Assessing the relationship between Project Management Maturity and Competitiveness: The Case of Commercial Bank of Ethiopia

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Date

2017-06-20

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Addis Ababa University

Abstract

These days, more and more enterprises are adopting and relying upon project management to secure a competitive advantage; and when project management becomes the dominant way through which the work these enterprises is accomplished, organizations strive to become good at delivering projects successfully. In order to improve project performance and project management maturity, organizations are considering adopting a project management maturity models which help them to enhance their project management processes and show them which area the organization should focus its efforts to improve its projects and become competitive in their industry. Thus, this study assesses the relationship between project management maturity and competitiveness in the case of Commercial Bank of Ethiopia (CBE). Descriptive survey design was used for the study which had Project Managers and Project team leaders of the CBE projects as the population for the study. Primary data was used for the study, and the data was collected using a questionnaire. Quantitative data analysis technique was used to analyze the data. Quantitative data collected were analyzed using descriptive statistics such as means, standard deviations, and Correlation, then presented in form of tables, pie-charts and bar-graphs where applicable. The study established that there is a statistically significant positive relationship between project management maturity (PMM) and organizational competitiveness but not with all project management knowledge areas. Furthermore, an increasing project management maturity improves the speed and quality services, as well as the competitiveness of an organization's. Therefore PMM efforts are crucial for the competitiveness of the Commercial Bank of Ethiopia

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Keywords

project management, project management maturity, competitiveness

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