A descriptive study on the application of project management tools in organizations in Ghana

Date
2020
Authors
Gyapong, Yaa Korang
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
The introduction of project management tool into firms have catalyzed tremendous increases in the success rates of projects worldwide. The six key processes; Initiation, Planning, Execution, Monitoring, Controlling and Closing, that ensure the effective implementation of all projects have proven time and again to be one of the best guidelines in achieving this feat. Over time, various groups have postulated theories and developed tools that aim to ensure the effective execution of each of these six stages. These tools advanced efficiencies in completing projects, maximize limited resources such as time, human and capital resources, as well as gain a high reputation and standings in society for completing projects [5]. Although these tools in isolation have aided project managers in successfully meeting the triple constraints of time, scope and quality, there still begs a need to push for the practice and use of project management tools in a more deliberate way, that will guide agile project managing companies to achieve their goals. In Ghana today, there is a grave lacking in project management professionalism which has heavily impacted the way projects are executed and managed. McKinsey Digital suggests project cost overruns of about 45% with 56% less value output than expected in large IT firms across the world [1]. This study aims at exploring other implications of and various benefits associated with the use of project management tools in Ghana. I believe that there needs to be a holistic understanding of and presentation of these tools in a manner that best suits the Ghanaian context and culture to ensure that projects are executed professionally. Furthermore I aim at developing a model framework of a holistic project management tool that addresses and guides the six key stages of a project to achieve project success and reduce the level of project failure in Ghana.
Description
Undergraduate thesis submitted to the Department of Computer Science, Ashesi University, in partial fulfillment of Bachelor of Science degree in Management Information Systems, May 2020
Keywords
project management tools, Ghana, business software
Citation