Project definition The Australian Commercial Bank (ACB) is planning to upgrade their network and services in 2020 according to the current technology trends. The bank having 525 branches and 2230 ATMs...

Project definition
The Australian Commercial Bank (ACB) is planning to upgrade their network and services in 2020 according to the cu
ent technology trends.  The bank having 525
anches and 2230 ATMs across the Australia has been identified as a pioneer in the industry. The Vision 2020 plan recently revealed ceremoniously consists of the following advanced technological features.
1.      Cloud app
A sophisticated cloud app for customers to access through all the mobile devices. This app allows money transfer, payments, or ATM withdrawals and integration to social networks. The app also supports transactions using bitcoin.  
 
2.     Mobile ATMs
Self-driven vehicles embedded with an ATMs. Customers can request the services of these mobile ATMs for and they will a
ive the destination within half an hour as guaranteed by the bank. However, the service might take longer time in some areas. All the mobile ATMs in a state are controlled by one control centre and all the control centres are connected through a high-speed WAN so that in case of a failure in one state all the operations could be transfe
ed to another control centre. A leading ATM manufacturer has agreed to supply these mobile ATMs within 6 months upon the order.
 
3.     Robot reception officers
There will be robots at
anch entrances helping customers on queue management and solving simple qua
ies. If the robots cannot solve these issues they will be forwarded to human officers. These robots too are managed by the state control centres described above in 2.
 
4.     Analytics centre
One national centre located in Sydney that analyses all customer data and trends. The centre will produce useful predictions on customer and market behaviour which could be used for business decisions.
 
5.     Core banking system
The Mainframe-based core banking software that handles all the transactions and banking operations will be upgraded to serve the new requirements.
 
6.     High-speed WAN
The cu
ent network will be upgraded to a high-speed WAN connecting all the
anches, ATMs, offices and control centres. The WAN should meet availability, reliability and security features acceptable for banking industry and data rate requirements of the features 1-5

Project Management
XXXXXXXXXXAssessment 1 Case Studies & Presentation


1 Project Management

2


MAJOR PROJECT PROPOSAL TEMPLATE

Please complete the template below and submit it to your Lecture
Tutor by 5.00pm on
Monday week 4 for Melbourne, and week 4 for Sydney in hard copy. It is the student’s
esponsibility to ensure that the proposal is submitted properly, and you must keep a copy. Your
Project Proposal should be approximately 400 words and the project title is STRICTLY based on
the IT systems. Finally, your proposal should be focussed, concise and written in clear English
and Project Management language and need prior approval from your Lecture
Tutor before
commencing it.

PROJECT TITLE:
(Put here a very
ief but exact title on)

BACKGROUND AND CURRENT PRACTICE (1/2 page)
(The cu
ent state-of-the-art in the proposed project’s area and how the proposed work will advance it).

PROJECT AIMS/OBJECTIVES:
(Specific, measurable, achievable, relevant, time-framed and in point form)

START DATE & COMPLETION DATE:
(estimations, may vary as you proceed)

STAKEHOLDERS
(Think widely about various interests, public/private, business/community, lo
y groups, etc.)

PROJECT BENEFITS:
(Benefits of running with this project?)

PROJECT TEAM
(Skills/knowledge – technical, legal, financial, etc – roles and not names of people)

INITIAL RISK IDENTIFUCATION:
(Resources, budget, etc)

EXPECTED OUTCOMES:
(Bigger picture outcomes)

INITIAL ESTIMATES OF COSTS:
$ (detailed estimation needed)

SIGNATURE OF PROJECT MANAGER: (You must sign on behalf of your group)
DATE: