Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia

The increasing complexity of project management in financial institutions re-quires flexible and adaptive approaches. Agile methodologies have emerged as a popular alternative to traditional project management approaches that help organizations respond effectively to changing business environments....

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Päätekijä: Ermiychuk, Irina
Muut tekijät: Informaatioteknologian tiedekunta, Faculty of Information Technology, Jyväskylän yliopisto, University of Jyväskylä
Aineistotyyppi: Pro gradu
Kieli:eng
Julkaistu: 2025
Aiheet:
Linkit: https://jyx.jyu.fi/handle/123456789/103582
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author Ermiychuk, Irina
author2 Informaatioteknologian tiedekunta Faculty of Information Technology Jyväskylän yliopisto University of Jyväskylä
author_facet Ermiychuk, Irina Informaatioteknologian tiedekunta Faculty of Information Technology Jyväskylän yliopisto University of Jyväskylä Ermiychuk, Irina Informaatioteknologian tiedekunta Faculty of Information Technology Jyväskylän yliopisto University of Jyväskylä
author_sort Ermiychuk, Irina
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description The increasing complexity of project management in financial institutions re-quires flexible and adaptive approaches. Agile methodologies have emerged as a popular alternative to traditional project management approaches that help organizations respond effectively to changing business environments. This thesis aims to examine the implementation of Agile methodologies at Alfa-Bank JSC, Russia, and evaluate how they have impacted project efficiency, stakeholder engagement, and organizational performance. This research uses a case study approach to examine Alfa-Bank’s internal reports, financial state-ments, and Agile implementation strategies from 2021 to 2024. The study is supported by a content analysis that provides a theoretical framework for Ag-ile practices in banking. Project performance indicators, financial measures, and organizational changes are compared before and after the adoption of Ag-ile. The results indicate that the Agile approach at Alfa-Bank enhanced project flexibility, improved communication and integration among teams, and in-creased decision-making speed. However, some issues were revealed during the study, including resistance to change, the problem of integration with cur-rent banking regulations, and limited resources. The study is consistent with the findings of previous research that highlights the effectiveness of Agile methodologies in improving project management processes in financial ser-vices organizations and addresses the importance of strategic planning, lead-ership, and organizational flexibility for successful Agile implementation. To this end, this research adds to the existing body of knowledge on Agile project management in banking and provides practice recommendations that can help other financial institutions achieve better project outcomes through Agile ap-proaches. Keywords: Agile project management, Scrum, financial sector, Alfa-Bank, banking innovation.
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Agile methodologies have emerged as a popular alternative to traditional project management approaches that help organizations respond effectively to changing business environments. This thesis aims to examine the implementation of Agile methodologies at Alfa-Bank JSC, Russia, and evaluate how they have impacted project efficiency, stakeholder engagement, and organizational performance. This research uses a case study approach to examine Alfa-Bank\u2019s internal reports, financial state-ments, and Agile implementation strategies from 2021 to 2024. The study is supported by a content analysis that provides a theoretical framework for Ag-ile practices in banking. Project performance indicators, financial measures, and organizational changes are compared before and after the adoption of Ag-ile. The results indicate that the Agile approach at Alfa-Bank enhanced project flexibility, improved communication and integration among teams, and in-creased decision-making speed. However, some issues were revealed during the study, including resistance to change, the problem of integration with cur-rent banking regulations, and limited resources. The study is consistent with the findings of previous research that highlights the effectiveness of Agile methodologies in improving project management processes in financial ser-vices organizations and addresses the importance of strategic planning, lead-ership, and organizational flexibility for successful Agile implementation. 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spellingShingle Ermiychuk, Irina Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia Master's Degree Programme in Information Systems
title Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia
title_full Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia
title_fullStr Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia
title_full_unstemmed Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia
title_short Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia
title_sort optimizing project outcomes through agile methodologies a case study of alfa bank jsc russia
title_txtP Optimizing project outcomes through agile methodologies: A case study of «Alfa-Bank» JSC Russia
topic Master's Degree Programme in Information Systems
topic_facet Master's Degree Programme in Information Systems
url https://jyx.jyu.fi/handle/123456789/103582 http://www.urn.fi/URN:NBN:fi:jyu-202506165392
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