planned 1 2 3 4 5
2. The quality assurance of each activities of the project made frequently 1 2 3 4 5
3. The project's end product or implementation will be made as the estimated or planned quality. 1 2 3 4 5
D. Scope
1. The project scope is clearly and briefly defined. 1 2 3 4 5
2. defined the project management plan to satisfy the project specifications, track, review and 1 2 3 4 5
regulate the progress and performance of a project
3. Identify any areas in which changes to the plan are required; initiate the corresponding 1 2 3 4 5
changes Finalize all activities across Process groups to formally close the project or phase
E. Stockholders satisfaction
1. Performance report and related data's timely provided to all Stockholders 1 2 3 4 5
2. High information coordination between owner and project parties 1 2 3 4 5
3. Stockholders highly satisfied in leadership skills for project Manager/Owner. 1 2 3 4 5
F. Job opportunity
1. The project crate large number of new job opportunity for the area 1 2 3 4 5
2. The project is one alternative to permanent and daily workers 1 2 3 4 5
3. The project completed as a full capacity and crates the planed job 1 2 3 4 5
Part II - Additional Opinion of the respondent
If any additional information related to Factors of investment project success please fill your opinion in the
blank space below

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THANK YOU FOR YOUR TIME AND COOPERATION!