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Agile project management in South African financial service organisation: a case study

Financial service organisations have traditionally utilised conventional project management approaches to execute software projects. However, with the emergence of the agile methodology, there has been a growing transition among these organisations towards adopting agile project management (APM) pra...

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Main Author: Mhlanga, Success Siphesihle
Other Authors: Rivett, Ulrike
Format: Thesis
Language:English
English
Published: Department of Information Systems 2026
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access_status_str Open Access
author Mhlanga, Success Siphesihle
author2 Rivett, Ulrike
author_browse Mhlanga, Success Siphesihle
Rivett, Ulrike
author_facet Rivett, Ulrike
Mhlanga, Success Siphesihle
author_sort Mhlanga, Success Siphesihle
collection Thesis
description Financial service organisations have traditionally utilised conventional project management approaches to execute software projects. However, with the emergence of the agile methodology, there has been a growing transition among these organisations towards adopting agile project management (APM) practices. Scholars in the field have pointed out that traditional project management approaches are inadequate in meeting the dynamic demands of the financial service sector. This observation helps to explain the industry's inclination towards alternative approaches. The increasing trend of organisations embracing Agile Project Management (APM) highlights a pressing need to rethink the delivery mechanisms for software development projects. Previous studies have focused on documenting employees' experiences during an agile transition, but there is a need for further examination of the experiences of management. This study analysed the perceptions of managers in a financial service organisation during an APM transition. Utilising a case study methodology, perceptions, and experiences of 14 managers were analysed using a qualitative research paradigm. The study showed that the financial service organisation transitioned to leverage the benefits of agile such as incremental delivery, reaching the market faster, gaining visibility on the product output, and increasing transparency. The findings revealed that value was immediately created by increasing visibility and transparency, meeting customer demands, and quantifying return on investment. Some managers associated “walking the agile journey together” with the different levels of management as a positive attribute towards transitioning. The study found that executive management influenced decisions and drove change throughout the transition process. Additionally, a relationship between resistance to change and the absence of a change management plan was identified. The absence of a clear and communicated change management plan contributed to frustrations in persuasion, which resulted in some employees leaving the organisation. This study suggests that further research is needed to examine the consequences of transitioning without a change management plan.
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institution University of Cape Town (South Africa)
language English
eng
last_indexed 2026-06-10T12:31:50.330Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2026
publishDateRange 2026
publishDateSort 2026
publisher Department of Information Systems
publisherStr Department of Information Systems
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/43200 Agile project management in South African financial service organisation: a case study Mhlanga, Success Siphesihle Rivett, Ulrike agile project management agile Financial service organisations have traditionally utilised conventional project management approaches to execute software projects. However, with the emergence of the agile methodology, there has been a growing transition among these organisations towards adopting agile project management (APM) practices. Scholars in the field have pointed out that traditional project management approaches are inadequate in meeting the dynamic demands of the financial service sector. This observation helps to explain the industry's inclination towards alternative approaches. The increasing trend of organisations embracing Agile Project Management (APM) highlights a pressing need to rethink the delivery mechanisms for software development projects. Previous studies have focused on documenting employees' experiences during an agile transition, but there is a need for further examination of the experiences of management. This study analysed the perceptions of managers in a financial service organisation during an APM transition. Utilising a case study methodology, perceptions, and experiences of 14 managers were analysed using a qualitative research paradigm. The study showed that the financial service organisation transitioned to leverage the benefits of agile such as incremental delivery, reaching the market faster, gaining visibility on the product output, and increasing transparency. The findings revealed that value was immediately created by increasing visibility and transparency, meeting customer demands, and quantifying return on investment. Some managers associated “walking the agile journey together” with the different levels of management as a positive attribute towards transitioning. The study found that executive management influenced decisions and drove change throughout the transition process. Additionally, a relationship between resistance to change and the absence of a change management plan was identified. The absence of a clear and communicated change management plan contributed to frustrations in persuasion, which resulted in some employees leaving the organisation. This study suggests that further research is needed to examine the consequences of transitioning without a change management plan. 2026-05-07T12:23:27Z 2026-05-07T12:23:27Z 2023 2026-05-07T12:19:01Z Thesis / Dissertation Masters Masters http://hdl.handle.net/11427/43200 en eng application/pdf Department of Information Systems Faculty of Commerce University of Cape Town
spellingShingle agile project management
agile
Mhlanga, Success Siphesihle
Agile project management in South African financial service organisation: a case study
thesis_degree_str Master's
title Agile project management in South African financial service organisation: a case study
title_full Agile project management in South African financial service organisation: a case study
title_fullStr Agile project management in South African financial service organisation: a case study
title_full_unstemmed Agile project management in South African financial service organisation: a case study
title_short Agile project management in South African financial service organisation: a case study
title_sort agile project management in south african financial service organisation a case study
topic agile project management
agile
url http://hdl.handle.net/11427/43200
work_keys_str_mv AT mhlangasuccesssiphesihle agileprojectmanagementinsouthafricanfinancialserviceorganisationacasestudy