There are really two major career paths to follow in the world of financial services project management--pursue the role of Corporate Project Manager or Consultant Project Manager. For the latter track, it is broken down further into two roles. In this article, we will examine the pros and cons of being an Independent Consultant.
Projects typically address a problem or opportunity facing the organization. Professionals leading marketing or sales projects must have a solid expertise in leading teams in the process of defining and prioritizing customer wants and needs. Being able to do so successfully ensures that the project will have clarity and trace-ability of its requirements.
Managing projects in a regulated environment.
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In order to better evaluate a career in project management consulting, one should first step back and understand the different types of PM consultant roles. In this second installment in a series of three, we discuss the pros and cons of the firm-based project management consultant--and how they can enhance an organization's strategy.
During this recent expansion within the project management profession, two very distinct career paths have begun to take shape: Corporate Project Manager and Project Management Consultant. This series of articles explores the pros and cons of each path, and further breaks down some of the subtleties within each role to provide insight to those of us evaluating future career options.
Objective Comparison of Project Complexity and Performance of Project Managers in the Banking Environmentby
Evaluation of project manager performance after completion can be a challenging part of any project. Use of objective criteria to measure project complexity should supplement evaluation of scope-time-budget performance and subjective factors. The author provides a comparison matrix, designed for a banking environment, that can be applied to any area of project management. The comparison matrix can also be published to the team, to compare performance with colleagues and for self-evaluation.
This article addresses some of the issues behind replacing legacy core banking systems with functionally and technologically superior systems. These large projects are being done by many banks around the world.
After more than 20 years in the financial services industry, this writer thought he knew exactly what to anticipate moving into his new role as a software vendor project manager. He was wrong...
Like factoring, Asset Based Lending is a big industry and one of the most popular methods of securing commercial-industrial short-term credit. Do you know it and what it can do for you?
E-Commerce has not changed the business rules but increased the complexities. Understanding them and exploiting the possibilities inherent in them are the keys to building competitive advantages.
Notorious for less-than-ideal government efficiency, the District of Columbia turned to PM consultants to put its financial management system in order. The solution and implementation was a SOARing success.
Cashing in on business intelligence presents a wealth of opportunity to the financial services industry.
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