Abstract:
Projects play vital role in implementation of national policies and strategies. That is way World
Bank defined project as building block of development. However, projects can fail because of
uncertainty to the future. Therefore, studying of project failure gives opportunity for learning
from previous mistakes and improve the decision making process. The concept here is to take
advantage of the failure and turn the negative feeling around by analyzing what went wrong and
correcting it for the future. Thus, this study identified the major determinant for failure of DBE
financed projects, measures their significance and proposes the remedy measures. The study
considered 60 projects and 50 participants were selected using simple random sampling method and
the projects were those financed by DBE over the last five years and which are operational from 2014
– 2019 was collected and the result was analyzed using binary logistic models .The finding of this
study portrayed statistical significance of some project specific explanatory variables, such as
marketing problem and manpower recruitment variation in aggravating project failure, but project size
found to play insignificant role in project failure. Moreover, DBE’s project planning capacity,
exchange rate and literacy level are found statistically significant in increasing project failure. Finally,
it was recommended that bank should arrange training for local project managers/owners and make
stick follow–up on the implementation of the project as per the scheduleresearc
