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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/14133

Title: Adoption of project management methodologies in the implementation of successful projects in Financial Institutions: a case study of Bank of Africa- Ghana.
Authors: Obeng-Dapaah, Rhoda
Adinyira, Emmanuel
Keywords: Adoption
Implementation Strategies
Project Management Methodologies
Financial Institutions
Bank of Africa
Issue Date: 24-Jun-2021
Abstract: Bank of Africa - Ghana has been experiencing rapid growth and expansion, necessitating changes in order to maintain a competitive edge. While these changes facilitate development and launch of products, they have also led to the establishment of a Project management office resulting in more vibrant project management activities. The purpose of this study was to assess the Project Management Methodologies adopted by Bank of Africa, Ghana, in implementing its successful projects by firstly identifying the Project Management Methodology (PMM) adopted by the bank. Secondly, the study seeks to compare the expected benefits and the reported benefits of the Project Management Methodology adopted. The study adopted a descriptive case study approach as the study was limited to Bank of Africa – Ghana and as well limited to three successfully completed projects of the bank. Questionnaires were used as well as interviews to collect data from respondents who were the staff of the bank. Microsoft Excel was used in the descriptive analysis for the quantitative data (percentages and frequencies) and thematic matrix analysis for the qualitative data. The findings of the study revealed that Bank of Africa – Ghana had adopted an In-House methodology which is a combination or a hybrid of PMBOK and PRINCE2 methodologies. The study also revealed that the expected and reported benefits were to deliver the projects on time, within budget, to the required quality/standard and to systematically manage project risks. These expected and reported benefits were met and were attributed to the high level of practicing the elements of the adopted Project Management Methodology. It was recommended that Bank of Africa – Ghana implements the In-House methodology effectively by highly practicing all the elements of this methodology to be able to achieve more benefits.
Description: A thesis submitted to the Department of Construction, Technology and Management, Kwame Nkrumah University of Science and Technology, Kumasi in partial fulfilment of the requirements for the award degree of Master of Science in Project Management, 2019.
URI: http://hdl.handle.net/123456789/14133
Appears in Collections:College of Architecture and Planning

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