Abstract:
It is assumed that there are certain generally accepted project management practices which
enhance the effectiveness of managing projects which are expected to be distinctive irrespective
of the type of organization or project. Hence, the main purpose of this study is to assess project
management practices in Commercial Nominees Plc using the ten project management
knowledge areas defined by PMBOK. Primary data collection was done by semi- structured
interview; and close ended questionnaire was collected from employees involved in project work
selected in census survey and as to secondary data; related books, articles, journals and
publication from the project office were reviewed. Accordingly, descriptive research design and
quantitative approach were employed in this study. Percentages and mean were used to analyze
the data obtained. The findings of the study showed that, some project management knowledge
areas i.e. Project scope, time, quality, cost, risk and integration management were not effectively
practiced in the project. Correspondingly, project stakeholders, human resource, communication
and procurement management were practiced traditionally even though formal procedures were
not followed as a standard for project management which is due to no professional project
management person was assigned in the project. Thus, this study suggested for the project to
implement project management knowledge areas by following formal procedures based on the
processes under each knowledge areas.
