Assessment On Project Portfolio Management Approaches Implementation Practice The Case Of It Projects In Bank Of Abyssinia
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Date
2020-06
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Addis Ababa University
Abstract
The purpose of this study were identifying challenges of developing the Project Portfolio
Management approaches and evaluates organizations effort to adopt project portfolio
management approach on IT projects at Bank of Abyssinia. Works of literature were reviewed
based on PPM process groups and investigate the practice and challenges of the case
organization to the way of developing a project portfolio management approach in the realty. To
attain it; descriptive research design was employed and both primary and secondary were used
as data sources. Questionnaire for all staff of IT programs of case organization and an interview
for selected top managers was as a source of primary data; while, document analysis and
website were secondary data collection instruments. The data that found through the
questionnaire was analyzed quantitatively using descriptive statistics through SPSS software
version 23; based on the literature review and the data that will attain using interviews and an
open-ended questionnaire was analyzed qualitatively. Accordingly; organizations practice on
project portfolio management process groups’ development was found to be satisfactory; even
there are many downsides under each process group. So the study result found that; each
process groups was not effectively employed and a direct responsible department to sustain best
practice and improve drawback wasn’t existed. The main challenging factor that hinders for the
full utilization of such approaches according to the research result were: ineffective human
resource management practice; problems to adopt new work culture; inadequacy of knowledge
and experience; unproductive project management; lack common understanding and inadequate
shared vision. For tackling such problem the case organization have to be establishing separated
responsible department and improve the skill of existing parties partially responsible for it.
Besides; developing procedure and criteria for recruitment of team members and build
permanent experienced employees for project works are the recommended solution for such
problems.
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Keywords
Program management, Project Portfolio management, Strategies, Implementation