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Essay / Research Paper Abstract
A 6 page paper discussing management issues that should be considered by the bank changing its Internet vendors. The greatest benefit is that the bank is able to build for the future in the process of meeting current needs. Accurate identification of needs and risks contributes to the likelihood that the project will be completed on time and that the resulting system will be the one that the bank set out to achieve. Bibliography lists 3 sources.
Page Count:
6 pages (~225 words per page)
File: CC6_KSbankISPchg.rtf
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Unformatted sample text from the term paper:
has a well-developed electronic banking base, but it has reached the point that its current Internet vendor does not have the capabilities necessary for the bank to move forward in
further development of its online banking programs. The bank has a defined plan of what it wants to do, where it wants to
go and how it wants to accomplish its purposes in expanding its online banking services. Changing Internet vendors will be a complex project, but it is a necessary one
if the bank is going to reach the goals it has established for itself. The purpose here is to address the management issues associated with this project. Management Issues
Management of the project begins with assessing current conditions; current and future needs; and current business processes, at minimum. Attention to these
issues in the past may have enabled the bank to avoid the present need to make sweeping changes; rectifying that error now can prevent the need of repeating the complex
and costly process of making such broad changes in the future. Communication is the key to building a successful project team. It
is the responsibility of the project manager to ensure that everyone involved is on the same page. All project team members should have a clear idea of the end
goals of the project and the reasons that certain processes are retained while others are abandoned or materially altered. The primary goal of
the project manager appears to be bringing the project in on schedule and within budget, but that event is only the result of successful attainment of the real goal of
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