Search: portfolio of projects

Balancing Credit Union IT Projects Using A Member-Centric Approach

Technology innovation is exciting!  The newest technologies can change credit union business models, create a new customer experience, improve service, and reduce costs.  Consumers have more choices for ways to conduct their financial transactions than ever before, and we are a culture that values choices. Leaders face questions about how to best utilize the credit […]

Don’t Let Poor Project Management Set Your Go-Live Dates

Three. The typical number of bottlenecks when it comes to credit union project management: IT, Marketing, Compliance. These three departments are tasked with to-do lists for many projects within the credit union – on top of their own projects and priorities. A huge concern is if go-live dates are set on a case-by-case basis, instead […]

Effective Project Management Can Improve The Bottom Line

Who doesn’t want to have the right things done, at the right time, within budget?  Nobody.  Yet, across all industries, up to 72% of projects fail (Source:  The Chaos Report, Project Management Institute, April 2009).  A poor project management process is the single largest reason for this high rate of failure, which costs money, wastes […]

Moving Forward with Strategic Implementation

Now that the beginning of the year is upon us, many of the key projects that came out of strategic planning in 2018 are kicking off.  It’s an exciting time!  Unfortunately, not all of those key projects will be completed successfully, many will result in schedule and budget overruns, and some will extract significant pain […]

Policy Risk Limits are Often a Moving Target

With market interest rates on the rise for the first time in nearly 15 years, comes a host of new considerations for the credit union industry. Among them is an understanding that many Interest Rate Risk (IRR) policy limits are in fact a moving target. Whether rates stay put, continue to increase, or possibly head […]

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