Assessing Project Management Ineffeciencies on Organisational Performance at Raycom Techonologies Ltd

Abstract

The purpose of this study was to assess project management inefficiencies on organisational performance. There is a higher demand for improved performance of organisations being it profit making or not for profit making organisations. This performance depends largely on effective and efficient implementation of projects in these organisations and this places emphasis on effective project management in business organisations. The study and practice of project management has been identified as an antidote to the challenges confronting project implementation in Ghana; however, projects still continue to fail in this era of project management. In this regard it is imperative to assess project management inefficiencies and its effect on organisational performance and this study was conducted to assess project management inefficiencies in organisations using Raycom Technologies as a case study. The specific objectives considered were to assess the factors which generate project management inefficiencies in Raycom Technologies Limited, to identify the factors which influence organisational performance of Raycom Technologies Limited and to examine the influence of project management inefficiencies on the organisational performance of Raycom Technologies Limited. The methodology used for the study was a descriptive qualitative study which was converted to quantitative data using Likert scale. The sampling technique used was non-probability sampling with specific type being convenience sampling. The study in this regard was analysed quantitatively. The findings revealed that ineffective planning of projects affects project management in Ghana. The conclusion was that project management inefficiencies arise from poor planning and that affects performance of an organisation, it increases cost of projects and lowers the image of the project. It was recommended that project teams in companies should adhere to project timelines to reduce cost of projects and reduces project inefficiencies.