FINCBS INC.
BFSI – IT Program & Project Management
  Acquisition model : Based on purchasing of services
  Business Model : Based on pay for use
  Access Model : Over the internet to any device
  Access Model : Over the telecom to any device
  Technical Mode : Shareable
  Facilities deployment of fincloud without the cost and
   complexity of buying and managing complex system

                           www.fincbs.com
                                 pm@fincbs.com
SCOPE




                                                                         BFSI – IT Program & Project Management
                       BIFURCATION HERE     FOR COMPLETE USAGE HERE


            LEVEL 1           LEVEL 2        STAGE 3       STAGE 4

         PROGRAM &         BFSI SPECIFIC   OUTCOME       PROCESS




           1234
         PROJECTMENT                                     IMPROVEMENT &
         MANAGEMENT                                      OPTIMIZATION
LEVELS




           Expertise            Domain        Strategy       Process

         FINCBS                FINCBS         FINCBS         FINCBS
LEVEL 1   LEVEL 2   LEVEL 3   LEVEL 4




LEVEL                                  1 2 3 4




                                                                              BFSI – IT Program & Project Management
  STAGE 1     •   Value Proposition
                  Project Management- The development of
                  and management to a structured plan for the
PROGRAM &         execution of projects ensures visibility and




  1
PROJECTMENT       increases success. By proactively
MANAGEMENT        addressing time, cost, scope, quality,
                  resource and risk considerations, the
                  probability of on-time and on-budget project
                  delivery is increased.
              •   Program Management- When overseeing
                  multiple related projects or a Portfolio of
                  initiatives, Program Management service
                  ensures interdependencies are addressed,
   FINCBS         program standards are being used across all
                  projects, and the overall health of the
                  Program is being consistently assessed.
LEVEL1   LEVEL 2   LEVEL 3   LEVEL 4




LEVEL                                    1 2 3 4




                                                                                BFSI – IT Program & Project Management
                  Domain – BFSI Specific
   STAGE 2        Industry experience

 BFSI Specific
                  FINCBS – Banking Solutions




  2
                  Robust consultants
                  Result oriented team
                  Articulation of Project or Program Needs and
                   Drivers
                  Development of Work plans with Milestones,
                   Deliverables and Resource Allocation
                  Weekly Project Status Updates
                  Formal Project Organization Structure
     FINCBS
                  Stakeholder Communication Plan
                  Issues Tracking Framework
LEVEL 1   LEVEL 2   LEVEL 3   LEVEL 4
                                              FEL 1     FEL 2     FEL 3     FEL 4


LEVEL                                         1 2 3 4




                                                                                      BFSI – IT Program & Project Management
               Planning:
 STAGE 3       Project Charter including key drivers for the Project
               Project Plan and Schedule including activities, deliverables and
                resources
  Outcome      Project Team Organization including roles and responsibilities




 3
               Communication and Change Enablement Plan
               Execution:
               Management of activity progress against timeline estimates
               Management of progress against budget
               Management of project issues and active stakeholder
                communication
               Management of project interdependencies and relationships
                with other initiatives
               Management of resource loading and client personnel
                availability
               Close-Out:
               Verification and sign-off of project deliverables
  FINCBS       Authorization to move to post-project management or to the
                next phase as applicable
LEVEL 1     LEVEL 2    LEVEL 3    LEVEL 4




LEVEL                                                     1 2 3 4




                                                                                                     BFSI – IT Program & Project Management
                •   Process Improvement & Optimization
 LEVEL 4        •   Value Proposition
                    Understanding business process steps with the goal of identifying areas of
                    improvement and eliminating inefficiency in order to simplify, integrate and
                    automate. Processes are the key enabler to both effectiveness and efficiency of
PROCESS




 4
                    the IT operation. Both tool selection and organizational alignment should be
IMPROVEMENT &       based on optimized and clearly communicated processes.
                •
OPTIMIZATION        Key Components
                •   Understand what the process is trying to accomplish
                •   Map Processes
                •   Categorize Steps as Value Added or Non-Value Added
                •   Identify Improvements
                •   Define Cost Savings Opportunities
                •   Conduct External Benchmarking Research
                •   Define Recommendations & Action Plan
                •
                    Outcome
                •   Current State Process Flows
                •   Future State Process Flows
                •   Best Practices Gap Analysis
  FINCBS        •   Key Performance Indicators (KPIs)
                •   Continuous Improvement Plan
                •   Cost Benefit Analysis
                •   External Benchmark Analysis
THANK YOU

