MONITORING AND EVALUATION PRACTICES AND IMPLEMENTATION OF INFORMATION TECHNOLOGY PROJECTS IN TIER ONE COMMERCIAL BANKS IN NAIROBI CITY COUNTY, KENYA

Cynthia Moraa Maosa, Dr. Anne Marie Wairimu Mungai

Abstract


The concept of project monitoring and evaluation (M&E) has continued to evolve in the last decades which has reflected the paradigm shift as pertains to how projects are managed. The general objective of the study was to determine the effects of monitoring and evaluation practices on implementation of information technology projects in tier one commercial banks in Nairobi City County, Kenya. The specific objectives were to examine the effect of budgeting and monitoring and evaluation staff capacity building on implementation of information technology projects in tier one commercial banks in Nairobi City County, Kenya. The study employed a descriptive research design. The study targeted 307 IT projects, and the project team members were the unit of observation.  Stratified random sampling technique was used to sample of 174 respondents determined using Yamane formula. Questionnaires were used to collect data. A pilot was conducted with 17 respondents. Construct and content validity were used. Cronchbach’s coefficient alpha was used to test validity. Data was collected through drop and pick method. Data was analyzed using SPSS Version 28. Both descriptive and inferential statistics will be use. Data was tabulated. Construct validity was demonstrated with average variance extracted (AVE) values exceeding the threshold of 0.5 for all variables.   The overall combined scale reliability was 0.838 across 31 items, underscoring the robustness of the instrument. These findings confirm that the questionnaire is both valid and reliable, making it a suitable tool for the main study. Findings show that; a strong significant relationship between M&E budgeting and implementation of IT projects in banking sector is (r= 0.725, p-value= 0.000), and  a strong  significant relationship  between monitoring and evaluation staff capacity building and implementation of  IT projects in banking sector is (r= 0.501, p-value= 0.000). The study recommends that there should be appropriate and timely budget allocation for M&E information communication projects in the banks. The banks should set a budget to evaluate the cost of projects M&E as well as involve budgeting professionals in ascertaining the most appropriate budget allocations and disbursements during IT projects. The project managers should be allocated a competent team leader that will utilize their expertise in directing the project to ensure the project is successfully delivered to its owners. 

Key Words: Monitoring and Evaluation Practices, Implementation of Information Technology Projects, Tier One Commercial Banks, Budgeting, Monitoring and Evaluation Staff Capacity Building 


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