The impact Information Communication Technology on Project Monitoring and Evaluation In Case Of Development Bank of Ethiopia Jimma District

Abstract

Dispute the development banks of Ethiopia, established under a government-approved special Act, provide financial assistance to both public and private sector institutions. They aim to serve the public interest and provide financial assistance to various sectors. This study investigates the role impact of information communication technology on project monitoring and evaluation in devel opment bank of Ethiopia Jimma district. The study focuses on the three main components of ICT: hardware, software, and networks, which have the greatest overall impact on the project. Technological innovations, such as remote sensing, real-time data collection, micro-narratives, intelligent infrastructure, data visualization, data ex haustion, crowdsourcing, and beneficial feedback mechanisms, play a crucial role in project moni toring and evaluation. Explanatory partly causal research design was applied in this study. Since the basic aims Explana tory research method that explores why something occurs when limited information is available. It can help you increase your understanding of a given topic, ascertain how or why a particular phe nomenon is occurring, and predict. Researcher was used the linear regression to assess the impact of information communication technology hardware, software and Network on project monitoring and Evaluation. The results in dicated that some of these hardware, software and Network, positively impact on development bank’s project monitoring Evaluation. The study finds that ICT is insignificant in explaining the objectives of the Development Bank of Ethiopia's companies, but 75.2% can explain the model. The P value is 22.6, indicating full support from ICT, rejecting the null hypothesis. The study analyzed the impact of information and communication technology (ICT) on project monitoring and evaluation in Ethiopia's development bank. It found a strong positive correlation between ICT adoption and project performance. The study also found that ICT significantly affects accuracy in hardware, software, and network processes. Despite its benefits, challenges such as initial installation costs, infrastructure irregularities, inadequate service facilities, and unqualified personnel hinder the full realization of ICT's benefits. The findings highlight the significant role of ICT in project monitoring and evaluation in Ethiopia's development bank.