BFSI - IT Project Management

  • 1.
    FINCBS INC. BFSI –IT Program & Project Management  Acquisition model : Based on purchasing of services  Business Model : Based on pay for use  Access Model : Over the internet to any device  Access Model : Over the telecom to any device  Technical Mode : Shareable  Facilities deployment of fincloud without the cost and complexity of buying and managing complex system www.fincbs.com pm@fincbs.com
  • 2.
    SCOPE BFSI – IT Program & Project Management BIFURCATION HERE FOR COMPLETE USAGE HERE LEVEL 1 LEVEL 2 STAGE 3 STAGE 4 PROGRAM & BFSI SPECIFIC OUTCOME PROCESS 1234 PROJECTMENT IMPROVEMENT & MANAGEMENT OPTIMIZATION LEVELS Expertise Domain Strategy Process FINCBS FINCBS FINCBS FINCBS
  • 3.
    LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 1 2 3 4 BFSI – IT Program & Project Management STAGE 1 • Value Proposition Project Management- The development of and management to a structured plan for the PROGRAM & execution of projects ensures visibility and 1 PROJECTMENT increases success. By proactively MANAGEMENT addressing time, cost, scope, quality, resource and risk considerations, the probability of on-time and on-budget project delivery is increased. • Program Management- When overseeing multiple related projects or a Portfolio of initiatives, Program Management service ensures interdependencies are addressed, FINCBS program standards are being used across all projects, and the overall health of the Program is being consistently assessed.
  • 4.
    LEVEL1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 1 2 3 4 BFSI – IT Program & Project Management  Domain – BFSI Specific STAGE 2  Industry experience BFSI Specific  FINCBS – Banking Solutions 2  Robust consultants  Result oriented team  Articulation of Project or Program Needs and Drivers  Development of Work plans with Milestones, Deliverables and Resource Allocation  Weekly Project Status Updates  Formal Project Organization Structure FINCBS  Stakeholder Communication Plan  Issues Tracking Framework
  • 5.
    LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 FEL 1 FEL 2 FEL 3 FEL 4 LEVEL 1 2 3 4 BFSI – IT Program & Project Management  Planning: STAGE 3  Project Charter including key drivers for the Project  Project Plan and Schedule including activities, deliverables and resources Outcome  Project Team Organization including roles and responsibilities 3  Communication and Change Enablement Plan  Execution:  Management of activity progress against timeline estimates  Management of progress against budget  Management of project issues and active stakeholder communication  Management of project interdependencies and relationships with other initiatives  Management of resource loading and client personnel availability  Close-Out:  Verification and sign-off of project deliverables FINCBS  Authorization to move to post-project management or to the next phase as applicable
  • 6.
    LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4 LEVEL 1 2 3 4 BFSI – IT Program & Project Management • Process Improvement & Optimization LEVEL 4 • Value Proposition Understanding business process steps with the goal of identifying areas of improvement and eliminating inefficiency in order to simplify, integrate and automate. Processes are the key enabler to both effectiveness and efficiency of PROCESS 4 the IT operation. Both tool selection and organizational alignment should be IMPROVEMENT & based on optimized and clearly communicated processes. • OPTIMIZATION Key Components • Understand what the process is trying to accomplish • Map Processes • Categorize Steps as Value Added or Non-Value Added • Identify Improvements • Define Cost Savings Opportunities • Conduct External Benchmarking Research • Define Recommendations & Action Plan • Outcome • Current State Process Flows • Future State Process Flows • Best Practices Gap Analysis FINCBS • Key Performance Indicators (KPIs) • Continuous Improvement Plan • Cost Benefit Analysis • External Benchmark Analysis
  • 7.

Editor's Notes

  • #3 Each market sector is divided into business units with specialists in each area.
  • #4 Each market sector is divided into business units with specialists in each area.
  • #5 Each market sector is divided into business units with specialists in each area.
  • #6 Each market sector is divided into business units with specialists in each area.
  • #7 Each market sector is divided into business units with specialists in each area.
  • #8 Each market sector is divided into business units with specialists in each area.