Assessing The Life Cycle Of Projects In Commercial Bank Of Ethiopia Program Management Office

This study aims at assessing the different project management practices and project life cycle in Commercial Bank of Ethiopia. The research aims to assess project management practices across project life cycle/phases in Commercial Bank of Ethiopia-Program management office (CBE-PMO).rnIn order to achieve the objectives of this study; a literature review, unstructured interview and questioner survey was carried out among Project Mangers, Project team leaders and project team members of the organization. A simplified project life cycle/phase with project initiation, planning, execution and closure is selected and assessment on each phase is conducted. Based on the assessment of responses, each life cycle/phase is leveled on a defined scale (very high, high, moderate, low, very low and extremely low). Accordingly, project identification, project formation (both are initiation phase), project planning, project execution and closure score very high, moderate, low, low and moderate respectively. Generally, the assessment of projects lifecycle in CBE-PMO projects score moderate level on the defined scale. This research indicate that performance of the projects start with high level and continues to drop to low level. It implies that much improvement in managing the project is needed after project identification phase. the later stages of the project lifecycle almost indicate low level of project management practice. In addition to improving in each project knowledge areas, the organization is recommended to use standard project management framework such as PMI, Prince2 and so on to manage its projects effectively and efficiently

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