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Bluebank-Project Initiation Document-1.

docx

Project Initiation Document


Project Name: Blue Bank Technology

Project code/JN: BB-001 Customer: Blue Bank


Project Manager: Nilesh Kishore Project Sponsor: Harold Johnson
Project Description This project will scope and produce a strategic approach to new
technology
Author: Nilesh Kishore

Project Definition
Background
Recently, several banks have started offering customers remote deposit capture. With this new
service, customers do not have to physically go to banks or ATM machines to deposit checks
anymore. Instead, they can send checks as a scanned image through an Internet portal
provided by the bank. This technology can save banks and customers time and money making
the transactions. Blue Bank is considering implementing this new service. To use it, customers
need a remote capture account with Blue Bank and a special scanner to get the necessary
images to make the electronic deposit. Once the account is established in the system,
customers will be able to scan all of their checks anytime and anywhere by accessing the Blue
Bank service through the Internet, logging in, and scanning the checks. The service should be
as easy as sending an attachment in an email. Of course, this new application has to be very
reliable, secure, and easy to use. It must be integrated into the current Blue Bank Web site,
and the Web site must also provide the ability for customers to purchase the special scanner.
Blue Bank will set up the scanner-purchasing ability with several appropriate hardware vendors
and sell the devices at its physical banks as well. Blue Bank is not sure yet what to charge for
the scanners or service. The Web site will also provide online technical support and
instructions showing customers how to set up and use the new scanner and service. Support
will be provided 24/7 via the Web site and telephone.

Project objectives
Complete the project within the given timeframe and within the budget of $500,000
Achieve day to day goals

Desired outcomes
Improve profitability
Grow customer size
Retain loyal customers

Project scope and exclusions


Implement RDC and service desk

© Crown Copyright 2009 Reproduced with permission from OGC.


PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries
PROJECT in a box method template usage terms and conditions apply 1 of 4
Bluebank-Project Initiation Document-1.docx

Project Initiation Document


Constraints and assumptions
TBD

The user(s) and any other known interested parties


Management
Customers
Marketing
Administration

Interfaces
Support desk
Cheque processing system

Project Approach
Outsource company (DevAn and Codecorp)
Outsource Integrator
Test the Implement

Business Case
Business Strategy alignment
Strategic benefits – Improving IT business
A measure such as RIO, MPV and payback period

© Crown Copyright 2009 Reproduced with permission from OGC.


PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries
PROJECT in a box method template usage terms and conditions apply 2 of 4
Bluebank-Project Initiation Document-1.docx

Project Initiation Document


Project Management Team Structure

Role Descriptions
TBD

Quality Management Strategy


TBD

Configuration Management Strategy


TBD

© Crown Copyright 2009 Reproduced with permission from OGC.


PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries
PROJECT in a box method template usage terms and conditions apply 3 of 4
Bluebank-Project Initiation Document-1.docx

Project Initiation Document

Risk Management Strategy


TBD

Communication Management Strategy


TBD

Project Plan
TBD

Project Controls
TBD

Tailoring of PRINCE2
We used project in a box, which is a version of Prince2

© Crown Copyright 2009 Reproduced with permission from OGC.


PRINCE2® is a Registered Trade Mark of the Office of Government Commerce in the United Kingdom and other countries
PROJECT in a box method template usage terms and conditions apply 4 of 4

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