Final Project Essay

Presentation

Paperless Banking
XYZ
XYZ

Introduction
ABC Bank
Retail Banking

Structure
ABC
BANK

HEADQUARTERS

BRANCH 1
New Jersey

BRANCH 2
New York

BRANCH 3
Pennsylvania

Organizational Structure

Weighted Scoring Model for 'Paperless Banking'
Created by: Mr. Joe

Criteria
Time to market
Cost
Risk Involved
Services provided
Profitablity

Weighted Project Scores

Weight
15%
20%
15%
30%
20%

100%

investment paperless loan project banking project project
80
80
50
60
60
50
50
75
50
20
90
50
20
50
50

46
75
50

Weighted Score by Project

loan project

paperless banking project

investment project

0

10

20

30

40

50

60

70

80

Project Management Life Cycle

Project Objectives
 Reduce the amount of paper and other consumable

items
 Reduce employee time spent in filing and retrieving

documents
 Eliminate filing errors such as misfiling documents
 Decrease wait time for signature verifications
 Response time to questions requiring loan/deposit

documentation retrieval.

Scope
Automate the functions of Loan Department
 Includes all documents from application through closing

and ongoing servicing of loans
 Automate the functions of the Accounts Department


Existing customer accounts, signature verification



Automate the functions of the HR Department
 Employee personal files and job application process
 Automate the functions of Customer Relationship
Department
 Account opening process, Bank brochure(s),
Customer feedback mechanism

Milestones
1
2
3
4

• Work Breakdown Structure

• Acquire required software and hardware
(tools)

• Integrating modules to the system

• Deployment of e-Document Management
System

Work Breakdown Structure
Pre-development activities
Develop e-document management system
Post Development Activities

Budgetin g Upfront Costs

Dollars

Implementation and training

75000

Imaging system for customer data

5000

Core synchronization

45000

Integrated barcodes

5000

Report and audit

5000

Training

5000

Scanning equipment

10000

Server investment

10000

Ongoing Costs

Dollars

Annual maintenance and support

15000

Resource Allocation
Project team
Project Team

Roles & Responsibilities

Manager ( Customer Relationship department)

Project Manager: Facilitator of the project

Asst. Manager (Accounts department)

Responsible for sharing information of Accounts department with the project team

Asst. Manager

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Final Project: Final Project Overview And Timeline

Analysis: The Final Project