Aligning PMBOK and COBIT for Project Management in Banking Industry: Case Study of BankXYZ

Abstract

Bank XYZ is a well-known financial organization that faces problems related to the application of IT governance and project management practices. The problem that faced Bank XYZ is some policy related with IT governance, it is formed in an ad hoc manner as a result of years of implementing IT and learning from experiences. To improvement the IT project management with standard this research used COBIT6. Thus, this exploratory research was conducted to identify the alignment of IT project management with business objectives in the organization by combining COBIT5 and PMBOK6 best practices. This result used interview and secondary data such as document to collect the data at Bank XYZ. There is 7 from total of the quantity from 4 respondents at Bank XYZ. Result of this research is the project management practice Bank XYZ Should fulfilled 5 activity output process group PMBOK. The output that Bank XYZ should be consider are plan WBS, sequences activity, plan communication engagement, develop project management plan, and plan quality management.