Question.4583 - Review: Based on what you learned from Chapter 2, practice answering the questions and then review your answers in Appendix D. ***** Optional practice questions. *****Why was determining the number of the bank’s projects necessary? Why was understanding the capacity of the bank important?Why was understanding the capabilities of the bank important?Homework: Answer “WHY” to the above questions and then answer the questions below.Think differently, not what the challenges were, but why there were challenges, not what things can be done to address issues, but why it was important to address those issues, and finally, why the strategy was developed.WHY? For the three questions above, submit your understanding of “Why” they were answered the way they were or the importance of the questions.Discuss how the bank might / would determine where projects should be continued or terminated.Regardless of the position the author/book proposes (including Question 3), in your opinion, does it make sense to perform the activities to ascertain the “Capacity” from a human resource perspective?Could the ATM Program(s) have been performed without knowing the capabilities of the bank's human resources? Discuss Pros and cons.
Answer Below:
Case xxxxx - xxx Implementation xxxxxxx Portfolio xxxxxxxxxx ContinuedWeek x Case xxxxx - xxx Implementation xxxxxxx Portfolio xxxxxxxxxx Continued xxxxxxxxxx the xxxxxx of xxxxxxxx projects xx the xxxx was xxxxxxxxx for xxxxxxxxxxxxxx and xxxxxxxxx with xxxxxxxxx objectives xxxxx a xxxxxxxxxx of xxxxxx resources xxxxxxx how xxxx projects xxxx presently xxxxx carried xxx enabled xxx bank xx wisely xxxxxxxx funds xxx maximize xxxxxxx on xxxxxxxxxx This xxxxxxx that xxxxxxxx creating xxxxxxxxxxx value xx enhancing xxxxxxxx satisfaction xxxxx not xxxx occurred xxxxxxxxxxxxxx with xxxxx judged xx redundant xx low-value xxxxxxxxxxx it xxxxxxxx clarity xx which xxxxxxxx among xxxxx proposed xxxxxx be xxxxxxxx rejected xx postponed xxxxx on xxxxx benefits xxx alignment xxxx the xxxxxx objectives xxxxxx Capacity xxxxxxxxxxxxx was xxxxxxxx in xxxxxxxx to xxx bank's xxxxxxxxxxx demands xxx appropriate xxx strategies xxxxxxxxx technological xxx human xxxxxxxxx were xxxxxxxx before xxxxxxx such x project xxxx progress xxx COO's xxxx covered xx infrastructure xxxxxxxx modification xxxxxxxx and xxxxxxxx to xxxxxx that xxx right xxxx of xxxxxxxxxxx within xxx bank xxx present xxxxxx The xxxxxxx of xxxx understanding xxxxx mean xxxx project xxxxxxxxx is xxxxxxxx to xxxx due xx overextension xxxxxxxxxxxx or xxxx stakeholder xxxxxxxxx Leadership xxxxxxxx the xxxxxx capabilities xx understanding xxxxxxx it xxxxxxxxx the xxxxxxxxx skills xxxxxxx and xxxxxxxxxxxxxx to xxxxx and xxxxxxx ATMs xxx capabilities xxxxxxxx not xxxx the xx support xxx also xxxxxxxx adaptability xxxxxx partnerships xxx customer xxxxxxx integration xxxxxx The xxxx had xx assess xx it xxxxx modify xxxxxxxxxx retrain xxxxxxxxx and xxxxxx new xxxxxxxxxx effectively xxxx maintained x smooth xxxxxxxxxx and xxxxxxx that xxxxxxxxx benefits xxxx realized xxxxx minimizing xxxxxxxxxxx risks xxx resistance xxxx employees xxxxx questions xxxxxx out xx be xxxx important xx they xxxx the xxx to x sound xxxxxxx strategy xxx many xxxxxxxx exist xxxx is xxxx ensures xxxxxxxxx alignment xxx the xxxxxxxxxx needed xxx project xx make xx worthwhile xxxxxxxx will xxxxxxx tell xxx whether xxx organization xxx handle xxx workload xxxxxxx compromising xxx operations xxxxxxxxxx is xxxxxxx if xxxxx are xxx right xxxxxx and xxxxxxxxxxxxxx All xx these xxx assist xxx bank xx addressing xxxxx ensuring xxxxxxx delivery xxx sustainability-the xxxxx ingredients xx successful xxxxxxxxxxxxxx initiatives xx an xxxxxxxxxxx The xxxx may xxxxxxx benefit xxxxxxxxxx and xxxxxxxxx alignment xx assess xxxxxxx feasibility xxxx may xxxxxxx looking xx how xxx the xxxxxxx aligns xxxx business xxxxx expected xxxxxx on xxxxxxxxxx resource xxxxx and xxxxx stakeholder xxxxx Warren xxxxxxxxx like x program xxxxxxx business xxxx analysis xxx steering xxxxxxxxx review xxxxx for xxxxxxxxxx decisions xxxxx approve xxxxx or xxxxxxxxx a xxxxxxx depending xx its xxxxxxxxxxx and xxxxxxxxx Yes xxxxxxx an xxxxxxxxxx of xxxxxxxx is xxxxxxxxxx from xxx human xxxxxxxx perspective xxxxxxxx to xxx project xx not xxxxx resources xxxx a xxx role xx the xxxxxxx of xxx project xxxxxx transformation xxxxxx The xxx project xxxxxxxx changes xx operations xxxxxxxx of xxxxx and xxxxxxx with xxx unions xxxxxxx this xxxxxxxxxx the xxxx may xxxx resistance xx inefficiency xx it xxx simply xxxx to xxxxxxxxx the xxxxxxx at xxx Evaluating xxxxxxxx skill xxxx and xxxxxxxxxxxx of xxxxx ensured xxxx the xxxx had xxx right xxxxxx in xxx right xxxxxx for xxx success xx the xxxxxxx The xxx project xxxxx go xxxxx without xxxxxxxxx HR xxxxxxxxxxxx but xxxx is xxxx risky xxxx Fast xxxxx initiation xxx reduced xxxx for xxxxxxxx Cons xxxx risk xx operational xxxxxxx pushback xxxx employees xxx customer xxxxxxxxxxxxxxx Understanding xx capabilities xxxx it xxxxxxxx to xxxxx staff xxxxxxxx jobs xxx allow xxxxxx transition xxxxxxx this xxx bank xxxxx face xxxxxxxx overloads xxxxx problems xx delays xx implementation xxxxxxxxxx HR xxxxxxxxx ensures xxxxxxxxxxxxxx and xxxxxxxx realization xxxxxx to xxx above xxxxxx ReferencesWarren x E xxxxxxx Business xxxxxxxxxxxxxx nd xx Stratus xxxxxxxxxxMore Articles From Business Transformation Through Program Management