CHAPTER 6

Mastering Bank Project Management Challenges

It is no secret that every project in every industry comes with its own set of challenges. The banking industry is no different. Whether the bank wants to replace aging legacy systems, offer a new product, reduce operating costs, increase revenue, or bolster its compliance program, the projects created to accomplish these goals will undoubtedly experience challenges. So, the question is not if the project will experience challenges but when and what can the project manager do about it.

This chapter will offer ways to master bank project management challenges with a focus on sponsor/stakeholder challenges, communication challenges, and risk management challenges.

Project Sponsor/Stakeholder ...

Get Project Management for Banks now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.