The Relationship Between Project Time Management Practices And Project Success The Case Of IT Projects In Bank Of Abyssinia
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Date
2018-01-18
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Addis Ababa University
Abstract
The relationship between project time management practices and project success has been examined by various researchers. This research could also be added to that collection. The study set out to unearth the relationship between project time management and project success, by defining both on the basis of time, cost and quality, and taking Bank of Abyssinia as the case study. Both primary and secondary data were used. The research employed quantitative research methods to realize the purpose of the study. Hence, a questionnaire, which was adopted from PMBOK, was devised and data were collected from 50 respondents out of the total distributed to 50 respondents. The data were analyzed using SPSS version 25. In addition, annual and quarter reports of result management office of the Bank of Abyssinia were scrutinized to compliment the responses (BoA, IT project team members, result management office staffs and staffs of IT Department). Project success indicators such as time, cost and quality were correlated to the respondent’s ratings of the organization’s project time management practices using Pearson’s Correlation Coefficient. The results from the study show that there is a positive relationship between project success and project time management practices. The study enabled the researcher to conclude that the project time management practices are being practiced with relatively low level at the Bank of Abyssinia. Furthermore, developing and practicing project time management knowledge areas; devising procedures; carefully collecting, compiling and disseminating lessons learned from past project implementation; creating project management standards; and creating awareness among all stakeholders towards projects; strengthening the result management office’s human and other resources; and providing trainings have been recommended as a means of improving project time management practices and attaining higher project success.
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Keywords
Project, Project Time Management, Project Success