Lessons Learnt Report- First National Bank Ohio Essay examples
First National Bank, Ohio
MIS Project Management
1. INTRODUCTION 3
2. SUMMARY 4-5
3. STAKEHOLDERS 6-7
4. FACTORS THAT CONTRIBUTED TO FAILURE 8
5. MANAGEMENT METHODOLOGY 9-11
6. PROJECT COST MANAGEMENT 12-14
7. RECOMMENDATIONS 15-17
8. CONCLUSION 18
I. BIBLIOGRAPHY & REFERENCES 19
The following document is a comprehensive ‘Lessons LearntReport’ on the First National Bank of Ohio’s MIS Project.
This report was compiled by a team of professional project managers and gives an objective insight to the project in full.
Throughout this entire report we will describe the lack of proper planning and …show more content…
The Priorities Committee was set up in 1982 and consisted of the CEO from each of the major operating divisions affected by the need for updated information systems. This committee ensures that resources of systems, staff and hardware are assigned correctly based on cost justification.
Also in 1982, the ISD division was set up to centralise all ISD through one channel rather than in separate divisions. The ISD general manager is responsible for agreeing to staff resourcing from a systems and development perspective.
The quality review board are tasked with reviewing the results of each project sub-phase and giving the go ahead for progression to next stage based on successful completion and documentation.
FACTORS THAT CONTRIBUTED TO FAILURE
The following anomalies/irregularities were observed from the creation of the Information Services Division (ISD) (1982) to the Corporate Database Project (1986).(International Journal of Project ManagementVolume 18, Issue 3, (1 June 2000, Pages 173–177))
* The rapid expansion of the company in the late 1970s led to the establishment of the Information Services Division 1982.This in turn led to an unprecedented staff increase, some of whom were not qualified, this ultimately led to an over staffed, complex corporate structure.
* An over…