Abstract:
Purpose- This research aims at investigating the effect of agile project
management on cost, time, and productivity. Deductive in nature, this study
scrutinizes the effect of adopting agile processes in the Lebanese IT sector.
Design/methodology/approach - The study follows a deductive analytical
approach to test three hypotheses formulated in accordance to the existing body
of knowledge. The proposed relationships focus on the potential causal effect of
a short-cycled work breakdown structure, the adaptability to change, receiving
feedback from customers and employees, and collaboration on cost savings,
wasted time, and employee productivity. Quantitative data was collected
through the use of a questionnaire. The random sample for the study consists of
353 respondents who are familiar with agile processes. The data was analyzed
via multiple linear regression modelling and statistical results were featured and
analyzed leading to testing the proposed hypotheses.
Findings - The results show that agile processes have a significant effect on the
three variables of wasted time, cost, and productivity. The adoption of shortcycled
work-breakdown structures and ability to exert changes were found to
significantly impact all three dependent variables of cost savings, wasted time,
and productivity. Moreover, productivity was affected by two additional
independent variables, feedback from customers and collaboration.
Research limitations/implications - The speed of response acquisition was
impeded by the COVID-19 pandemic, which also resulted in the inability of
conducting in-person interviews. Furthermore, it was hard to reach a larger
number of participants, as the number of individuals who are familiarized with
agile processes is somewhat limited. There were no cost-induced limitations,
however, the needed time to complete the research was relatively tight, and
further temporal delays were incurred due to personal circumstances. However,
this study builds upon the findings of previous studies that have explored agile
processes. It provides insights into the benefits of applying agile practices
specifically in the Lebanese IT sector.
Practical implications - The study offers insights to managers looking forward
to enhancing their work through achieving cost savings, reducing wasted time
and improving their team productivity showing that the application of agile
practices to their daily project management helps them reach the aforementioned
goals.
Originality/value – This study could be one of the first studies tackling the
adoption of agile practices and their benefits in the Lebanese IT sector. Knowing
that the agile methodology is still considered a new approach in project
management, it offers a solid evidence or example of the benefits of using agile practices for people wishing to achieve cost-savings, wasted-time reductions and
team productivity enhancement in project management.
Description:
M.B.A -- Faculty of Business Administration and Economics, Notre Dame University, Louaize, 2022; "A thesis submitted in partial fulfillment of the requirements for the degree of the Master of Business Administration"; Includes bibliographical references (pages 100-106)