Meezan Bank

Sa’ad Ashraf 1011232 Ahmed Hasan Aziz 1011210

Mohammad Bilal 1011342

Introduction Started it’s operation in 2002

Fastest growing bank

Offers a range of personal and corporate Islamic

banking products and services

With a Retail banking network of over 280

branches in 88 cities

Operates strictly under the principles of Islamic

Shariah

Types Of Projects IT Projects

Marketing Projects

Product Development

Advisory & Structure development for

other financial institutions

Existence Of PMO PMO exists only for IT Projects.

Project Management Process PM BOK Standard adopted ISO 21500 Standard

Process Group DiscussionInitialization

IT Projects are approved once the

Business Case is approved with baseline costing,

Identified key stakeholders and an approved project

charter

The Business Case is developed by a Project

Steering Committee and presented to the IT Steering

Committee and Senior Management (Sponsors)

The Business Case must include a

Financial feasibility

Baselines for each constraint

Add value to a business / strategic objective

Planning A Project Manager is assigned to the project

The identification and creation of a Project Team

A signed Project Scope and Service Level Agreement

is developed and signed followed by Baseline plans.

Project breakup into phases and deliveries and

further brake-up of each phase into a sub-project

plans and further into measurable activities

A team is developed and signed up for required

trainings / development courses / assigned materials

Execution Executed by Project Team

Managed by Project manager & Project management team

All change requests are approved via a Change Control

Board via a Change Management system (IBM – TIVOLI

CCMDB)

All coordination is documented

And all project management documents are updated and

made available on a portal for the project team / project

management team. (IBM WEBSPHERE PORTAL)

Monitoring & Control Project is overseen by the PMO which ensures the project follows

the provided guidelines, standards and provides the required

status updates, risk reports and reports.

All project phases undergo a QA cycle and User Acceptance

Testing before delivery / deployment.

Financial costs are controlled and monitored by the Project

management team to manage within the approved budget.

Additional budgets are approved via the sponsor.

Stakeholder management is the responsibility of the Project

management team alone

Closing Places all project documents in the knowledge

base / repository

And hands over approved signed acceptance

documents to operations team for further operations

and administration of the system.

Documents Created For Project Management By Meezan Bank

Project Management Plan Stakeholder Management Plan Risk Management Plan Communication Plan

Stakeholder Matrix Project Scope Statement Project Charter RACI Chart Project Plan Financial Analysis / ROI Technical Analysis (Weight-age model) Strategy Management Plan

Difficulties In Managing Projects

Maintaining the boundaries of the scope

Unrealistic / Incorrect Expectations of

stakeholders

External partners / dependent resources

and services inputs.

Example Of A Failed Project & Reason For Failure

Implementation of a multiple IT Projects

which are in operation but have not fulfilled

the business objective originally expected /

required.

Reason of Failure

Lack of key stakeholders commitment to

project

Uncontrolled scope

Lack of monitoring by PMO (non-existence of

PMO)

Overlapping roles and responsibilities of

stakeholders (no one accountable)

Lack of planning and monitoring to speed up

completion of project

Technology Used For Project Management By Meezan Bank

Change and Configuration Management

System

Project Management Tools

Collaboration & Project Communication

Tools

Knowledge Base & Document Management

System

Recommendation Recent creation of a PMO and induction of PMP Certified

Project Managers

Implementation of PM Standards

Training and development of project team on PM

standards to understand the PM cycle and Project Cycle

Creation of Project Steering committees (PSC) for each

project to be taken to the IT Steering committee (ITSC)

Inclusion of business stakeholders in PSC

Implementation of a Change control board for the

project changes

Assignment of PM to a project during development of

Project Charter

THANK YOU

PAKISTAN