Project Management for Banks & Financial Institutions

This programme is only available on in-company basis. Please, contact us for more information

Course Description

Effective project management helps reducing costs, meet the deadlines and increase the efficiency of your organisation. 

This practical 2-day course will show you the essential elements required in planning a project and give you the confidence and useful tools to put it into practice. From defining project objectives, setting up phases and assigning roles to time and budget management and quality control - you will have a chance to explore all ingredients of effective project management. 

The programme is particularly designed for banks and financial institutions and includes case studies from organisations around the world.

What Will You Learn

 By the end of this course you will be able to: 

  • Plan, prepare and effectively implement a project in your organisation
  • Clearly define objectives and asses risks
  • Set up implementation phases
  • Assign roles and responsibilities in order to optimise the use of resources
  • Plan and control the budget
  • Manage changes and trouble shooting 
  • Monitor quality 
  • Assess project implementation 
  • Case studies from around the world

Main Topics Covered During This Training

  • Defining project scope
  • Principles of project management
  • Roles and responsibilities
  • Project budgeting
  • Managing risk involved 
  • Planning phases 
  • Tracking, controlling and reporting
  • Change management
  • Quality management
  • Finalising a project

Who Should Attend

From banks, insurance companies, financial institutions: 

  • Project Managers 
  • Supervisors 
  • Senior and Junior Staff involved in any aspect of project management

This training course will give participants an overview of the entire project management process, as well as key project management tools that they can use every day. The course is designed specifically for bank/financial institution projects.  

In-Company, call us for more information

Project Management - A 2 Day Programme
  • Definition of a project
  • Four characteristics of projects
  • Process vs Project 
  • Common problems during the project 
  • Methods of implementing a project are examined covering pros and cons of each
  • Case Study: IT Resource Plan 
  • Defining the project: 
        - Defining the project
        - Analysing requirements
        - Designign user functions
        - IT Technical design
        - Build and test
        - User acceptance
        - The Project Life Cycle 
  • Manageable project components
  • Project phases
  • Understanding business needs
  • Project organisational chart
  • Project participants and their roles
  • Project sponsor
  • Role of Project Steering Committee
  • Role of Project Manager
  • Defining and getting agreement to roles
  • Securing resources and fashioning into a team
  • Planning the project
  • Design project control mechanisms
  • Managing project scope
  • Reporting progress
  • Accounting for quality
  • Characteristics of a Project Manager
  • Creating the Project Budget
  • Breaking the project down into its major phases and their component activities
  • Direct & indirect costs
  • Estimating costs
  • Monitoring Project Costs
  • Handling cost variances
  • Definition of the project, phase plan and agreement
  • Evaluating business needs
  • Finding the best solution
  • Investigate costs and benefits
  • Define the project
  • Estimate and plan first phase
  • Decide “go or no go”
  • Project sizes
  • Managing Project Risk
          - Measure - understanding what risks are faced, their probability and impact
          - Minimise - identify what can be done to remove or reduce risks. 
          - Mention - speak to the sponsor. Don't keep risks secret. 
          - Monitor - keep risks under review, monitor and reduce as you go. 
          - Modify - share experience, update your organisation's risk checklists. 
  • Monte Carlo simulations 
  • Good project definition – understanding the scope
  • Handling costs 
  • Analyze estimates
  • Rules of thumb 
  • User effort 
  • Realism 
  • Bottom up estimating 
  • Mandatory review
  • Inherited estimates 
  • Why we get estimates wrong 
  • Suggestions for getting it right 
  • Phase planning and task size 
  • Tools
  • Part time participants
  • Critical Path
  • How long does it take to plan a project phase? 
  • Changes and contingency 

Case Study

Day Two
  • Creating a project phase agreement
  • Contents of a phase agreement
  • Outlook for later project phases 
  • Benchmark, foresight, relationship to Project Definition Document 
  • Monitoring commitments 
  • Why phase agreements are important

Case Study

  • Start of each phase
  • During the phase
  • Health checks - which projects and when 
  • Doing a health check
  • Health checks and reporting 
  • Following up
  • Informal reviews 
  • Compliance monitoring 
  • Technical Reviews 
  • Other things project support should do 
  • Who fills the project support role 
  • Tracking, controlling and reporting activities for team leaders, project managers and project sponsors  
  • Project office 
  • Weekly status meetings 
  • Full team meetings 
  • Monthly status meeting 
  • Project Monthly Report (PMR) 
  • Defining an “issue”
  • Potential issues in the project environment
  • Other events requiring a change
  • Project change requests (PCR) 
Case Study: Allianz Bank
  • Quality planning
  • Quality in all projects 
  • Error cost in the business case 
  • Team quality briefing 
  • Inspections 
  • Simulations 
  • Expected results 
  • System testing 
  • Quality Measurements 
  • Cause analysis 
  • Quality lessons learned review 
  • Team members' quality objectives 
  • Objective quality and subjective quality 
  • Reviewing at the end of each project phase: lessons learned, shared experience
  • Phase end report 
  • At the end of the project 
  • Final phase end report 
  • User satisfaction survey 
  • Post implementation review (PIR) 
In this closing case study participants are taken through an actual project analysing guidelines and process covered during the course.  


Richard’s professional experience spans over 25 years. He started his career with Wells Fargo Bank, following by Fundtech and then moving to international advisory and consulting for the private and high-tech sectors providing high-level consulting, business analysis, project management and training to a wide range of banking clientele across the globe.   
Over his career Richard was involved in International Trade Finance, Cross Border Payments and Settlements, Operational Risk, AML and Corporate Governance amongst others.
He has spent extensive time servicing a diversity of financial institutional clients in many countries including: UK, Ireland, China, Singapore, Hong Kong, Philippines, Korea, Malawi, Ghana, Nigeria, Kenya, South Africa, Poland, Sweden, Netherlands, Greece, Norway, Bermuda and across North America. 
Clients that Richard has trained & consulted to include: JP Morgan, Abu Dhabi Commercial Bank, Qatar Exchange, Abu Dhabi Investment Authority, Central Bank of Egypt, Irish Gas, UBS, Central Bank of Ireland, Central Bank of Norway, Merrill Lynch, PGGM, BP, Asian Development Bank, African Development Bank, Instinet, Fundtech, European Central Bank, Brunei Investment Agency, British Steel Pension Fund, Salesforce and Tullet Prebon amongst others.
Project Management for Banks & Financial Institutions <p>Effective project management helps reducing costs, meet the deadlines and increase the efficiency of your organisation.&nbsp;</p> <p>This practical 2-day course will show you the essential elements required in planning a project and give you the confidence and useful tools to put it into practice.&nbsp;From defining project objectives, setting up phases and assigning roles to time and budget ma ... In-Company