Project planning and the performance of information technology projects. Limits and possibilities

Research Paper (undergraduate) from the year 2018 in the subject Business economics - Supply, Production, Logistics, grade: 3.96, , course: Project Management, language: English, abstract: The broad objective of the study was to analyse the effect of project planning processes on performance of IT projects in CBE. Furthermore, this study will examine the impact of effective planning processes on quality of IT projects in CBE, analyse the impact of effective planning processes on IT project completion time in CBE and to investigate the impact of effective planning processes on IT project completion cost in CBE. In addition, this study aimed to fill the gap by answering the following research questions: What is the role of planning processes on quality of IT projects in CBE? What is the role of planning processes on IT project completion time in CBE? What is the role of effective planning processes on IT project completion cost in CBE? Projects play a major role in the economic development of a country. They are the building blocks for generating additional capital and for ensuring a flow of goods and services. The objective of the project management is to realize the planned project objectives and its project management has different phases and processes within it. Each phase contains rigorous and comprehensive activities to be performed. The success of any project is measured by its completion time, within the budget cost and meets the planned performance based on the initial plan. Therefore, planning has an important role on the project success. To accomplish all these projects successfully, each of them must undergo different phases where the level of efforts and impacts to the project success depends on the phases. Previous research has indicated inadequate project planning and analysis is one of the reasons for project failure. Moreover, research discovered that there is positive correlation between project planning effort and project success. According to their study findings there is a high correlation between the planning efforts and overall project success. Although their studies have considered many factors that influence project outcomes, but planning was mentioned as an important factor for project success.