Smart Money Bank ABM Infrastructure Upgrade.

Running head: SMART MONEY BANK ABM INFRASTRUCTURE UPGRADE
Smart Money Bank ABM Infrastructure Upgrade
Name of the Student
Name of the University
Author Note

SMART MONEY BANK ABM INFRASTRUCTURE UPGRADE
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Table of Contents
Scope Statement.........................................................................................................................2
Problem statement..................................................................................................................2
Description of the product:.....................................................................................................2
Objectives of the project........................................................................................................2
Assumptions...........................................................................................................................3
Constraints..............................................................................................................................4
Deliverable.............................................................................................................................4
Work Breakdown Structure........................................................................................................5
Plan.............................................................................................................................................5
Bibliography...............................................................................................................................6

SMART MONEY BANK ABM INFRASTRUCTURE UPGRADE
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Scope Statement
It is defined as the type of statement which contains the deliverables of a project, this
statement is very much required to understand the objectives of a project. The success criteria
of a project can be understood in the first place using a scope statement. This statement is
written by the project manager before writing the statement of work. The entire life cycle of
the products can be understood using the scope statement as well.
Problem statement
There are downtime issues associated with the current core system of Smart Money
Bank; as a result, this banking organization is facing a huge challenge to retain their loyal
consumers. Thus, the existing system needs to be upgraded so that the net revenue of this
business starts increasing.
Description of the product:
The core system of Smart Money Bank shall be upgraded to the latest version of the
ABM software. The new system shall have new features both for the consumers and for the
employees working in the bank. The software can be very much useful to communicate the
service providers of this bank as well such as the external contractors.
Objectives of the project
The objectives of this project are as followings:
 Improve the uptime of the ABMs throughout the bank’s network
 Acquire new version of ABM software
 Develop a schedule for a phased implementation of the project
 Arrange for technical and user acceptance testing of the new software
 Engage a focus customer focus group to assess the new features being offered