MIS Project Management at First National Bank

ASSIGNMENT - 1
ONE – BUSINESS CASE
PROJ 6016 EMPLOYER BASED ROJECT
Name of the Student: SHAIK AZEEM
Student ID: 00211933T
Facilitator: Luke Webster
TORRENS UNIVERSITY AUSTRALIA

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Table of Contents
Project Title.........................................................................................................................4
Project Aim..........................................................................................................................4
Project Background.............................................................................................................4
Project Benefits....................................................................................................................5
Project Objectives................................................................................................................5
Project Scope:......................................................................................................................6
Organizational Context....................................................................................................6
Inclusions of the Project:.................................................................................................7
Exclusions of the Project:................................................................................................7
Project Deliverables.........................................................................................................7
Success criteria................................................................................................................8
Resources.........................................................................................................................8
Linkages...........................................................................................................................9
Key performance indicators:........................................................................................9
Proper research:...........................................................................................................9
Education:....................................................................................................................9
Risk Plan..............................................................................................................................9
Assumptions....................................................................................................................9
Budget:.......................................................................................................................10
Time:..........................................................................................................................10
Constraints.....................................................................................................................10
Scope:........................................................................................................................10
Cost:...........................................................................................................................10
Schedule:....................................................................................................................10

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Work Breakdown Structure...............................................................................................10
Timeframe and Milestone:.............................................................................................12
Communication Plan.........................................................................................................12
Other Plans.........................................................................................................................14
Project Team roles:............................................................................................................14
Executive Sponsor:........................................................................................................14
Project Key Contacts:....................................................................................................15
Project manager.........................................................................................................15
Project planner...........................................................................................................15
Financial manager......................................................................................................15
IT manger...................................................................................................................15
HR manger.................................................................................................................15
Review Process:.................................................................................................................16
High level timeline............................................................................................................16
Bibliography......................................................................................................................23
Appendix 1: Gantt chart template......................................................................................25

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Project Title
The title of the project is MIS Project Management at First National Bank in the state of
Ohio.
Project Aim
The project mainly aims to utilize proper portfolio management as well as project
management principles for resolving the problems like improper management, improper
estimation, limited resources, and improper stakeholder management as well improper funding
of the tasks that are faced by the First National bank, during the project planning phase.
Project Background
The paper generally focuses on the “First National Bank” that is considered as one of the
reputed banks in the state of Ohio. It is found that in the year 1992, the organization engages in
launching the information system division during the planning stage of the project. It is found
that the organization faces different types of conflicts while progressing with the planning stage
of the project that helps in reflecting that the management of the organization are not satisfied
with the milestone schedule of the project (Badewi, 2016). The issues that are faced by the
organization mainly includes improper management, improper estimation, limited resources, and
improper stakeholder management as well improper funding of the tasks. In order to resolve the
issues, it is quite important for the management to adopt principles of portfolio management for
organizing the entire within the budget so that the project can be completed within estimated
time constraints (Conforto et al., 2014). In addition to this, it is found that proper stakeholder
management must be able to give appropriate funding for completing the task on time without
any delay. Moreover, the project also requires proper PPM principles for getting proper results.

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Project Benefits
This different types of project outcomes are mainly elaborated below
 The project will be helpful in launching the information system division properly
 The utilization of PPM principles as well as portfolio management principles are helpful
in resolving the issues that is faced during the planning stage of the project.
 The organization will get satisfied with the project that is mainly undertaken.
Project Objectives
The overarching project objectives are:
 Specific: The project mainly aims to utilize PPM and portfolio management principles for
the first time in order to resolve the problems that the organization “First National Bank”
faces during the planning stage of the project.
 Measurable: The goal can be measured by properly acquiring proper skills of managing and
progressing with the project such that the project work can be finished successfully on time
(Costantino, Di Gravio & Nonino, 2015).
 Achievable: The project management team must be trained for gaining proper skills and
knowledge in PPM as well as portfolio management principles for managing the project.
 Relevant: Proper support as well as assistance must be provided such that the team can be
capable of achieving the project goals effectively.
 Timely: It is found that that the entire project must be completed successfully by 3rd June
2019.

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Project Scope:
Organizational Context
The project is considered to be quite important as the project will be helpful in mitigating
the issue that the organization “First National Bank” faces while launching the information
system division during the planning phase of the project. Moreover, it is found that the project
will further helpful in organizing the project within budget so that the needs as well as demands
of the project will be completed within the estimated budget.
Role play:
It is assumed that with the help of appropriate project management practices, skills and
knowledge the project manager will be able to resolve the issues, bank is facing while launching
the Information system (Kerzner, 2017). The assigned role for this project is to bridging the
theories of project management with its practical application. It is determined that if this bridging
is done successfully then issues facing by the bank will be resolved sooner within the assigned
time and budget. In addition to this, it is found that the issues like improper management,
improper estimation, limited resources, and improper stakeholder management as well improper
funding of the tasks will get resolved with the utilization of program and portfolio management
principles within the project.
Details outcome of the project:
With successful accomplishment of the project the First National Bank would be able to
acquire the skills that a project team must achieve before becoming a part of a project. The
project team members will be able to gain enough knowledge and skills as well regarding project
and portfolio management practices (Svejvig & Andersen, 2015). If PPM is followed, then the