We have risk registers, risk workshops and other options. Yet many projects are still derailed by risks that result in delays, loss and public criticism. Big Data—a term that took off in the 2000s—is part of the answer.
Accelerating Innovation: Launching or Partnering with a University-affiliated Proof of Concept Gap Funding Program
Proof of Concept (POC) gap funding programs evaluate commercial potential, demonstrate the value, and generally de-risk (or perception of risk) the project to commercial partners or investors. You can use the information in this webinar to share internally to begin dialogue and create momentum around external partnership and funding models for future innovation
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The financial planning of projects contemplates the use of one’s own capital, the capital of third parties and also funding. This is an analysis of the application of resources in projects.
There is no reason to suggest that financial technology companies are a real threat to the future of large financial corporations. But how has FinTech driven the future of the financial sector—and how have traditional and established corporations responded to these threats?
The future of banking is digital. Yet despite the rapidly growing demand for online products and services, many U.S. and European retail banks have struggled to fund the projects necessary to modernize all front- and back-office operations. It’s not just about digitizing loan applications to speed up the approval process. Transitioning from legacy systems at individual bank branches to one digital system spanning the entire organization has proven especially difficult.
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.
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?
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