Assessment Of Practice And Challenges Of Project Planning In Commercial Bank Of Ethiopia
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Date
2019-09
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Addis Ababa University
Abstract
The study assesses the practice and challenges of project planning in the Commercial
Bank of Ethiopia. The study was conducted based on the data gathered from commercial
bank of Ethiopia project management office. Since the number of the staffs of project
management office is manageable, census is used. A mixed research approach was
employed to answer the research questions that emerged through the review of existing
literature. The data obtained through questionnaire has been analyzed using descriptive
statistics. To acquire the intended information the researcher used structurally designed
questionnaire. The result of the study indicated that most of the projects planning
processes are practiced poorly in commercial bank of Ethiopia. The finding also reveals
the major challenges that the Commercial Bank of Ethiopia faces in the project planning
process. These are: Lack of adequate and effective project time management, lack of
integration between projects, lack of experienced project managers, lack of qualified and
experienced project teams, lack of project management training, inefficient and
insufficient communication between project managers and team member and absence of
documenting lessons learned and best practices. The study recommended the bank more
effort should be made at the planning stage of the project, more advanced project
planning tools and techniques should be applied while preparing the project plan, the
Project management offices need to have project planning department to conduct the
project planning activities and to provide training about project planning practice to
project managers and project team members on regular basis.
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Keywords
project planning practice, challenge of project planning, commercial bank of Ethiopia