INFLUENCE OF PROJECT LIFE CYCLE ON INFORMATION AND COMMUNICATION TECHNOLOGY PROJECT PERFORMANCE IN REGULATED SAVINGS AND CREDIT COOPERATIVES

ODHIAMBO Odhiambo Evans, WERE Susan, WABALA Samuel

Abstract


The project is one of the crucial functions in many organizations. Previous studies have revealed several factors that influence project management performance, but this study focused mainly the Project Life Cycle. This central focus of this study was to investigate the influence of project life cycle on ICT projects in regulated Saccos. The specific objectives of the study were to determine the influence of project identification on the performance of ICT projects, to establish the influence of project planning on the performance of ICT projects, to determine the influence of Project execution on performance of ICT projects and to investigate the influence of project closure on the performance of ICT projects. The study was guided by the theory of change, general systems theory, five-phase project model and six phase project model. The study adopted descriptive research design by carrying out a census on all 45 ICT projects in regulated Saccos within Nairobi. The study used primary and secondary data. Pretested questionnaire that contains closed-ended questions were used in collecting primary data. The collected data was edited for consistency and completeness and then coded and entered into SPSS for analysis. Quantitative data was analyzed using descriptive statistics such as frequencies, percentages, mean and standard deviation. Multiple linear regression was used to analyze the relationship between the independent and dependent variables. The descriptive results of the study indicate that there is no statistically significant relationship between project initiation (β=0.048, p<0.05) and project closure (β=0.031, p<0.05) with performance of ICT projects. However, the study found that there is statistically significant relationship between project planning (β=0.095, p<0.05) and project execution (β=0.063, p<0.05) and ICT project performance. The study concludes that the institutions within savings and cooperative societies need to focus on critical activities in all the stages of a project lifecycle. The study suggests that future research need to focus on communication and stakeholder management in ICT projects within the regulated savings and credit cooperatives sector.

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