Some credit unions find that they are excellent at strategic planning, but terrible at execution. Project management is a tool that can help with executing projects in a timely and well-planned manner. The key is to keep your project management simple and straightforward. If there are too many projects (and too little time to complete […]
Recently, NCUA released its proposed rule for capital planning and stress testing. Even though the regulation will only affect credit unions with assets $10 billion and above, consider your institution. How adequately prepared are you if, in the future, this rule were to be applied to credit unions under $10 billion in assets? Let us […]
The final step in an effective project management life cycle, often forgotten or neglected by project teams, is Project Closure. Let’s face it: few projects are executed without at least a few “hiccups” along the way. Project management can be more art than science in some instances; there isn’t always one “right” way to proceed […]
