Project Management .

Running head: PROJECT MANAGEMENT
Project Management
[Name of the Student]
[Name of the University]
[Author note]

1PROJECT MANAGEMENT
The project is aimed at developing a Corporate Database for the First National bank
so as to incorporate it in the bank and make the employees adapt the changes that are likely to
appear. The FNB bank is one of the finest banks of the Midwest which has been associated
with the purchase of the other small banks of Ohio. This led to the expansion of the business
operations and activities which initially lead to the increased involvement and requirement of
the data sets.
Identify of an issue that is to be resolved through the creation of a project
The creation of the project is like to resolve the problem related to data security and
data preservation that are faced by the bank FNB. The usage of the centralized database
storage would be associated with preserving the data preservation (Kerzner & Kerzner,
2017). The PC and the laptops present at the branches of the bank are likely having the
capacity of continuing to function even after the failure of the hardware or are associated with
providing rare fault tolerance. The lack in the fault tolerance places any of the data stored in
the PC or in the Laptops which are at high risk of permeant loss of data (Verzuh, 2015). The
centralized data would be including a fault tolerant setup along with a reductant storage
which would be helping in the preservation of the data even after the occurrence of
catastrophic hardware failure of the hard drive.
FNB bank is associated with storage of large number of sensitive data of the
customers and for this reason the protection of data is a mission critical issue. Providing of
security to the data by making use of the central database storage would be associated with
putting forward very few challenges rather than making sure that security is being provided
across multiple local storage sites (Nicholas & Steyn, 2017). The data access policies that are
to be put into action would be associated with limiting the damage that a single compromised
can have. Besides the implementation of the encrypted virtual private networks along with

2PROJECT MANAGEMENT
the firewalls and rigorous password protection would be associated with ensuring high
security for the data of FNB.
Communication with the client throughout the project
Communication with the clients is one of the crucial factors responsible for the
success of the project. In order to manage the project, it is vital to keep all the clients updated
regarding the processes going inside a project. Keeping the clients informed regarding the
project is often neglected but it is very essential that the clients are being involved (Mir and
Pinnington, 2014). The clients can be kept informed by various means like the usage of
software which would be associated with informing the clients about the status of the project
along with the creation of status report, arranging of daily meetings or weekly meetings.
Using a good communication plan is very essential so as t keep the clients as well as
the stakeholders informed (Marchewka, 2014). By making use of the effective
communication plan the project manager as well as the team associated with the project of
FNB would become capable of knowing when and how are the clients to be informed. This
might seem to be requiring a lot of labor to put together the communication plan for the
project but this is essentially a very important step for success of the project. The clients need
to be contacted so as to identify the expectation that they are having (Wearne, 2014). By
conducting the works in the project according to the expectation of the clients it would be
ensured that the clients are in the loop and are happy. Besides this it is very essential to make
sure of the fact that the clients are being included during the project planning phase.
Application of the research theory to the organisation and project
The project would be responsible for bringing various type of benefits which have
been identified by making use of the research theory and this benefits mainly includes the