BFSI - IT Project Management

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Transcript of BFSI - IT Project Management

Page 1: BFSI - IT Project Management

Acquisition model : Based on purchasing of services

Business Model : Based on pay for use

Access Model : Over the internet to any device

Access Model : Over the telecom to any device

Technical Mode : Shareable

Facilities deployment of fincloud without the cost and complexity of buying and managing complex system

FINCBS INC.BFSI – IT Program & Project Management

[email protected]

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SCOPE

1 Expertise

LEVEL 1

2Domain

LEVEL 2

3Strategy

STAGE 3

4Process

STAGE 4

PROGRAM & PROJECTMENT MANAGEMENT

BFSI SPECIFIC OUTCOME PROCESS IMPROVEMENT & OPTIMIZATION

BF

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BIFURCATION HERE FOR COMPLETE USAGE HERE

LEV

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FINCBS FINCBS FINCBS FINCBS

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LEVEL

• Value PropositionProject Management- The development of and management to a structured plan for the execution of projects ensures visibility and increases success. By proactively addressing time, cost, scope, quality, resource and risk considerations, the probability of on-time and on-budget project delivery is increased.

• Program Management- When overseeing multiple related projects or a Portfolio of initiatives, Program Management service ensures interdependencies are addressed, program standards are being used across all projects, and the overall health of the Program is being consistently assessed.

1LEVEL 1

2LEVEL 2

3LEVEL 3

4LEVEL 4

1STAGE 1

FINCBS

PROGRAM & PROJECTMENT MANAGEMENT

BF

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LEVEL

Domain – BFSI Specific

Industry experience

FINCBS – Banking Solutions

Robust consultants

Result oriented team Articulation of Project or Program Needs and

Drivers

Development of Work plans with Milestones, Deliverables and Resource Allocation

Weekly Project Status Updates

Formal Project Organization Structure Stakeholder Communication Plan

Issues Tracking Framework

1LEVEL1

2LEVEL 2

3LEVEL 3

4LEVEL 4

2STAGE 2

FINCBS

BFSI Specific

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LEVEL

Planning: Project Charter including key drivers for the Project Project Plan and Schedule including activities, deliverables and

resources Project Team Organization including roles and responsibilities Communication and Change Enablement Plan Execution: Management of activity progress against timeline estimates Management of progress against budget Management of project issues and active stakeholder

communication Management of project interdependencies and relationships

with other initiatives Management of resource loading and client personnel

availability Close-Out: Verification and sign-off of project deliverables Authorization to move to post-project management or to the

next phase as applicable

1FEL 1

2FEL 2

3FEL 3

4FEL 4

3STAGE 3

FINCBS

Outcome

1LEVEL 1

2LEVEL 2

3LEVEL 3

4LEVEL 4

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LEVEL

• Process Improvement & Optimization

• Value PropositionUnderstanding business process steps with the goal of identifying areas of improvement and eliminating inefficiency in order to simplify, integrate and automate. Processes are the key enabler to both effectiveness and efficiency of the IT operation. Both tool selection and organizational alignment should be based on optimized and clearly communicated processes.

•Key Components

• Understand what the process is trying to accomplish • Map Processes

• Categorize Steps as Value Added or Non-Value Added • Identify Improvements

• Define Cost Savings Opportunities • Conduct External Benchmarking Research • Define Recommendations & Action Plan

•Outcome

• Current State Process Flows • Future State Process Flows • Best Practices Gap Analysis • Key Performance Indicators (KPIs) • Continuous Improvement Plan

• Cost Benefit Analysis • External Benchmark Analysis

1LEVEL 1

2LEVEL 2

3LEVEL 3

4LEVEL 4

4LEVEL 4

FINCBS

PROCESS IMPROVEMENT & OPTIMIZATION

BF

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THANK YOU